That Loud, Hissing Sound…

Expectations that India’s prime minister would revolutionize a troubled economy overnight were wildly overblown. But three months on, even some Modi skeptics may be wondering if they have been too easy on the great modernizer from Gujarat. Since taking office, Modi has scuttled a global trade deal, sidestepped much-needed subsidy cuts, and refrained from letting […]

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The Bipartisan Consensus in Washington About Expanding Ties With India May Be Good For New Delhi, But it’s Turned the Election Into a Snoozer.

Indeed, enthusiasm for India in Washington may wax or wane over the next four years, but arguably this will depend less on who occupies the White House than on who occupies the prime minister’s residence at 7 Race Course Road. Over the past two years, faced with a global slowdown and a lack of reforms, […]

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India Clears FDI in Insurance, Pensions in Economy Reboot

Indian Prime Minister Manmohan Singh’s cabinet unveiled a second wave of policy changes intended to bolster a slumping economy as he seeks to restore faith in his leadership and establish a platform for his party less than two years before the next general election. In a move that signaled the Congress party-led government’s intent to push ahead […]

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