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October 1929: Traders rushing in Wall Street as the New York Stock Exchange crashed, sparking a run on banks that spread across the country. October 1929 was the beginning of the 1929 Stock Market Crash.

Ruchir Sharma’s analysis of capitalism’s flaws overlooks political solutions

While Sharma’s economic diagnosis is sharp, he misses the mark by ignoring the political dimensions necessary to resolve capitalism’s global crisis.
Sukumar Muralidharan
A food stall in Mumbai advertises the use of digital payment systems.

Indian economy’s ‘K-shaped’ recovery shows the rich are thriving, while the poor struggle

The Modi government’s claims of a new growth momentum are contradicted by rising inequality and stagnant living standards for the majority.
Sukumar Muralidharan
Prime Minister Narendra Modi at an election rally in Churu, Rajasthan, on February 26, 2019., hours after reports came in of IAF fighter jets destroying terror camps across the border in Pakistan. The country, he said, was safe in his hands.

That bedrock of feelings: Review of ‘Politics, Ethics and Emotions in New India’ by Ajay Gudavarthy

New India, this book says, is a mixture of immiscible opposites achieved through an emotional churn.
Sukumar Muralidharan
Gautam Adani.

End of a roll: The curious rise and fall of Adani stocks

The manufactured anger against Hindenburg for revelations about Adani share prices is quite strange.
Sukumar Muralidharan
Bihar Chief Minister Nitish Kumar responding to the opposition on the Chhapra hooch tragedy in the Assembly in Patna on December 14.

Bihar, Nitish Kumar, and the prohibition debate

Curtailing basic liberties on a presumption that individuals tend to abuse them is self-defeating.
Sukumar Muralidharan
About a month after the BJP government revoked the special status granted to Jammu and Kashmir under the Constitution, CRPF personnel patrolling a deserted street in Srinagar, in September 2019.  

How the vision of ‘One Nation’ suppresses alternative voices

The unity of the nation is now identified with the internal cohesion of the ruling party.
Sukumar Muralidharan
Sumitra Das inside her kirana shop in Talit Daspara, Bardhaman, West Bengal, which she had to shut down as she could not afford to buy the stock anymore. From the last quarter of 2021 onwards, there has been a visible slump in the rural demand for both durables and items of mass consumption.

Expert Explains: What’s the remedy against rising inflation?

Growth is not the panacea it is held out to be because the truth is a severely skewed distribution of wealth and resources is counteracting all growth
Sukumar Muralidharan
Mukesh Ambani, chairman and managing director, Reliance Industries

How India’s telecom giants fight for market supremacy

Even as millions of subscribers bear the brunt of the extreme measures they have adopted to protect market share.
SUKUMAR MURALIDHARAN
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