governance, political economy, institutional development and economic regulation
The normally low-profile Tata group high-rolled their way into London earlier this week, signing letters of intent to purchase 470 commercial aircraft from Boeing and Airbus. Both manufacturers together booked only 1,622 orders for commercial aircraft last year. The Air India order is 29 per cent of last year’s booking — an outsize investment given […]
Read More Air India- The “maharaja” turns high rollerThe Union Finance Secretary dismissed l’affair Adani as a storm in a teacup. He is right of course. The personal misfortunes of the Adani family are unlikely to shake the financial stability of India. But it is a rather large teacup, even post denouement, valued at US$60 billion. If the “teacups” of all of India’s […]
Read More The Downside of Systematically Important BillionairesOur garden is full of goodies come and get what you need. This is what Finance Minister Sitharaman conveyed to the people (and voters) of India in her 2023-24 budget speech. Adding to the ever deepening gift bag that the Modi administration has held out to voters since 2015, the budget not only slashed income […]
Read More Budget Bounties 2023-24
Opinion India 