The headlines screamed that the dollar had breached the ninety-rupee mark! Just a year ago it was around eighty-four rupees to a dollar. Six rupees in a few months. Then my eyes travelled to the next column where the Chief Economic Advisor calmly announced that he was not losing any…


Robert Clements is a newspaper columnist and writes a daily column, which has graced the pages of over 60 newspapers and magazines, from a daily column in the Khaleej Times, Dubai, the Morning Star, London, and in nearly every state in India, from The Statesman in Kolkata, to the Kashmir Times in Kashmir to the Trinity Mirror in Chennai.