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 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 […]
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 […]
Rahul remains a mysterious and deeply private figure. He gives infrequent speeches; rarely rises in the Lok Sabha, the lower house of Parliament, where he has served since 2004; and virtually never holds on-the-record interviews with reporters, whom he plainly distrusts. Although fireworks lit up the sky on the day of his ascension and party […]
Nations that want to be taken seriously must match their actions with that aspiration. The refusal to send back Massimiliano Latorre and Salvatore Girone — the Marines aboard the merchant ship Enrica Lexie accused of shooting and killing two fishermen off the Kerala coast after mistaking them for pirates — may win the new Italian government brownie […]
India does not reconcile contradictions so much as inhabit them. Is there one god? Three? Gods? Without number? Yes, yes, and yes. Visitors are instructed to leave their Cartesian logic at passport control. This is contrary to my all-too-binary nature. But after two weeks in Delhi talking to people about the wrinkled, lumbering, battle-scarred pachyderm […]
India’s government may curb spending growth in the budget tomorrow to pare the widest fiscal deficit in major emerging nations, seeking to boost the central bank’s scope to reduce interest rates as the economy falters. Finance Minister Palaniappan Chidambaram will keep deficit goals set in October of 4.8 percent of gross domestic product for the year through March […]
Last weekend, India’s Congress Party, which has enjoyed power for almost nine years as the majority party in the current UPA coalition government, set down a roadmap not only for its own future but also for that of the world’s largest democracy. At a party convention in the northern city of Jaipur, it appointed the young […]
When Rahul Gandhi was formally anointed this week to the number two position in India‘s Congress Party, his installation as vice president was accompanied by the usual shenanigans among party operatives. Nine years after the grandson of Indira Gandhi – and the son of Rajiv and Sonia Gandhi – entered politics, the highest decision-making body […]
Rahul Gandhi‘s coronation speech as Congress’ vice-president gave clear hints that while he may have been officially or emotionally designated as Number Two, he would be the de-facto Number One. His mother, Congress President, Sonia Gandhi will be the patron, who would love to see him exercise all powers that lakhs of Congress workers had bestowed upon […]
looking beyond borders 