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Debashis Basu

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Heavy rains disrupt Durga Puja preparations in Kolkata

The heavy overnight rain in Kolkata forced Durga Puja organisers to defer the inauguration of the idols as the calamities wreaked serious damage to marquees that are complete or nearly so, and......

How Will Trump's Tariff Threat Affect India?

Unless something changes, Mr Trump is a huge threat right now, which is perhaps not being recognised fully, cautions Debashis Basu. IMAGE: US President Donald Trump speaks at the US department of......

Will India CHANGE In Modi 3.0?

The climate for 'doing business' remains forbidding, taxtortion is still rife, corruption at state and district levels has increased, oil prices remain extortive with high taxation, and the......

Electoral Bonds: The Quid Pro Quo Factor

Which entrepreneur would willingly part with her or his hard-earned money for grasping, self-serving politicians? asks Debashis Basu. Illustration: Uttam Ghosh/Rediff.com The State Bank of India......

Taxtortion Is Here To Stay!

If you think that revenue officials are going berserk, acting on their own, while the government chants the mantra of 'ease of doing business', you would be wrong.These moves appear to have full......

Will AI Mania Provoke Market Meltdown?

'The danger is that when the music stops, the fall will be sudden, faster, and deeper than anyone expects,' warns Debashis Basu. Illustration: Dominic Xavier/Rediff   America's stock market,......

Will GST 2.0 Fix Deeper Weaknesses?

GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.......

Shortcuts Won't Build Industrial Capability

Any industrial policy is only as good as how it is applied and the other reforms that support it.This was as true 40 years ago as it is now, points out Debashis Basu. Photograph: Babu/Reuters  ......

Can Modiji Fix The Economy's Problems?

'If weak indicators persist, there is a risk that India could slip into a prolonged slowdown similar to the one experienced between 2014 and 2019,' warns Debashis Basu. IMAGE: Prime Minister......

How To Curb Speculation In F&Os

'Sebi had no problem with derivatives until trading exploded after Covid.''But now, having built a dangerous road, from which different entities, mainly governments, are extracting a heavy toll,......

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