Essayer OR - Gratuit
An unavoidable product of democracy
Business Standard
|April 05, 2025
There is one thing that all charismatic populist leaders have in common.
There comes a time, inevitably, when they declare to their rapturous followers that the nation's problems cannot be solved except through a decision that nobody else would have the courage to take. "Experts" might advise against this course of action, whatever it might be; there might be considerable pain involved in implementing it; but the leader embodies the aspirations and courage of the nation and will bravely take the decision that appears unwise and unprecedented to lesser minds.
The hallmark of the populist has always been the willingness to risk it all in service of his personal ambition and national honour. From the first populists onwards — think of Julius Caesar crossing the Rubicon with his armies, declaring "the die is cast" in his battle against the Senate — these leaders have always considered that logic, common sense, and precedent apply only to other, weaker leaders.
It was such an impulse that led the Russian Federation into Ukraine more than three years ago; None of President Vladimir Putin's closest advisors will have suggested a full-scale invasion and annexation, but the Russian leader took the risk nonetheless. It's still not certain whether it will, in the end, pay off for him and for his country.
Cette histoire est tirée de l'édition April 05, 2025 de Business Standard.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Business Standard
Business Standard
A 25-year conversation with Italy
Venice opens its historic state archive for the first time for Dayanita Singh’s exhibition
3 mins
April 22, 2026
Business Standard
Sovereign wealth funds stay put amid West Asia crisis
FPIs were net equity sellers in March, first full month after the conflict began
2 mins
April 22, 2026
Business Standard
Fertilisers see first output drop in 13 yrs
India’s fertiliser production within the Index of Eight Core Industries recorded its weakest annual growth in 13 years in 2025-26 (FY26), contracting 0.1 percent year-on-year (Yo-Y).
2 mins
April 22, 2026
Business Standard
Bandhan MF adds gold, silver lustre to equity funds
Bandhan Mutual Fund (MF) has added provisions for gold and silver investments at three of its equity and hybrid schemes.
1 mins
April 22, 2026
Business Standard
Hindalco likely to elbow out Trent for a spot in Sensex
Passive flows seen at ₹3,800 cr on inclusion
1 mins
April 22, 2026
Business Standard
Ensure aggregate of small incomes doesn't breach exemption limit
The government has overhauled the tax deducted at source (TDS) declaration framework by introducing Form 121, which replaces the widely used Forms 15G and 15H.
2 mins
April 22, 2026
Business Standard
Indian exporters may not get US tariff refunds
Indian exporters are unlikely to receive any direct share of the $166 billion in tariff refunds rolled out by the United States, but the rollback of reciprocal duties is already strengthening their pricing power and lifting order prospects.
3 mins
April 22, 2026
Business Standard
Monetary policy won't be swayed by politics: US Fed chief nominee
Federal Reserve chief nominee Kevin Warsh told US senators on Tuesday he would make monetary policy decisions independent of any advice or pressure from President Donald Trump, highlighting success in keeping inflation low as the “plot armour” that would insulate the central bank from criticism.
2 mins
April 22, 2026
Business Standard
India's FY26 growth outlook dims amid crisis
Moody’s Ratings on Tuesday downgraded India’s growth forecast for financial year 2026-27 (FY27) to 6 per cent from the previously estimated 6.8 per cent, citing weaker consumption and industrial activity amid elevated energy prices and rising input costs following the West Asia conflict.
2 mins
April 22, 2026
Business Standard
‘PNB Housing Fin eyes 18-20% growth in FY27’
Shares of PNB Housing Finance on the BSE jumped more than 8 per cent on Tuesday to settle at 979.05 after the company reported 19 per cent year-on-year growth in net profit at ₹656 crore for the January-March (Q4FY26) quarter, supported by robust growth in loans.
2 mins
April 22, 2026
Listen
Translate
Change font size

