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UK's richest 10% took half of wealth from India during colonialism

The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to......

'Dr Singh Didn't Take Orders From Sonia Gandhi'

'Mrs Gandhi had nothing to do in the day-to-day working of Dr Singh's government.''People say Mrs Gandhi's office used to give orders, which is nonsense.' Prithviraj Chavan, who served as a......

There will be no winner: Xi's warning to Trump

Gearing up for Trump 2.0 era, Chinese President Xi Jinping on Tuesday cautioned there will be no winner in a tariff or tech wars between China and the United States and vowed that Beijing would......

Where Would India Be Without Dr Singh?

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister......

'Who Does Not Want To Be Prime Minister?'

'We are going to need more technical people in government.''You can't expect a generalist to understand the complicated world of financial engineering.''I regret to say that most of our politicians......

Why gold import computation went wrong

The government's initiative to migrate SEZ data from NSDL software to ICEGATE system for streamlined reporting of import data caused double counting of gold imports, resulting in inflated figures......

Sitharaman turns middle class hero with tax cuts, reforms

Finance Minister Nirmala Sitharaman on Saturday announced significant income tax cuts for the middle class and unveiled a blueprint for next generation reforms as she looked to shore up a slowing......

5% Reduction in Tax Can Stimulate Spending

While this will incur a revenue loss amounting to 0.2 per cent of GDP, it will provide a strong boost to consumer sentiment and spending, points out Rajani Sinha. Illustration: Dominic......

Rupee Slide: Tough Times For Overseas Corporate Debt

Raising overseas debt has become prohibitively expensive due to the depreciating rupee. Photograph: Kind courtesy Jatinder Jeetu/Pixabay Indian companies' foreign borrowings plunged 20.2 per cent......

What Will FM's Budget Speech Focus On?

The finance minister, in her Budget speech, should focus more on what she is directly responsible for, rather than on programmes where her role is largely supportive, notes Nitin Desai. IMAGE:......

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