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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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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“China Won’t Like It”

“China won’t like it.” That has been a consistent refrain of the UPA government and the Congress party in shaping India‘s recent foreign policy. New Delhi‘s self-induced fear of provoking China has restricted the pursuit of beneficial engagement with other major powers and Asian neighbours. India’s self-denial is hardly consistent with its proclamations on “strategic […]

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Disquiet In The Neighbourhood

Manmoahn Singh’s absence at the Commonwealth Summit may not necessarily push the Sri Lankans deeper into the Chinese arms, but it would definitely make it slightly more difficult for New Delhi to do business with Colombo. Given its chaotic neighbourhood, India needs to keep its friends; not turn them into indifferent acquaintances. Read Here – […]

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Is Something Bigger Than Lehman Around The Corner?

Anyone who remembers the collapse of Lehman Brothers Holdings Inc. little more than five years ago knows what a global financial disaster is. A U.S. government default, just weeks away if Congress fails to raise the debt ceiling as it now threatens to do, will be an economic calamity like none the world has ever […]

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Sense Of Unease As Superpower Skids

An unmistakable sense of unease has been growing in capitals around the world as the U.S. government from afar looks increasingly befuddled — shirking from a military confrontation in Syria, stymied at home by a gridlocked Congress and in danger of defaulting on sovereign debt, which could plunge the world’s financial system into chaos. Read […]

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