manmohanchidammontek Courtesy: WikimediaCommons
26 August 2013

Dreams out, reality in

The economic mismanagement by the ruling UPA in the past few years – by putting politics and polls ahead of economy and prosperity, and slavish obedience to political masters – has created an environment of crisis and desperation in India. Where did the country’s so-called economic ‘dream team’ go wrong?

bolivia Courtesy: Alain Bachellier & WEF/Flickr
19 July 2013

Lessons from Jindal’s Bolivian failure

Jindal’s integrated mining and steel project in Bolivia was the largest contract secured by an Indian company in Latin America. The project, which ultimately became a victim of the country's domestic politics, has lessons for Indian companies venturing into Latin America

John Kerry 2 Courtesy: Center for American Progress/ Flickr
21 June 2013

India-U.S. revive lingering ties

The upcoming India-U.S. Strategic Dialogue offers an appropriate platform to move past complaints both sides have against each other in the trade and economic spheres. The stage can be used to re-apply emphasis on strategic relations and reach levels of goodwill established during the time of former U.S. President George W. Bush and Manmohan Singh

bse Courtesy: Niyantha/flickr
14 June 2013

Countering transfer pricing

Keeping subsidiaries of multinational corporations publicly-listed in India exposes minority shareholders to the risk of unfair treatment by favouring the majority shareholders. In some cases, it leads to transfer pricing transactions that hurt the country’s revenue. Delisting MNCs is one way to address this problem

narayan murthy Courtesy: N. Narayanamurthy
5 June 2013

The Return of the Patriarch

On June 1, N. Narayanamurthy, the co-founder, and former Chairman of Infosys – India’s IT giant – was appointed as the Additional Director and the Executive Chairman of the board, for five years. How momentous is his return for Infosys, and more importantly, what does this augur for the future of the company?

china final Courtesy: Ministry of External Affairs, India
22 May 2013

Li and Obama’s Mumbai lessons

Chinese Premier Li Keqiang is also a salesman for his country – but he comes with the one offer no foreign dignitary has made so far: money. Cash-strapped Indian business especially those in the infrastructure and resource businesses, will certainly be looking now to China to make their dreams of survival come true.

rupee renminbi flickr Courtesy: Flickr/CreativeCommons
17 May 2013

India-China: Enhancing Economic Synergies

In the coming decade, India and China are set to achieve a historic $100 billion bilateral trade volume. But India’s concerns over growing trade imbalances and market access need to be addressed so that the two neighbouring economies can forge a more sustainable and mutually beneficial partnership

US Economy Courtesy: Ed Gaillard/Flickr
23 April 2013

U.S. economy: The have-nots said so

Following the 2008 mortgage crash, the U.S. Federal Reserve Board implemented a quantitative easing policy – to stabilise the banks, and rejuvenate the economic environment. Although this strategy has brought some respite, it has done so without creating many new jobs for Americans.

latvia Courtesy: Courtesy: Philaweb/WikimediaCommons
5 April 2013

Latvia: Economic miracle or mangled economy?

Subsequent to the global financial crises of 2007, while several countries were still struggling with economic problems, Latvia managed to dramatically decrease its public debt, and its GDP too grew at an impressive pace. How was this success achieved and at what cost to the people of the country?

BRICS flags Courtesy: Government/ZA/Flickr
26 March 2013

A mandate for BRICS Bank

At the 5th BRICS Summit that begins in South Africa today, the heads of state of Brazil, Russia, India, China and South Africa are expected to ratify the creation of the BRICS Bank. After discussion and study for over a year by the respective governments, the bank will be launched with seed money estimated at between $50 billion to $100 billion, and most likely an equal share of voting rights for the management of the bank. What remains