Deepak Shenoy says ‘this is the time to take the gloves off and actively participate in the world markets’ and not regulate more:
This is a tough time for most countries. And at this time, the countries that must help should be the middle east, Japan, China and India - not US/UK. Our dollar reserves are [...]
Archive for October 11th, 2008
Let the dollar go!
Published by October 11th, 2008 in Economy, Regulation and South Asia. 0 CommentsIs Capitalism dead?
Published by October 11th, 2008 in Capitalism, Economy, India and Regulation. 0 CommentsRay Titus believes the economic left should hold its horses:
Just finished watching the ‘Big Fight’ on NDTV, where the discussion centred on whether Capitalism would survive. I am shocked at the prescription put forward by the few corporate honchos and leftist economists on the discussion forum. They seem to advocate ‘regulated deregulation’!
MM Lee was right, of course. India has to urbanise to make greater progress.
But the Indian farmers who refuse to give up their land – and thwarted plans to build the world’s cheapest car in West Bengal — know one thing. As long as they have their land, their fate depends on the weather and [...]
Balbir Singh, on the other hand, is optimistic:
Looking at the stock market, this is the third slump I’ve seen and been bitten by, the other two were
Harshad Mehta’s stock scam (I was very small/young then, but I understood what was going on)
2001 recession
History has taught me to be optimistic and know that we will come [...]
Sriram Vadlamani can ’sense that something is seriously wrong’:
I am sick and tired of our financial minister and every other bureaucrat parroting the same words. “The fundamentals of the economy are strong”. Which raises doubts about believing those 7 words. Why is the Sensex and nifty tanking so much if the fundamentals are strong? Why [...]
Open letter from PEN
Published by October 11th, 2008 in Politics, Religion and Secularism. 0 CommentsAt Space Bar’s blog, an Open Letter from PEN expressing ‘anguish and outrage at the continuing brutalities visited upon Christian communities and places of worship in Orissa and Karnataka, and elsewhere’ and an appeal addressed loosely to the central government:
We call upon the Indian Government to ensure that hate speech is outlawed from the domain [...]
Subhash has an interesting incident to tell on how we Indians grew up from a bunch of labourers to millionaires.
As soon as the son ( some 6 years old ) saw this , he asked his father “Appa (Father) , What is this ? “. The father , an illiterate , who was badly drunk [...]
‘Are we anywhere close to that vision?’ Geet checks:
At a different metro station, a friend was harrassed because she was carrying a jar of chemical solution for a Chemistry experiment at college. The jar and the solution were handled in such a way that more than half of it landed on my friend’s face and [...]
Marina Antunes likes it because it’s ‘one of those films that simply won’t leave my mind’:
Though Mehta has never made “big” films, this feels much more intimate than her previous works. Perhaps it’s the small scale of the story or the location but there’s something very personal about this story of survival. The fantasy aspect [...]
Varna analyses the proposed Maharashtra government legislation granting pecuniary rights to women in ‘live-in’ relationships:
Never mind that it is revolting that a women should be entitled to spousal support only if she is a spouse - or if she fits into the law-made definition of a ’spouse’. Never mind that the idea of a woman [...]
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