What were the Indian authorities doing all these years, especially when it was well known universally that all was not well within HSBC?
What were the Indian authorities doing all these years, especially when it was well known universally that all was not well within HSBC?
In contrast to the Congress that settles most of its internal quarrels through a reference to the ubiquitous party high command, the BJP has not yet evolved a mechanism to resolve its internal conflict. And that is the crux of the issue, says MR Venkatesh
All charges against Nitin Gadkari and Robert Vadra are being hurled on the basis of documents available in public domain with government authorities. The watchdogs that were supposed to react, act and prevent financial wrongdoings on real time basis have steadfastly done nothing. Their silence is deafening as much as the silence of Gadkari, says M R Venkatesh.
China holds a huge dollar balance arising out of its robust export machinery to the US.
When it comes to fundamental issues involving corporate, corruption or anti money-laundering laws, media is increasingly demonstrating its ignorance.
Neither Obama nor Romney realise that government intervention as it is practiced in the US is not the answer to deliver people out of poverty, writes M R Venkatesh.
For two decades while we continuously talked of infrastructure, power, ports, airports, irrigation, railways, roads, sewer systems, public transport, skill development, education, et all we also realised that our governments has very less vision to structure it, very little political will to carry it and far less managerial band-with to deliver such projects on time, writes M R Venkatesh.
As multilateral negotiations have paused, multi-national corporates have increasingly become aggressive; and our bureaucrats restless.
Inflation in India is indeed a complex subject. Interest rate hike (or cuts) alone are not the solution to tackle inflation, writes M R Venkatesh.
A democratically elected government cannot bulldoze its way through, whatever be the compulsions, writes M R Venkatesh.
As a loyal foot soldier he continues to defend the indefensible.
The sad part is that it is corporate war that is exposing the chink within the system.
Dr Singh, the architect of reforms, has in effect been the architect of this model of economic deforms. Whatever the Finance Minister Dr Singh giveth, the Prime Mnister Dr Singh taketh.
When crony capitalism flourishes, investor sentiment is bound to take a hit.
The experiences of 2G scam have demonstrated that at 65, India can be best described as a Republic without Responsibility; a Democracy without any Duty.
Call it by whatever name, the economic system of modern times favors indiscipline of individuals, societies and governments.
When elections are held, the composition of the UPA may change, yet the UPA could well emerge as a winner. With such a remarkable electoral success it means that a person who has won three consecutive terms will have to be necessarily be our PM, writes M R Venkatesh
The flow of funds to Kalignar TV begins on 23rd December 2008 and goes on till August 2009. The Finance Minister during that time was Pranab Mukherjee - the UPA's candidate for the post of Presidency.
One of the primary contributors for many success stories has been the existence, functioning and domination of castes - yes castes - which urban Indian loves to hate, abuse and ridicule, writes M R Venkatesh.
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