President Barak Obama’s intervention in the ongoing debate on the pace of reforms in India is unlikely to help the US big business achieve its objectives. It will at once create problems for Prime Minister Manmohan Singh in forging a political consensus around such initiatives as opening the pension sector and permitting FDI in multi-brand retail. Read more

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It’s always a pleasure to see the Treasury and the Opposition lock horns over issues in Parliament. One saw it happening in the Rajya Sabha over the Aircel-Maxis case in which allegations have been leveled against the son of Home Minister P Chidambaram. Read more

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Prime Minister Manmohan Singh direly needed a fresh coat of Teflon amid a plethora of scams haunting his government. On Monday, he sought to acquire one with some political finesse and an air of conviction so typical of him. Read more

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