Manmohan Singh starts reversing a few tax policies of Pranab Mukherjee, while Congress not sure what to say ..

This budget had a big shock for a number of investors in the country, with the budget bringing in a measure to reverse the Supreme Court judgment that exonerated Vodafone from having to pay tax on its purchase of a telecom company. Now, technically, this was not a reversal of the Supreme Court judgment since […]

Pranab Mukherjee steps down as Finance Minister, Manmohan Singh takes over – will things improve?

The Indian Government has a couple of standard responses when faced with any criticism regarding a slow-down or policy paralysis; with the same response being repeated when faced with downgrade threats from international credit rating agencies. These responses are either: “There is no policy paralysis”, “We are slightly down because of Greece, but be thankful […]

The entire drama about the Presidential election – Mamta, Mulayam, and Pranab Mukherjee

The last few days have been the most complicated in the political arena for some time. A day that was a shocker for the Congress turned into a shocker for Mamta Banerjee by the end of the next day, and the BJP was not involved in any of this drama, almost like an afterthought; and […]