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The mobilisation of nationwide opinion against the "scam a day" kind of corruption is a great feat, but to think of it as a solution, actual or potential, is to trivialise the issue. The rising...
The experience of the sub-prime crisis has underlined the virtues of caution in banking sector liberalisation. It has brought home the necessity of balancing efficiency and stability in banking...
It was heartening to witness dalits in Saurashtra, deprived of the use of land that was de jure theirs, marching to take possession of it. One was reminded of an event in Mahad on 20 March 1927 when...
Following the reiteration in the Union Budget of the decision of the government and the central bank to issue new bank licences, the union cabinet has approved certain amendments to the Banking...
With the arrest of Sudhir Dhawale, the well-known dalit social activist and editor of Vidrohi, another Binayak Sen has emerged, charged with sedition and declaring war against the Indian state.
An ideal system of global liquidity for the official sector is one which both lubricates international commerce with low risk while facilitating the smooth adjustment of global imbalances when these...
Rich and powerful "fraudsters" like Satyam's Ramalinga Raju will get away; the down and out like Satyam Babu, a poor dalit wrongly convicted for a murder he did not commit, will rot in jail. Caste...
One cannot argue that the high unemployment today in the advanced economies calls for a Keynesian solution. Unlike the 1930s, which were characterised by high unemployment and large savings, it is...
In the 1880s, in colonial India a Faizabad court disallowed the building of a Ram temple on the Ram chabutara, but now, a high court in independent India, swearing by the lofty ideals of the...

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