A Chinese Proposal India Can Say No To?

According to a report in India’s Economic Times, China has offered to finance a large portion of India’s infrastructure development via loans.  The investment would amount to 30 percent of India’s planned infrastructure spending through 2017. For comparison, China contributed a mere 0.15 percent of India’s total FDI inflows between April 2000 and December 2013. India has […]

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And Why Does The World Love India CEOs?

With the appointment of Satya Nadella as chief executive officer, Microsoft has joined a growing club of multinational corporations run by Indian-born managers. The list includes Pepsi, Deutsche Bank, MasterCard, Adobe Systems, Diageo, London-traded consumer goods giant Reckitt Benckiser and semiconductor maker GlobalFoundries. Read Here – Bloomberg

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Battle Between Two Futures

Late this spring, India will hold its 16th general election. The vote will pit the forces of progressivism, which celebrate cultural and social pluralism and promote equity and good governance but appears singularly incapable of policy implementation, against the forces of cultural and religious nationalism, which promote rapid economic growth and political order but show […]

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How Far East Can India See?

Traditionally, India has concentrated more on Southeast Asian countries as the lynchpins of its quest to spread political influence and profit from the region’s economic dynamism. New Delhi’s relative neglect of the geographically more distant Northeast Asia, of which South Korea is a pivotal country, is gradually being redressed with a spectacular warming of ties […]

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Right Instinct; Uncertain Times

Rahul Gandhi’s instinct is right: Without long-term reforms that rally Congress around something other than the figure of himself or his mother, Sonia Gandhi, the party is doomed. If he can’t somehow translate that mystique into victories now, though, there will be little left for him to reform. Read Here – Bloomberg

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Will Modinomics Work?

Asia has grown inordinately fond of “-nomics,” slapping the suffix on grand-sounding growth programs in such places as Japan, the Philippines, South Korea, Thailand and China. There’s one in India now – Modinomics. Read Here – Bloomberg

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The Strange Case Of Manmohan Singh

In the abstract, it’s hard to imagine a situation under which a leader retires after a decade-long tenure under which more than 137 million people were lifted out of poverty and be generally considered a disappointing failure, but that’s exactly the situation facing Indian Prime Minister Manmohan Singh, who officially announced today, as had been widely expected, that […]

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