July 24, 2014 10:11 IST India’s policy and structural deficit has narrowed at the fastest pace in UPA-II’s rule compared to a 10-year average, new data showed Friday

The fiscal deficit has now shrunk to 3.3 per cent of GDP from 3.8 per cent in the previous 10-year period. The economy had experienced a cycle of fiscal consolidation when currency grew at circles per annum, when corporate earnings growth receded while corporate taxes jumped, and when the central government borrowed heavily to support… Continue reading July 24, 2014 10:11 IST

India’s policy and structural deficit has narrowed at the fastest pace in UPA-II’s rule compared to a 10-year average, new data showed Friday

Support from food and liquor stores drops sharply due to retail tax increase The slowdown in consumer spending means that food and liquor stores that can already afford to pass along additional taxes to shoppers have fewer resources to offer the extended goodwill, too

I imagine most food and liquor stores would like to increase their prices to tide customers over while the uncertainty lingers, and I expect the same business motivation will play in stores across the state. But that’s not a long term solution for a business that can’t afford to add new labor and stocking to… Continue reading Support from food and liquor stores drops sharply due to retail tax increase

The slowdown in consumer spending means that food and liquor stores that can already afford to pass along additional taxes to shoppers have fewer resources to offer the extended goodwill, too

An Introduction to the Basic Principles of Historical Materialism BRAIN TODAY AND FUTURE DREAMS is an original style method of presenting and guiding the student in the study of Marx, Engels and their materialist heirs

Like so many other philosophically pseudo-scientific ways of tackling philosophy, BIOD’s author, William D. Bannister, has managed to addict his prose readers to the open-ended rambling of his words, which leaves one more confused than when the author started. But, despite this, the book is well worth trying because it, at least, can be said… Continue reading An Introduction to the Basic Principles

of Historical Materialism

BRAIN TODAY AND FUTURE DREAMS is an original style method of presenting and guiding the student in the study of Marx, Engels and their materialist heirs

Just back from the U

S., where I promised the minister that I would “do a U.S. tour” this the Conservative Political Action Conference. There were a lot of people in the audience who knew me. Most of them weren’t surprised to see me because some of my good buddies from South Africa were good friends there. A couple that… Continue reading Just back from the U