Salman Khurshid was India‘s new external affairs minister as Prime Minister Manmohan Singh on Sunday effected a major revamp of his council of ministers, inducting 22 faces, including seven of cabinet rank, in what is said to be the last major ministerial shuffle before the 2014 general elections. Congress general secretary Rahul Gandhi did not join […]
The first time I met Raghuram Rajan, the Indian economist couldn’t sit still. It was over coffee in Bangkok in November 2008, less than two months after Lehman Brothers Holdings Inc. imploded and almost took the global financial system down with it. Rajan had become a big draw by then, having warned as early as 2005 […]
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 […]
PICK YOUR WAY through the narrow alleys of a south Delhi slum to the dark, low-ceilinged home of a fortune-teller with a green parrot. For a bundle of rupees he sets the bird to work, picking from a selection of cards. The man glances at one and lets his conjectures fly. India will soon be […]
It had been a brutal August for India’s Congress party: economic growth was wilting, the monsoon rains were failing and the opposition had it cornered on yet another corruption scandal. In stepped Sonia Gandhi to revive the morale of the ruling party’s lawmakers, exhorting them at a meeting to “stand up and fight, fight with a […]
Building ‘capitalism with Indian characteristics’ means decisions cannot ignore concerns of voters and communities, says Siddharth Vardarajan As the economy slows down and the rupee wilts, Manmohan Singh has bitten the ‘reforms’ bullet with both eyes on the credit rating agencies whose negative reports have done much to dampen the ‘animal spirits’ of investors, foreign […]
Yet, it was what an unblinking Manmohan Singh said sotto voce, and what he left tantalisingly unsaid, that may be more politically significant. In the spaces between his prepared speech, what he was effectively saying was that what the country needs is more of the reforms that former Prime Minister PV Narasimha Rao unleashed in 1991 (with Manmohan Singh as […]
Sometimes, raw courage is the only way to break political gridlock. With a flurry of bold executive decisions yesterday on foreign investment — the most extensive policy changes since his government was re-elected in 2009 — Prime Minister Manmohan Singh of India has rediscovered his reformist zeal. India’s consumers, media watchers and flyers will benefit from the Cabinet’s approval of […]
India: Another gaffe from the PM’s office — a defense of the one-sided story Read Here – GlobalPost
The Washington Post story has made many in India unhappy, but let’s be honest: India is a free country and people have a right to express themselves. Why go after Washington Post when the local media itself has been tough on the government and the Prime Minister? Read the Washington Post story here A while […]
looking beyond borders 