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 […]
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 […]
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 […]
It is incumbent upon the Indian political leadership to help create and sustain a constituency for peace and sanity in Pakistan Read Here – The Hindu
The killing of five Indian soldiers in the Poonch sector of Jammu and Kashmir is a declaration of war, but not against India. Read Here – The Telegraph, Kolkata
It was not the lethality of the AK that India feared, for it had a million-strong army to counter it. It was the psychological change that the assault rifle unleashed everywhere it went. AK stands for Avtomat Kalashnikova, and 47 denotes 1947, the year of its adoption by the Soviet military. The assault rifle made […]
Since many years the perception has grown — stronger by the year — in the country’s foreign policy establishment as well as among India’s interlocutors that the foreign office’s contribution to critical foreign policy decisions has been substantially eroded. Read Here – The HIndu
In a season of odd news from China—remember the floating pigs?—this was just another bizarre story: A U.S. businessman was held captive by his Chinese workers after they discovered his plan to shift production to India. Charles Starnes, chief executive officer of Coral Springs (Fla.)-based Specialty Medical Supplies, is a free man again, leaving the grounds of his […]
Xinhua – Severe crisis seems to have gripped India‘s main opposition Bharatiya Janata Party (BJP) with barely a year to go for the general elections. Read Here Economist – India’s main opposition, the Bharatiya Janata Party (BJP), could hardly have chosen differently. At a big party gathering, in Goa, on June 9th, its leaders picked Narendra […]
There are many reasons to be sceptical about the Prime Minister’s capacity to deliver on his promises to Pakistanis and India, but his victory offers hope. Read Here – The Hindu
looking beyond borders 