The glass is more than half-full

Rajiv Kumar on three years of Modi sarkar The Narendra Modi government has completed three rather breathless and turbulent years. So much seems to have changed, or has been in a flux. There is no separate railway budget anymore, with the Union Budget itself having been advanced by a month to February 1. The Reserve Bank of…

Bite the bullet on banks

Recent amendments to the RBI Act have drawn expected flak. The criticism that a central bank is only a regulator, and not responsible for handling a crisis, is patently misplaced. Central banks have led the way for addressing banking sector crisis over time and across countries. The plausible fear is that these measures may draw…

Gold Monetisation – Are we there yet?

There are few countries that are as entranced by gold as India. China recently overtook India as the largest consumer of gold. Turkey, like India, has been a gold consuming country with great success in monetising gold. In India, the introduction of the three gold monetisation schemes was the first step towards gold monetisation and…

Kashmir on the Edge

The game plan of terrorists in Kashmir is crystal clear. They will terrorise the population into submission to their reprehensible programme of creating a Wahhabi society in the state. This should not be allowed at any cost. It will sound the death knell of Kashmiryat as we have known it and also perhaps of Jamhooriyat in the state for…