17 results found

Gujarat 2017, lessons for all

This election was the first since slow economic growth was apparent and in the data. A slow economy, however, was not the only factor — after all, in Himachal Pradesh, the BJP won by a large margin.

Gujarat 2017- A turning point?

For whom will the Gujarat election toll – a confident BJP or a reviving Congress? The opinion polls suggest that Gujarat may not be a Rahul Gandhi moment.

It’s interest rates, stupid

Inflation is down by 700 bp since 2013, and policy rates have declined by 200bp — and you are still wondering why GDP growth is slow?

Battle of the elites

The old elite won’t give up their privileges easily. They will try to derail the structural transformation happening in India and object at every turn.

Just why are farmers rioting?

It is politics that best explains the phenomena of farmer riots amidst growing prosperity.

The good, the ugly

Narendra Modi’s tenure thus far has brought about significant structural change in the economy. But the nation needs to be careful about false morality and cow vigilantism

Cow vigilantism — or minority hunting?

PM Modi has nothing to gain and everything to lose by pursuing a divisive social agenda. He has to worry both about the enemy within, and the one outside, his development tent.

Case for an inter-meeting rate hike

A ‘rate hike in time is just fine’ is a wise RBI saying. With CPI inflation at near-historic lows, this must mean, according to the RBI law of mean reversion, that the future will bring high inflation. Hence, the urgent...

Seeking redemption in UP 2017

Many expect the Uttar Pradesh election to go the Bihar way — a big loss for BJP. However, the same math suggests the BJP is likely to win a comfortable majority in the state

Not business as usual

Budget 2017-18 is probably the most brilliant economic and political document since the path-breaking budget of 1991