Readers’ comments: ‘Demonetisation does not seem to have been a fruitful exercise’

Black money gamble The government is illogically trying to crackdown on ill-gotten wealth which has existed since time immemorial and will continue to do so, no matter how complicated our laws and systems get (“Suspicious banking transactions rose by three lakh in 2016-17, says RBI report”). It is the inherent […]

those charts show how extremely good Leicester city’s season has been

last year on may additionally 2, Leicester town defeated Newcastle United to win handiest their ninthrecreation of the 2014-15 most efficient League season. In chance of dealing with relegation, they strungcollectively seven wins in their remaining 9 video games to finish the season in 14th position with 41points. West Ham […]

Counterpoint: Modi’s foreign policy has been exceptionally successful

Girish Shahane’s argument that the prime minister has built upon predecessors’ successes is blinkered. Image credit: AFP I thank Girish Shahane for the competent critique of my article on Prime Minister Narendra Modi’s Foreign Policy in 2015. Although he makes several useful points, a deeper examination would reveal that barring Pakistan […]

How Raghuram Rajan and Jaitley have been working to ensure that rate cuts don’t go wasted

Image credit: Nicholas Kamm/AFP The lay observer wouldn’t be faulted for thinking more than half of all stories in the pink papers are about the Reserve Bank of India’s interest rates: Businessmen (and the finance minister) demanding cheaper rates, economists arguing that this will cause inflation and analysts hedging. The Economic […]