T N Ninan: Not always soft

'The two-word answer is: Proper oversight,' says T N Ninan.Illustration: Dominic Xavier/Rediff.com The India of the 1980s and 1990s had many dreams: Private TV by satellite or cable, instead of drab old Doordarshan with its government propaganda; modern corporate hospitals that looked like hotels, just like those in America; world-class highways built by private construction companies and not by the CPWD (central public works department); and efficient, privately-run power stations that would ...

Former RBI Governor Y V Reddy offers a unique perspective of debates within govt

The message from Beijing is clear: acknowledge superior Chinese power, and behave accordingly

The shift from 'one country, one tax' to four tax rates could dilute possible gains on GDP, warns T N Ninan.Illustration: Dominic Xavier/Rediff.com   The introduction of the Goods and Services Tax deserves to go down as the most important tax reform done till date. Everyone who has worked on bringing it about deserves a share of the credit. What remains is to ensure its smooth introduction, and to look back on what might have been -- if all the compromises made to bring it about had not ...

Air India has sunk more money, and will create a bigger hole in the books of lenders than Kingfisher

If Modi wants to be a man of history, he must make hard choices that will pay off down the road, says T N Ninan.Illustration: Uttam Ghosh/Rediff.com Narendra Modi is a polarising figure on whom his critics and admirers would never agree. One set sees him as a communal-minded self-promoter who makes promises that he does not intend to keep, and then over-claims achievements. The other sees him as a man of history who is transforming the Indian economy and society, promoting the civilisational ...

Opposition must start behaving like it believes in the constitutional principles it wants protected

It isn't enough to say the public sector can't deliver, so let the private sector handle it

How exactly things will pan out once GST is in place will be known in the coming months and years