With the arrest of Sudhir Dhawale, the well-known dalit social activist and editor of Vidrohi, another Binayak Sen has emerged, charged with sedition and declaring war against the Indian state.
Columns
An ideal system of global liquidity for the official sector is one which both lubricates international commerce with low risk while facilitating the smooth adjustment of global imbalances when these...
Rich and powerful "fraudsters" like Satyam's Ramalinga Raju will get away; the down and out like Satyam Babu, a poor dalit wrongly convicted for a murder he did not commit, will rot in jail. Caste...
One cannot argue that the high unemployment today in the advanced economies calls for a Keynesian solution. Unlike the 1930s, which were characterised by high unemployment and large savings, it is...
In the 1880s, in colonial India a Faizabad court disallowed the building of a Ram temple on the Ram chabutara, but now, a high court in independent India, swearing by the lofty ideals of the...
The Reserve Bank of India's discussion paper on entry of new banks in the private sector lists a number of issues in the next round of licensing of such banks. If the new private banks are to focus...
With the kind of scandals and mishaps that have brought the Commonwealth Games to the brink of being rendered a flop show, the entire elitist exercise of seeking superpower status has boomeranged,...
The global banking lobby has managed to block structural reform aimed at averting another financial crisis as in 2008. It first stalled radical reform measures to restrict the activities of banks and...
Nothing ever happens in the country to those who have pelf and power even as millions get pushed to the margins. Those like Natha in Peepli Live are enveloped in the peace of the dead!
Cross-border finance will increasingly be shaped by the fiscal crisis in the advanced countries.
While commuting the death sentence of the six convicts in the Khairlanji dalit killings case to imprisonment for 25 years, the high court did not think there was a caste angle or that any planning...
That complex financial derivatives lay at the root of the financial crisis is a seductive but wrong idea. When liabilities are complex assets cannot be simple, otherwise we will have a mismatch...
The world banking system has been adjusting to the post-crisis deleveraging in the household and corporate sectors. At the same time, leverage in government has shot up as governments have intervened...
Why has the International Monetary Fund argued, through a staff paper, that there could be circumstances where capital controls may be warranted. It could be that since the current surge in capital...
The idea of Maharashtra had nothing to do with Marathi parochialism. The radical tinge that resonated in the slogan "Samyukta Maharashtra, Socialist Maharashtra" implied that the new state was to...
