Previous Issues

Is It the End of Cryptocurrency?

Cover Story

The budget pricks the bubble

Stories in this issue

Is It the End of Cryptocurrency?

“There is nothing so disturbing to one’s well being and judgement as to see a friend get rich” - Charles Kindleberger economic historian The bubble of Bitcoin, like all bubbles, began with this…

The Question of Intervention

THE MALDIVES, A chain of islands in the Indian Ocean, is a country in trouble. President Abdulla Abdulla Yameen Gayoom recently declared a state of emergency for 15 days. Over the next two days, he…

Akshay Kumar: The Makeover Hero

AS ANY GOOD brand manager will tell you, an actor is in need of not just a good script—he also needs an image. An image that through his films, advertisements and public persona, he hopes will stick…

The Undying of the Light

AT THE BASE of Indian philosophy’s superstructure is the negotiation of death. What Buddhists call ‘nibbana’ and Hindus ‘moksha’ is in theory the ability to arrive at a state of death whilst…

The Stock Market Crash Course

NO ONE LIKES taxes, and in a fair world, any tax should be in proportion to what it gets citizens. In Scandinavian countries, taxpayers don’t crib when more than half their income is taken by the…

Pakistan Plays the Rogue Again

WHEN THE 22-year-old Kapil Kundu’s body landed at Delhi Airport on February 5th, the Indian Army’s top brass was there to receive it, as was Defence Minister Nirmala Seetharaman. After a quiet and…

Commanding Heights Again

IF POLITICS IS the art of the possible, then a budget is the art of the feasible. It is where the soaring rhetoric of possibility meets the unpleasant arithmetic of feasibility, and dreams of…

The Perfect Mausi

THIS WEEK MY 22-year-old nephew is starting work as an intern at a think-tank in Delhi. I seem to be the most excited about all this, while he is quite calm. My friends are pulling out all the stops…

Open Diary

I HAVE NEVER BEEN pick- pocketed in a crowded street and I don’t know the feeling of bewilderment and helplessness that immediately follows such an experience. The nearest I have come to helpless…

Hemp: A Different High

ELSTON MENEZES and Benson Martis knew nothing about cannabis or hemp until they had finished their schooling in Kuwait and reached Bengaluru to study in a college there. They were still in their late…