Lack of liquidity for builders will force real estate prices further down

Realty prices, at last, are on the decline in Mumbai. The global story of meltdown in real estate prices, in general, and residential property prices, in particular, had not affected Mumbai until some time back either because they were artificially kept at such levels or the builder lobby was unwilling to lower the...

The government is generating revenues through coercion – even from honest citizens. A report by Dr Nita Mukherjee

I am not surprised that India has slipped several notches on Transparency International’s ranking of the most corrupt nations. Some people find it strange that it should happen at a time when we have an honest person as the head of government. I don’t. I am pretty certain that...

How the Internet allowed consumer to truly become the king. A new series on consumer rights by Faisal Farooqui

Let me first share my favourite story with you. Once upon a time, in our great country, there dwelt a powerful force called Consumer. This Consumer was so powerful that she was at the source of all power. Whomsoever she looked upon with favourable eyes became prosperous. Whoever she...