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  1. It’s Economics, stupid !

    Posted by
    / May 24, 2012 / Leave a comment
    It is sometimes easy to get swayed by rabble-rousers and TV debates and understand something that doesn’t stand economic logic. Current turmoil in forex markets, petrol prices, stock markets etc. points to that. Let’s talk about Petrol first. We will never stop importing crude and therefore must prioritise that over...

  2. Vijay Mallya to Kingfisher employees

    Posted by
    / February 27, 2012 / Leave a comment
    This is the letter written by Kingfisher CMD Vijay Mallya to his employees. Since a lot has been written about KFA in the recent past, it is only fair that everyone knows what’s on Mallya’s mind as well.  This is the letter reproduced in full.  February 26, 2012 Dear Colleagues...

  3. Free lunch, anyone ?

    Posted by
    / January 23, 2012 / Leave a comment
    By G Mohan “There’s no such thing as a free lunch” is an old economic theory, often attributed to Milton Friedman. This essentially means, you don’t get something for nothing. Yet, most of us fall for free stuff. Particularly in the internet age. So much so, we expect things on...

  4. Desperately seeking FM

    Posted by
    / January 22, 2012 / Leave a comment
    By G Mohan At every available forum, Finance Minister Pranab Mukherjee is crying hoarse that the fiscal situation is ‘challenging’. Ahead of the budget, he is making it clear that most of the targets set during last year’s budget, be it GDP or inflation or fiscal deficit would not be...

  5. Go fly a kite

    Posted by
    / January 14, 2012 / Leave a comment
    By G Mohan Coinciding with Makar Sankranthi, the Andhra Pradesh government through its toursim department, conducts an International Kite festival every year. This year too the Kite festival is being held on January 14 and 15 at Necklace Road in Hyderabad. But even before the first kite was up in...

  6. The AD brigade will be the death of India’s economy

    Posted by
    / December 5, 2011 / 3 Comments
    By M S Hussain So the government of MMS has finally capitulated to a bunch of has-beens calling themselves the Opposition. I am talking about the FDI in retail kerfuffle, where MMS made some brave noises, struck some heroic poses, about not backing down allowing Foreign Direct Investment in the retail...

  7. Goodbye DD, Welcome NEFT

    Posted by
    / November 5, 2011 / 4 Comments
    By G Mohan   This is from Kolkata in the early 90s. The city has its fair share of migrant workers from the interiors of Bihar. These workers would send money to their family back home. They would buy an envelope from the Post office and since most of them...

  8. Is South India the new Bimaru?

    Posted by
    / November 4, 2011 / 2 Comments
    By T S Sudhir It is a sad commentary on the state of affairs in India that much of the political establishment today finds itself surrounded not by black cats but by black coats. Surf any TV channel at any time of the day, and you will find stories only...

  9. Why banks need adult supervision

    Posted by
    / September 15, 2011 / 3 Comments
    By M S Hussain   The news today is that a so-called ‘rogue’ trader sank more than USD 2 billion of UBS’ money in unsupervised trades. This money has now gone into the toilet, UBS announced today, though, in all fairness, it did not use the word ‘toilet’. Discerning readers...

  10. Telangana’s manufacturing losses

    Posted by
    / July 11, 2011 / 3 Comments
    By M S Hussain   `The Hindu Business Line’ reports in its 11 July edition that Hinduja Foundries Limited has cancelled its proposal to set up a greenfield castings factory in Toopran in Medak district, because of the ‘Telangana problem’. Instead of a new plant at Toopran, the company is planning...

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