Jet Airways’ Banks May Need To Swallow A 75% Haircut On Their Loans

This sounds a little extraordinary, that the varied lenders to Jet Airways will need to swallow a 75% haircut on the loans they made to the company. It's not on a trivial sum either, Rs 14,000 crore is mentioned...

Maybe India’s Right – RBI States Cryptocurrency Adds Nothing To The Economy

This new document from the Reserve Bank of India is less than an outright condemnation of cryptocurrency even while it points to officialdom thinking that way. Other actions also rather show the official disapproval of the new technology. And...

India’s Jet Airways Suspends Operations – This Is Why We Need Capital And Capitalists

India's Jet Airways has been in trouble for months now. They've been losing money and banks won't lend any more - sensibly enough, it's a money pit. All of which is a useful lesson in why we need capital...

Apple To Make iPhones In India – Won’t Make Much Difference To Be Honest

Apple and Foxconn are getting together to fulfill one of the dearest wishes of Modi's government in India - they're going to start manufacturing up to date iPhones in the country. That this announcement comes at the beginning of...

Of Course India Should Have Sold ONGC’s Oil And Gas Fields To Foreigners

There are those who insist that a national government must own the company which extracts natural resources from the territory of that country. This is not so - for the government already owns the natural resources themselves. There is...

India Should Preserve Forest Animals Or Forest Peoples?

It's easy enough to just confirm priors here over whether India should be preserving forest dwelling peoples or forest dwelling animals. Unfortunately, such knee jerk prejudices don't really give us all that good a guide to what we should...

India Raises Sugar Prices To Correct Problems With Earlier Government Mistake

India has just raised the minimum selling price for sugar in a bid to undo the problems caused by an earlier decision by the very same Indian government. This isn't really quite the way to do it - better...

A Bad Mistake, India Moots Raising National Minimum Wage – It’s Too High Already

It's not surprising that this is happening, India mooting a rise in the national minimum wage. There is, after all, an election in the offing. Just when we would expect crowd pleasing but bad ideas to surface. The problem...

Nasa And India Confirm The Environmental Kuznets Curve As World Greens

A standard finding in economics has just been confirmed by Nasa - the world greens as it gets richer. The latest studies show that the world is indeed getting greener and that it's India and China leading the way....

India’s Unemployment Crisis – The Post-Graduate Delivering Food

We've a cry that really, something must be done about employment in India. The government must get on with creating jobs for there's this disturbing incident of a graduate delivering food as a side gig - or even his...

MOST COMMENTED

The Greenies Have It In For Glyphosate – Now It’s In...

It rather looks like we've a coordinated move against the use of glyphosate, the ubiquitous weedkiller. Just yesterday we spotted a story from India....