June 2016

After Raghuram Rajan: Challenges for the Next RBI Governor

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By now everything that had to be said about Rexit has been said. Now that RBI Governor Raghuram Rajan has finally decided to return to his academic perch at University of Chicago’s Booth School of Business, the big question to answer is not why the Modi government didn’t move the extra mile to retain him […..]

France’s football challenge

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When its France, the temptation to quote grand history can’t be too far behind. Even if its just football! As Romania’s prime minister Dacian Ciolos attended his national football team’s practise session at the Stade de Francia, before their Euro Cup opener against the France, a UEFA reporter quoted Napolean’s famous quip on underdogs: “”Every […..]

If Punjab goes out of ‘Udta Punjab’ will India go out of ‘Mother India’?

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Trust the Censor Board (technically the Central Board of Film Certification) to create yet another ridiculous controversy. Months after it tried to create a more sanskari James Bond through silly cuts of kissing scenes in the 007 film Spectre, the Pahlaj Nihalani-led Censor Board is now being absurd in its insistence on asking for the […..]

Before the pharaohs

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It often takes outsiders to shake things up. Indian cricket’s first match-fixing scandal, which broke in 1997, was exposed not by sports reporters but by political journalists who wrote the first big cover story on crooked players. In much the same way, a new study funded by an IIT Kharagpur grant which brought together a […..]

Modi’s whirlwind diplomacy and why his 41st foreign trip matters

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A month after he inaugurated the Chabahar Port in Iran, Prime Minister Narendra Modi is off to another whirlwind foreign tour, his 41st since taking office in May 2014. Starting today, where the Prime Minister’s day includes breakfast in Delhi, lunch in Herat and dinner in Doha, he will be visiting 5 countries in 6 […..]

5 reasons why Subramanian Swamy is wrong about Raghuram Rajan

India's Prime Minister Narendra Modi gestures to Reserve Bank of India (RBI) Governor Raghuram Rajan at an event on financial inclusion in Mumbai

So the prime minister is “proud” of Reserve Bank of India governor Raghuram Rajan and it is “more likely” that his 3-year term will be renewed when it expires in September: if the high-level source who briefed Reuters for its interestingly timed story titled “Raghuram Rajan wins over PM trust despite broad mistrust” is correct. […..]