The Nuclear Dilemma
The U.S. is looking beyond its shores, including at the Westinghouse deal with India, to revive an industry that is not doing as well as its supporters project it to. Read Here – The Hindu
Category: India
India’s Proverbial Frog In The Pot
Banking reforms alone, however, aren’t going to bring foreign investors back or prevent the rupee from falling further. This is (Raghuram) Rajan’s real challenge: He is stepping into a stew of financial chaos, missed opportunities and political paralysis that has been simmering for years. It’s no longer inconceivable that India could become the first of […]
Fast Rewind To 1991?
With the value of the rupee plunging to new lows, the current account deficit at an all-time high and inflation running at nearly a ten-percent annual clip, India is in serious economic trouble. Indeed many are beginning to wonder whether the country is edging toward a replay of the events in the summer of 1991. Read […]
Mirror Images?
India and China are neighbors with vexed relations. The most that can be said about them is that they share almost equal measures of mutual incomprehension. Read Here – The Diplomat
Losing The Plot
At least in the Maldives, the Manmohan Singh government has sought to correct its botched analysis of the political situation. Across the rest of South Asia, Delhi has so clearly lost its nerve that it has failed to project the leadership that is expected of it. Worse, by taking the path of least resistance, the […]
Th Elephant Needs To Dance Bold Steps
Not so long ago India was celebrated as an economic miracle. In 2008 Manmohan Singh, the prime minister, said growth of 8-9% was India’s new cruising speed. He even predicted the end of the “chronic poverty, ignorance and disease, which has been the fate of millions of our countrymen for centuries”. Today he admits the […]
India and Afghanistan: Tied In Knots
India’s early engagement with post-Taliban Afghanistan was considered by the United States, Pakistan and the Afghan government to be a strategy to undermine Pakistan. While this may have been true at first, in recent years India has come to accept that Pakistan has a ‘special interest’ in Afghanistan that overshadows its own. The main driver […]
What India Needs Is An Early Election
A rupee in free fall; a terrifyingly wide current-account deficit; a corrupt, stagnant bureaucracy: In 1991, then-Finance Minister Manmohan Singh helped to rescue India’s economy from that near-death experience with a slew of liberalizing reforms, setting the stage for two decades of growth. Today, facing a similar, if less existential, crisis as India’s prime minister, Singh may well be the […]
India’s Credibility Crisis
As on a battlefield, so in the marketplace — a war to defend the economy is not won by the deployment of superior armoury but by the cleverness and credibility of one’s strategy and tactics. In a crisis, economic policymakers are like generals in war time. Their reputation is won not by the superiority of […]
Vague Border Works Well For China
It’s therefore clear that some in China view the unresolved border dispute as working in Beijing’s favor. China’s aggressive patrolling along the unsettled border keeps India’s military forces tied down on multiple fronts, tests Delhi’s resolve, heightens its anxiety, exposes its strategic vulnerabilities, and diverts scarce resources away from its naval modernization. Read Here – […]
looking beyond borders 