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Chaos
When it comes to lobbying in the US, Indian-Americans are not Jewish Americans
India tried to build an Israel-style lobby in Washington, DC. But money, race and ideology have kept Indian-Americans from becoming a political force.
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Economy
What does the RBI’s new rule mean for corporate acquisitions?
Indian banks have been allowed to fund M&As, but the framework will matter as much as the opportunity.
Business
RBI’s rate cuts fail to arrest India’s economic decline
Despite the go-go narrative, it is clear that the country’s economic growth is in a funk. What’s more, history shows that further interest rate cuts to fuel stalled growth will be as futile as flogging a dead horse.
Economy
L&T chairman is right about labour availability, but not about its exact reasons
Last week, Larsen & Toubro chairman S. N. Subrahmanyan blamed welfare schemes for unavailability of labour. There are other factors in play too.