India’s Financial System Needs New Boost
The Indian financial system suffers from a hangover of cronyism and corruption that have brought the government budgets on the verge of bankruptcy Read Here – The Hindu
The Indian financial system suffers from a hangover of cronyism and corruption that have brought the government budgets on the verge of bankruptcy Read Here – The Hindu
In the latest move in China’s anti-waste campaign, central authorities have issued rules to standardise fund management and ban Party and government extravagance Read Here – China Daily
Modi is a hypnotic orator who, as one corporate executive after another has said, offers the best model of governance in a country rife with corruption and red tape. His actions in February 2002 have led him to be compared with Adolf Hitler, while his obsession with management details have led him to be compared […]
Much of Indian politics today isn’t much more than the cult of the family. And while individuals come and go, families go on forever. Read Here – Bloomberg
Once again, Silvio Berlusconi has pushed Italy’s government into crisis. Maybe, just maybe, that’s a good thing. Read Here – Businessweek
The ongoing furore over India’s former army chief General V.K. Singh has turned the spotlight on the dysfunctional relationship between the country’s democracy and its military.
Xi’s prolonged attack on civil society—crackdowns, one right after the other—is only increasing the pressure in the country, and that is occurring while the tolerance of the population is decreasing. Read Here – World Affairs Journal
A Chinese court sentenced ousted senior politician Bo Xilai to life in jail on Sunday after finding him guilty of corruption and abuse of power, a tough term that gives him little chance of staging a political comeback. Read here – Reuters
Innovation should be one of the major driving forces of China’s ongoing economic reforms and development in the future, as the country’s GDP is expected to slow from double-digit growth, Premier Li Keqiang said Read Here – China Daily
China‘s contribution to the global economy will be in its steady growth and structural transformation; only long-term reforms can sow the seeds of prosperity. Measures used in emergencies – moves that break market rules – can be effective for a short time but they have long-term disadvantages. Read Here – Caixin