Caste out of class

Among the privileged urban people, it is commonly and passionately believed that reservations based on caste are not fair, and that these should be replaced with affirmative action based on......

'Rukmini Devi was a banyan tree under whom everyon

Rukmini Devi: Destined to danceShanta Dhananjayan was one of Rukmini Devi's favourite students. She joined Kalakshetra when she was eight years old and went on to play memorable roles in Rukmini......

Rupee, inflation, and a BMW

The rupee and a BMW both move fast. So will a rise in the rupee make the BMW move even faster? Just-released data on WPI indicate that for the week ended May 26,year-on-year inflation had dropped......

RBI and the 'dirty trinity'

The "impossible trinity" in monetary policy is achieving three things at the same time: exchange rate stability, free flow of international capital and an autonomous monetary policy (which means......

Civil society: Hidden persuader

It took the Seattle meeting of the World Trade Organisation to demonstrate on the world stage the power of civil society (a grand term for a motley collection of non-governmental......