Jul 11th, 2012; Source: The Economic Times
Recent visits by the author to both the US and China show what a long road India still has to travel. In fact, we had just started on this road before the current slowdown hit us smack in the face. There are those who would argue that we are still doing well in a relative sense. But given the absolu ...ReadMore
May 16th, 2012; Source: The Economic Times
It took many years for perception about India to change. Until the nineties we were saddled with the Hindu rate of growth. India was perceived as a lumbering socialist, closed economy pursuing its own command and control policies and uninterested in what was happening in the world. Then came the eco ...ReadMore
THE REVENGE OF THE TWIN DEFICITS OR ALL THE MACRO LIGHTS ARE FLASHING RED
Apr 4th, 2012; Source: The Economic Times
If you thought they had gone away for ever, think again. With the fiscal deficit touching 6% for several years and the current account deficit inching its way over 3% we must necessarily examine whether we are moving into dangerous macro territory in a time of great global uncertainty, and what if a ...ReadMore
Feb 13th, 2012; Source: The Economic Times
For UPA-II government, Budget 2012-13 is the final opportunity to renew economic reforms Will the Reserve Bank of India’s (RBI) rate cuts which are around the corner help the Indian economy move back to its 8% to 9% growth trajectory? Is India’s sustainable level of growth 7%, and were the last ...ReadMore
FOR WHOM THE (ALARM) BELL TOLLS
Jan 11th, 2012; Source: The Economic Times
The government must act on regaining macroeconomic balance, taking decisions and creating infrastructure As we begin this new year, it is incumbent upon us to be optimistic. However, when we look at the politico-economic landscape and couple that with the global environment, it is hard to maintain t ...ReadMore
Goldman Invests Big in Sumant Sinha΄s Co
Sep 27th, 2011; Source: The Economic Times
Goldman Sachs has invested Rs 1,000 crore to acquire majority stake in a renewable energy startup, betting on the bright outlook for the rapidly growing sector and the skills of former investment banker Sumant Sinha, who set up the company after leaving Suzlon last year. Click on the link below to r ...ReadMore
INDIA CAN STILL PREVAIL, WITH WILL
Aug 23rd, 2011; Source: The Economic Times
In a world economy that is fraught, India requires strong leadership to sustain its growth momentum So we are once again in the thrall of a global economic crisis. The double dip recession appears round the corner in the US, while the eurozone continues its struggles to stave off impending Armageddo ...ReadMore
INDIAS ENTREPRENEURIAL DEFICIT
May 23rd, 2011; Source: The Economic Times
To broad base its growth, the country needs to address the lack of a thriving entrepreneurship culture One of the drivers of India;s growth going forward is how well the professional class adapts to emerging opportunities in the new India. Historically, Indians have been reasonably risk averse, pref ...ReadMore
Mar 31st, 2011; Source: The Economic Times
Growth and Budget targets stand to be undermined by the perceived dither in governance As per the Budget estimate, India’s fiscal deficit will be 4.6% of GDP and total borrowings will be . 3,43,000 crore. Both these targets are likely to be exceeded. First, the revenue side depends critically on 9 ...ReadMore
QUANTITY, NOT QUALITY, IN OUR GROWTH
Jan 27th, 2011; Source: The Economic Times
Many scandals have surfaced recently, which highlight the immaturity of India’s economic development model. India lurched somewhat reluctantly into the economic reform process nearly two decades ago. If China has been on the path for the last 33 years, the fact is that we have been at it for 20 ye ...ReadMore
