Will NOTA work for India?

“Hi, Mom! What’s for dinner?” That was Teenager, back from his badminton practice at about 8:00 p.m. “Well,” I said enthusiastically, “there’s roti, beans, dal and carrot raita in curd!” That was me, happy and secure in my belief that I’m feeding all the right stuff to my family. “What? Beans? Uuuuuuuuuugggggggggggghhhh. NOONE eats beans,… Continue reading

The Metaphorical Faux Pas of the Central Banker

A one-eyed king in the land of the blind. Uh-oh!

Budget Humour

Should budgets be philosophical or filmy?

Thought for food: Coco(a) Bonds and Dosa Economics!

It’s not the dosa, stupid. It’s the tawa!

A brief history of the Greek crisis: A ppt format

Greek Crisis summarised in a ppt.

Hard targets

Inside the FM’s mind

A new Parliament building, please!

Let’s put nation building on hold. First, the Parliament building, please.

Econ Mom as the Finance Commission, Hubby as the Planning Commission

The topic of pocket money has suddenly become fairly hot in the Phadke household. I am frankly, not too sold out about it. Whenever Lil One needs funds (normally Rs. 10 to buy Lays), I give it to him and that pretty much is that. Since I am the single window for fund disbursal, I… Continue reading

Delhi traffic: At odds and evens

Dunno if Delhi’s pollution will be controlled. But Delhi’s GDP is definitely set to go up as the Government will only allow even-and-odd numbered cars on alternate days. The multiplier effect will now explode, thereby creating jobs, employment, growth, and more number of cars for the Aam Admi, and a seriously good chance of getting… Continue reading

Cop out at COP 21!

Scene again opens in the Opposition Neta’s office, where Netaji is reading the newspaper and is confused with all the reports on Paris. Netaji: Tell me Guptaji, what is this COP 21? Even in the High Command office, they were all discussing this cop. What is the COP 21? It sounds like a new movie with… Continue reading

Pay Commission 007: Bond’s Spectre pales before India’s Spectre!

It’s back! In a richer, more generous, more fiery, more flashy avatar. With more goodies for everyone. No, not James Bond. Pay Commission 007. And it has left the Indian Administrative Services shaken as well as stirred. Decadal corrections have come in, and how! “What took you so long, 007?” Even as the average salaries… Continue reading

Divine Humor: When Deity goes wrong!

Silicon Valley is thrilled to bits and bytes. The Draft Encryption Policy by the Department of Electronics and Information Technology (DEITY) has been nothing less than a godsend for GOD, the Gathering of Developers. Even as the Indian PM goes into the valley to charm the IT honchos, the Deity has already got their attention… Continue reading

US Fed Funds Rate will rise in 2016

It’s status quo. She has not changed the rates. With a growth rate of around 3.5% and better and brighter jobs data, the general expectation in early August was that the Federal Funds rate would be hiked in this policy meeting. However, as China devalued the yuan, global markets went into a major turbulence episode.… Continue reading

PM Modi’s Big Boss House!

September 8, 2015. There was a flurry of activity at 7, Race Course Road. After all, PM Modi had decided to host the Big Boss show in his own house. The who’s who of industry, banks, industry associations, ministries, mutual funds and the RBI would be called in as inmates. The event was bound to… Continue reading

Econ Mom talks Mann ki Baat on Land Ordinance

Lil One has always been good at chess. But this week, his game has suddenly become quite indestructible. I was getting frustrated as he was anticipating almost every move of mine and was giving me a tough match, often winning the board. “Losing to one’s kid is a wonderful feeling!”, my elderly neighbour informed me after she… Continue reading

The Bahubali of a Devaluation!

Dear Reader, The Chinese Yuan was devalued so suddenly, it was almost filmy in its implementation. Here’s my filmy take on a “Bahubali of a Devaluation” that appeared in the Hindu Business Line today under my column “Tweakonomics.” You can also read the column directly at http://www.thehindubusinessline.com/opinion/yuan-a-lens-eye-view/article7583325.ece Enjoy! ——————————————————————————————————- It’s official. So impressed is the… Continue reading

Will the US raise interest rates in September?

No. Based on the volatility we’ve been witnessing in the global markets, it seems unlikely that the Fed will hike interest rates in the September review. One of the external factors that the RBI has been watching closely for taking a call on its own interest rate stance is the behaviour of the US interest… Continue reading

Making the “Most” out of Indian “Post” Office Payment Banks

Today morning, the RBI gave in-principle approvals for payment bank licenses to 11 out of 41 applicants. While there are some big names there such as Reliance Industries, Aditya Birla Nuvo, Vodafone and Airtel, the most humble name in the list was the one with maximum connect to the objective of financial inclusion. Indian Postal… Continue reading

Nursery Rhymes, SDRs and Devaluation of the Yuan

As I came in from my walk yesterday, I saw some little girls playing their usual, chirrupy games… Ring-a Ring-a Roses Pocket full of posies Atishoo! Atishoo! They all fall DOWWWWWNNNNNN!!! There was a great amount of scuffling and giggling to make sure that one sits down before the others. A competitive, let-me-fall-before-you-do game.… Continue reading

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