This foreign policy crisis is of India’s own making. Inability to put its own house in order has shattered the notion of India as an emerging global power. In the last five years, the government in New Delhi decimated economic potential, scaring domestic and foreign investors, and making the county hostile to private investment. The […]
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 […]
Suddenly India is being wooed again. In the space of a few days, both François Hollande and David Cameron have turned up on its doorstep with palms outstretched in the search for business contracts. It will have come as a soothing balm to an Indian government facing increasing disillusion at home and growing cynicism on […]
looking beyond borders 