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An over-leveraged sector

Socialists and politicians are not the impediments to the emergence of a true market economy in India. It is the private sector

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A window of opportunity for RBI

In the second half of the year, RBI’s window for reducing rates may narrow or even close fully. It is better to use it now

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Euro zone fragmentation will resume

The opium of easy money has drugged all—from investors to policymakers on either side of the Atlantic

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Boom now; devaluation later

When China’s growth slowdown becomes truly unbearable, a devaluation will be firmly on the table and will be carried out

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Propelling India towards collapse

The collective psyche of Indians is not ready to face up to the need to produce and the harsh realities of competition

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A luxury called BCD nexus

RBI and the ministry of finance have to find ways to ensure that Indians do not gorge on debt for unproductive purposes

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A tempting minefield

By finding the right balance between instinctive antagonism and acquiescence, Modi could do better on the foreign policy front

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Mantra for Narendra Modi’s second year

The government needs to make productivity its central theme as India lags behind several Asian nations in this respect

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Let them eat more credit

China’s economy has slowed because it has tried to scale back its frenetic investment spending fuelled by debt

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Spillover risk is not big

The taper tantrum of 2013 is not an excuse for the central bank to not cut interest rates on Tuesday

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The Incredibly Myopic Fund

If the IMF cautions against a rate increase six years after the 2007-08 crisis officially ended, what exactly has it learnt from the crisis?

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The monetary mirror to India

Freeing the mind of the focus on re-election will create space for the focus on reforms

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A new palette for policy

NITI Aayog was established to displace planning and not just replace the Planning Commission

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Greece’s unfair creditors

Greece’s creditors have failed the test of fairness, equality, democratic accountability and above all, the test of humility

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ILO is anti-jobs and anti-India

India’s labour laws have served to keep the labour market an exclusive preserve, a club, of unionized workers

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Popping the hegemonic bubble

At the core, China is deeply insecure. That underwrites its eventual failure at the global hegemonic sweepstakes

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Let them eat more credit

China’s economy has slowed because it has tried to scale back its frenetic investment spending fuelled by debt

View Article


Spillover risk is not big

The taper tantrum of 2013 is not an excuse for the central bank to not cut interest rates on Tuesday

View Article

The Incredibly Myopic Fund

If the IMF cautions against a rate increase six years after the 2007-08 crisis officially ended, what exactly has it learnt from the crisis?

View Article

The monetary mirror to India

Freeing the mind of the focus on re-election will create space for the focus on reforms

View Article
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