After relentless pressure from the Opposition, and its own allies like the DMK and the Trinamool Congress, the government has decided against pursuing 100 per cent FDI in multi-brand retail. Economics aside, the politics of the whole incident tells us that the Congress party is afraid. Very afraid that … More »The Big Question: Can the UPA retain power?
Here's a secret that everybody already knows: India is corrupt. Now it gets murkier. What can India do to clean up its sullied image and weed out corruption at the root? More »The Big Question: Can India clean up its image?
The Congress is in a quandary. Its partners in the UPA, the Trianmool Congress and the DMK are asking for a rollback on the cabinet’s decision to allow 100 percent FDI in single-brand retail and 51 percent in multi-brand retail. Is politics getting ahead of economics, and will this decision to allow … More »The Big Question: Is FDI in retail a good idea?