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Gas is the way forward The star of Spencers is no more Reliance’s TV – 18 ready to launch Tamil News Channel Colour-Chem’s colourful KRVS Recognition to role of NBFCs.... R Sridhar steps down as CEO of Shriram Capital Adapt Vajpayee dinner diplomacy Maximising the micro pricing … When the President was rendered homeless… Which side are you, Montek? Russi Mody – a tribute A rich pool of talent not utilised…. Increasing non co-operation of state leaders The few handicaps... Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Insurance companies bleeding, yet no decision on increasing FDI limit! More Shakti to resource mobilisation... Discoms deserve better… Streamlining mandatory third party cover CIPET hqrs to stay at Guindy – for the present? Protest masters... TELANGANA at last…BUT A think tank for Chennai Modi storms Silicon Valley Preserving for the future L&T: focus on infrastructure and more infrastructure… Pharma – overdose of copying Airlines in India: cost and space Five star activism stalls development activity Revving up the manufacturing sector Roaring Ro-Ro facility London, London Narayan Delhi Chalo... Breaththrough in malaria control Welcome changes that testify to Jayalalithaa’s return to health When Ratan Tata visited SRM Excel Generators provide the vital back-up Build close rapport with business leaders SoA @ 80 An inexplicable neglect When small is no larger beautiful.. Welcome focus on core competence Quality silica from Neyveli Cement prices continue to rise… Not just in-laws (and outlaws); they’ve renowned academics at the helm! Infrastructure funding – lessons learnt The Ports’ Pasha expands into Tamil Nadu Funding the un-funded Eternal support for capitalisation of PS banks Limit foreign borrowings to hi-tech, export potential projects... Lalu’s envy, India’s pride Padma Bhushan for A Ramakrishna Paytm karo... Building loyalty through the stomach PPP mode for upgrading Corporation Hospitals Welcome thrust on trade in Modi’s foreign visits... Come elections, come advertisements... Land reclamation from sea appears cheaper! A yen for wastage… Parliament in paralysis... Engineering seats go abegging Noble nonagenarians... Fortune for Indian Airlines Online not in line with brick and mortar businesses... Things happen by accident and not by design... Small units prefers to remain small... An enemy’s enemy is a friend Like Hinduism: many paths to reach God... Contrarian cousins Whistle-Stop Tour of Raghuram Rajan Robber barons everywhere Cleaning Ganga – relocate tanneries and install electric crematoria TN – agglomerate land holdings without alienating ownership Align crops to agro climate endowments… Put expensive assets created to use... A welcome initiative by the judiciary Rahman at CIC Banning booze... TGS- The king storyteller Solar, solar everywhere … Diamond jubilee of Egmore Samskrt School CII projects higher growth… Focus on quality of power - its only around 170-180V Sri Lanka votes for change More tributes to GR Intellectual of rare qualities Mersal magnified Shipping woes of Chennai companies …and of a popular trade leader When TN politicians can emulate Kerala's Tribute Lesson from Chandrababu Naidu Don’t seem to feel the pulse… TN accounts for the largest recruits by the IT sector An informal presentation - analytical, forward locking... Scientists urged to take up farmer-oriented research Tihar, Puzhal not different from Parappana Agrahara A C Muthiah – his munificent bequeaths to science Wise Presidents Mu Sigma – is no more CRS, a jewel among managers, is no more. Tough task taking states together Vibrant Gujarat West Bengal: mindless malignancy Valli, they are more marginalised Fortune 500 review Sweet news for TN sugar mills A friendly business group The ‘Ayyo-yes’ is no more Naidu will soon build a new Hyderabad Tribute – M V Murugappan Delhi returns to BJP Wanted: a second airport for Chennai Plummeting profits of PSBs Poor representation for Kerala and TN in Cabinet Should we change the official year? IPL - no surprise this scam China invests in India CSR and CMI: promise of another Srinivasan Ramanujan... A glass full of corruption Shanti and Sadhana through Music Strengthen the base... Air Asia India will set new benchmarks for budget travel New IT products of Ramco in the pipeline… Cutting the nose to spite the face The Swadeshi Trump Secularism and anti-Hinduism TN-leverage strength of BHEL, NLC... Modi and the lady Return to king coal for urea... Fuel for thought Liberal imports idling indigenous capacities Readers' Mail Making ‘my Amaravati’... The rise and rise of KCP Where a state respects its litterateurs… S Ramanathan – a versatile musician, musicologist Revive development banks... GNS - 100: our first subscriber Convulsions in The Hindu Remembering Indira Sivasailam... WTO Meet: resolved to meet again Make standards certification mandatory... Shale gas and its shallow future Multi-faceted Venkat Delhi is distant… Godspeed, Chief Minister JJ Tatas moving out of urea production... Tatas moving out of urea production... MHC should not return to its old indisciplined ways Haul over the coal Silver Years of Madras Musings Measuring roof tops in terms of KW/MW Kudos to NDTV... Naidu’s return augurs well for Seemandhra Permanent secretariat for TN GIM Poor quality of university VCs No engine for this car There was flood of milk. Reason: no milk commissioner! The sea- saw battle continues... Welcome GST EEC at the National Media Centre Why this malaise in medical education? Odisha: spectacular win by Naveen Patnaik Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Quality education through the PPP mode This scant respect for Law More Shakthi to Das’ elbow Towards speedy justice A professional at the helm of IRDA... Solar thermal shines… Auto components surge… Telangana in top gear… Fall in crude prices help in oil sector reform Polls and promises A Grand Finale for SN’s MS centenary at the US… A more liberated TN… Of course, Gujarat is vibrant How Air-India loses customs... When online building permits work…. The Gulf aviation boom Rs.1600 crore paper board plant of TNPL When nations steal growth from one another… Dr C Rangarajan returns to Chennai Where is Rajaji? Nuclear power at the nucleus IPL type auction for VCs? Medical costs hit the roof... Another Indian music maestro at the UN Alexa – Talking Wikipedia Muffled voices for merit… L&T- the specialty of special purpose vehicles Delhi is distant Bihar elections - the Rajaji formula worked ONGC at KG Basin IAS invades NDDB... Sweeter prospects for sugar The Jan Dhan bonanza Adharma of opposition politics Bihar – Nitish Kumar adopts the Lalu model Kinetic Karnataka Gay abandon in pricing A Grand Finale for SN’s MS centenary at the US… Boy, can you beat these? Road development slows down A proud Madrasi The brown list of Venkitaramanan Editor's Notes Editor's Says More heat than light F C Kohli - his concerns all embracing He saved millions from starvation... For whom the bell tolls? The why of tax incentives No mega rail project for Tamil Nadu TIAM turns a full cycle S V Raju – a ‘good’ true liberal The rise and fall of Annamalai University Waning interest in public discussions… No Maha Koottani in TN... The power-full Hindujas Moily’s bold thrust Tax agriculture He continues the focus on social amelioration Marketing expert Balagopal is no more Shaming of Tamils by Tamil farmers at Delhi The balancing act For whom the MIDS bell tolls? Computation of GDP – conundrums continue Tribute – Manikam Ramaswami to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines PC’s preference for professionals The ‘Jayanthi Tax.’ B H Kothari - a tribute All eyes on Sankara Nethralaya GM Technology at last! Inflation: are we emulating Argentina and Brazil? Tribute – UCAL Selvan… Kulandai was a giant EVM is tamper-proof Why land prices zoom in TN? Demise of a media baron... The nuclear option Music happens
 
The Swadeshi Trump

Donald Trump won the US Presidential election 2016 on a major promise to protect jobs for the locals and to arrest unchecked migration. This has the potential to end decades of the US economy built on free market. While this did a lot of good for world trade, it resulted in the US losing out. 

While the continuous boom years post-1980s helped the US economy record multi-faceted growth, it also witnessed the US losing its pre-eminence in several sectors including agriculture. European countries followed by Japan and Korea, Mexico and several other Latin American countries, China and India in the recent two decades, have been thriving on this open market policy of the US. The economic giant, which encouraged migration, has been recording negative trade balances with an increasing number of countries and has been sustained on huge public debt. The saving grace has been its continued dominance in high technology areas thanks to its strong educational system, entrepreneurship, drive towards energy self-sufficiency and space technology. But all the while the US has been losing on its traditional strength of manufacturing. These did impact on jobs especially at the lower end.

Donald Trump focused on this factor to win the presidency. Even before he assumed power, he has given a rude shock to several countries across the globe by announcing several drastic measures like constructing a wall across Mexico, its southern neighbour and high import tariffs on automobiles and other imports.

Over the last couple of decades large super markets across the US have been stacked with imported goods, largely Chinese, of every description. China has built its economy on exports in large volumes especially to the US and surely it will also be on the firing line of Donald Trump. To be fair to Trump, one should point to several countries including highly developed ones like Japan and fast developing ones like China and India erecting huge walls against free imports. Therefore they cannot protest overmuch.

The evolution of the European Community through free economic union over the last seven decades has been the driving force in ending centuries of nationalism-based, cross border animosities. Today there is the danger of the world reverting to the pre World War II conflicts among nation states.

 



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