Modi-Trump Washington meet: In the shadow of reciprocal tariffs

This Opinion piece was first published in the Quint February 14, 2025 https://www.thequint.com/opinion/modi-trump-meeting-washington-reciprocal-tariffs-implications-for-india The recent Narendra Modi-Donald Trump meeting in Washington was overshadowed by the US President, who, just hours before, upended global trading arrangements in favour of the US, by establishing the principle of reciprocity as the foundation of trade relationships. Based on the […]

Space Spectrum Tussle and consumer Benefits

Space spectrum is in the news and not just because of Boeing’s woes – first a faulty Starliner launch, abandoning NASA astronauts at the International Space Station and now, a satellite exploding in orbit, outing services globally. Nearer home, India takes tentative steps to complement terrestrial spectrum services with direct to phone satellite services while […]

The Jagdales of Bengaluru Export Amrut Mania

The impossible export dream If carrying coal to Newcastle is folly, imagine selling premium Indian Single Malt whiskey in the UK, Europe, Canada, the United States and eventually in forty-four countries. This is the story of an intrepid Bengaluru business family, and their trusted employee Ashok Chokalingam who achieved the impossible. Their low-key lifestyle, punishing […]

A capitalist’s lament

Book Review: What went wrong with capitalism. Ruchir Sharma. Allen Lane 2024. This book is about an early love of the author– capitalism- and why it lost its magical efficiency by feeding voraciously on “easy money” willingly generated by governments and central banks to safeguard growth. Contemporary observers would shrug and say what is new? […]

Cyborg Workplaces

BOOK REVIEW Work 3.0 By Avik Chanda and Siddhartha Bandyopadhyay Penguin Business 2023 466 pages Rs 524 The central concern of the authors is how to retain human-centric workplaces in the face of the expected tech onslaught increasingly making machines central to the design, implementation and monitoring of most functional tasks catering to human needs. […]

Indian Economy: Reading the Tea Leaves

In India, the Union government takes on a much broader fiscal mandate than is necessary. Some of this is driven by the constitutional allocation of tax mandates, which favor tax flows to the Union government. Nearly 20 per cent, on an average, of a state government’s revenue flows in a “waterfall arrangement” from the Centre […]

The Downside of Systematically Important Billionaires

The 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 […]

Saving Asia from Stalling Growth

Book Review The Connections World: The future of Asian Capitalism Author: Simon Commander & Saul Estrin Publisher: Cambridge University Press Pages: 253 Price: £74.99 The “Asia” that this book addresses spreads northwards across the Pacific Ocean from Indonesia till the borders of China, North Korea and Japan and westwards to Pakistan on the Indian Ocean, […]

Indian Economy between A Rock and A Hard space

Growth is slowing in India. In July to September this year there were six major economies- Malaysia, Greece, Philippines, Israel, Colombia, Argentina (The Economist December 1) with growth higher than the 6.3 percent India achieved in the April to September quarter of this fiscal. Growth by year end is unlikely to be vastly different. Is […]

When McKinsey Comes To Town- Book Review

McKinsey, the storied global management consulting firm, will be celebrating its centenary in 2026. Walt Bogdanich and Michael Forsythe, both journalists with the New York Times, use their considerable investigative skills, to craft an evidenced, albeit selectively curated, assault to expose the rot behind McKinsey’s public image. It makes for a riveting read but fails […]

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