The wealthy hate currency depreciation but not austerity and unemployment
Sidharth As the Rupee slides from about ₹88 per U.S. Dollar to around ₹89.62 per U.S.…
Read MoreNo, you are not ‘investing’, you are likely speculating in shares.
In today’s blog, I will explain how you are not helping in nation building by…
Read MoreSpending creates income
The Union Cabinet recently approved the Terms of Reference (ToR) of the Eighth Central Pay…
Read MoreOn EPF/EPS ‘reform’
Recently the Government of India announced ‘reforms’ to the Employees’ Provident Fund/ Employees’ Pension Scheme.…
Read MoreCity building games show that most people don’t understand how money works
I like playing city building games, one of my favourites is City Skylines I, the…
Read MoreWhy you shouldn’t expect too much from the GST Cut.
As GST Council approves the new GST regime, there has been much over-enthusiasm from the…
Read MoreA Full Sovereignty Approach to Trump’s Tariffs on India
The Trump administration’s 50% tariffs on India have gone into effect today, 27th August 2025.…
Read MorePossible GST cut is great news, but it will not be very effective, maybe even bad if ‘paid for’ by cuts elsewhere
On August 15, 2025, Prime Minister Modi announced a sweeping “next-generation” GST reform as a…
Read MoreWhy Current and Trade deficits are not a good measure of external vulnerability
Indian media, both ‘mainstream’ and ‘independent’ outlets, tend to report every change in the trade…
Read MoreMy view on India’s 1991 Financial Crisis, why fixed exchange rates are bad and stabilising prices of essentials
In mid-1991, India’s foreign-exchange reserves had plunged to roughly US $1 billion, barely enough to…
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