Make the Union Budget credible again

Finance high table – not a man’s world anymore There is a heady feeling to being India’s finance minister. Finance is fungible, unlike other factors of production — including the ubiquitous “ahlu” in North Indian cuisine — which gives it the centrality others lack. FM as Magic Maker This unique status of the FM also […]

Read More Make the Union Budget credible again

The empty canopy at India gate

Just east of India Gate –where, under the arch, an everlasting flame flickers in remembrance of martyrs – is an empty canopy built along with the rest of colonial New Delhi in the 1930s. This once housed a statue of George V – King of England when the shifting of the capital from Calcutta to […]

Read More The empty canopy at India gate

Das – the new Raja of Mint Street

Babus are hugely upset, understandably so, at the less than laudatory media coverage of Shaktikanta Das, an IAS officer of the Tamil Nadu cadre who had retired as secretary, economic affairs, in the finance ministry and was appointed the 25th governor of the Reserve Bank of India last week. The first two governors of the […]

Read More Das – the new Raja of Mint Street