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Highway snobbery takes a toll

India, Aug. 25 -- On August 15, 2025, as Prime Minister Narendra Modi delivered his twelfth speech from the ramparts of the Red Fort, the National Highways Authority of India (NHAI) unveiled an annual... Read More


Great But Sinful Tax?

India, Aug. 22 -- Since the beginning, the policy-makers knew that the Goods and Services Tax (GST) should have minimal slabs and rates. Yet, political compromises, which are not economically or fisca... Read More


Gabbar Singh Tax or Good and Simple Tax

India, Aug. 21 -- When I was a young journalist in Bombay (now Mumbai), there was an event that evoked a lot of humour and pained resignation. It was 1986 or perhaps 1987. The Octroi tax staff in the ... Read More


Bold gambit or a rabbit hole

India, Aug. 20 -- First the news. Recently, the Reserve Bank of India (RBI) issued new rules that allow exporters and importers, both domestic and global, to open Indian bank accounts without approval... Read More


Small is beautiful and prosperous

India, Aug. 18 -- During the late 1990s, I visited Raipur, a then-sleepy town in Madhya Pradesh, which was agog with excitement and anticipation. The NDA regime under Atal Bihari Vajpayee had almost s... Read More


Sky-high CEO salaries, rock-bottom worker earnings

India, Aug. 13 -- The French economist, Thomas Piketty, often described as the 21st century Karl Marx, has a large fan following in India because of his views on wealth inequalities. One reason is the... Read More