IBC unravelled

The IBC may not work because the tribunal at the apex of the resolution architecture has chosen to reinterpret the code in a manner that can make it d

C.P. Chandrasekhar

Dangers of ‘Libra’

Facebook’s plan to launch a cryptocurrency in 2020 raises questions about the company’s motives and the lack of regulatory control.

C.P. Chandrasekhar

Towards a meltdown

Close on the heels of the IL&FS crash in 2018, Dewan Housing Finance Limited “delays payment” on a Rs.1,000 crore debt, signalling a second major cris

C.P. Chandrasekhar

Looming economic war

In the U.S.-China tariff war, there is no economic gain to be derived by either side. But the U.S. is pushing ahead by bringing in the national securi

C.P. Chandrasekhar

Belt and road diplomacy

The second Belt and Road Forum reflected the directions in which China wants to take the Belt and Road Initiative in its reformed avatar.

C.P. Chandrasekhar

Blind conservatism

The World Economic Outlook survey admits that global growth has slowed significantly in 2018, while the IMF accepts the need to push for a coordinate

C.P. Chandrasekhar

Market analysts’ day out

Attributing the recent buoyancy in financial markets to investors’ confidence about Narendra Modi’s return to power amounts to propaganda that market

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Housing market mayhem

The decision to do away with input tax credit and reduce GST rates on housing will, it is hoped, bring down real estate prices and resolve the problem

Twisted logic

A research paper arguing for flexible labour regulation fails to stand up to critical evaluation that exposes its agenda and method crafted to suit a

At a rally protesting against the privatisation of Air India in Mumbai on May 1, 2018.

Misplaced disinvestment

The NDA government’s disinvestment programme is turning out to be one in which surpluses are wrung out of public sector enterprises in order to suppor

C.P. Chandrasekhar

Educated young people at an employment mela held at the regional employment exchange in Chennai in 2017.

The failed promise of jobs

The Modi government claims to have moved into the league of the fastest growing economies but it is well short of the target on employment as recent d

A farmer at a protest rally in New Delhi demanding loan waivers. A file picture.

Behind the furore over farm debt

Advocates of neoliberalism who object to the farm loan waiver announced in Chhattisgarh, Madhya Pradesh and Rajasthan on the grounds that it would vio