The Indian National Interest Review
Will the current government choose responsibly, or leave the well poisoned for the rest of us? In 1462, Price Vlad III (the original ‘Dracula’) retreated through Turkish-controlled Bulgaria across the… Continue reading "Scorched economy: poisoning the well"
Implementing Nitin Gadkari’s idea of abolishing income, sales and excise taxes will throw up many challenges. Nitin Gadkari, former BJP president, is quoted by NDTV Profit saying that they’re considering… Continue reading "Imagine no taxes"
Have we tamed the animal that is the rupee-dollar exchange rate? The arrival of a new RBI governor seems to have clicked with the markets – stocks are up to… Continue reading "Riding the rupee tiger"
It is best to leave the rupee to go where it has to go, and take steps that address the problem, not the symptom. Freedom is a wonderful thing. In… Continue reading "The (wrong) battle for the rupee"
India has not created any exit policies for the stimulus packages it initiated during a crisis. We are addicted. We are on steroids. We are now going to face the… Continue reading "Keep the steroids, or else…"
The security theatre of Know Your Customer requirements for financial transactions harasses honest citizens while money launderers still thrive. Opening a bank account, investing in a mutual fund, opening a… Continue reading "Don’t know your customer"
RBI performs many functions that are at odds with it being a bank regulator The Reserve Bank of India (RBI) has been a regulator of acclaim, and as regulators all… Continue reading "Cut up the RBI"