C.P. Chandrasekhar

The road to dominance

Reliance’s success in areas such as telecommunications and retail is the result of aggressive investment and predatory pricing, facilitated by capital

FL31RITESHAGARWAL

C.P. Chandrasekhar

OYO & the valuation game

As the cracks in the business model employed by the budget hotel aggregator OYO are becoming apparent, both disgruntledhoteliers and investors are que

C.P. Chandrasekhar

A self-made fiscal trap

The government’s obsession with the fiscal defict results in reduced public spending and demand and consequently lower tax revenues.

C.P. Chandrasekhar

End of free trade myth

The collapse of the WTO’s dispute settlement mechanism seems imminent and challenges the very basis of the so-called post-WTO freer trade order.

C.P. Chandrasekhar

The descent ahead

The government’s obsession with the fiscal deficit may see it tightening expenditure, which could end in a descent into recession.

Economic Perspectives

In dire straits

The recent Supreme Court judgment on what constitutes revenue in the telecom industry has thrown the latter into disarray and put the government in a

C.P. Chandrasekhar

Economic Perspectives

Liquidity conundrum

Finance flowing to business from bank and non-bank sources has fallen considerably in recent months, besides not flowing to where it is needed most, a

C.P. Chandrasekhar

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Federal Reserve Chairman Jerome Powell at a news conference on September 18, the day the Fed cut interest rates for the second time since late July.

A spike and jitters

A spike in the U.S. repo rate results in aggressive intervention by the Federal Reserve in money markets, but that may not be enough to soothe market

Dangerous drift

The Indian government is not clear on what it expects to gain from joining the RCEP Agreement that is likely to include the ASEAN countries and their

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Big banks not a solution

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Spectre of recession

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When pessimism rules

The government’s focus is not on economic revival that leads to legitimacy but on quelling dissent that loss of legitimacy leads to.