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Another assault on India’s social fabric

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BusinessLine In the cacophony of ugly charges and counter-charges, such as ‘Chowkidaar chor hei’ and ‘tera pura khandaan chor hei’, made by various political parties as Indian steps into another general elections, it comes as a surprise to find that there are ... More »

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India’s milk story – The Hindu BusinessLine

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The skewed structure of India’s bond market

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BusinessLine India’s efforts to activate its corporate debt market, not least by periodically raising the ceiling on investment by foreign portfolio investors in corporate bonds, are yet to succeed. Mobilisation of capital through the issue of corporate bonds ... More »

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The dynamics of India’s rice export boom

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BusinessLine India emerged the world’s largest rice exporter in 2011-12, displacing Thailand from its leadership position. Two factors played a role in this. The first was the government’s decision in February 2011 to lift a four-year ban on exports of non-bas... More »

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India’s services sector boom has failed on the jobs front

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BusinessLine As is widely recognised, India’s economic growth since the 1990s has largely been on account of an expansion of the services sector, in which exports are seen as having played an important role. The rise in the share of services in GDP was particu... More »

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China’s trade loss could be India’s gain

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BusinessLine The depreciation of the rupee vis-à-vis the dollar over the last three months has made India’s exports more competitive . The underlying optimism on fresh manufacturing orders, nonetheless, has been partly offset by rising input costs, primarily o... More »

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Realism must mark India’s ties with US

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BusinessLine While public attention was focused on the highly publicised “2+2 Dialogue,” between the Foreign and Defence Ministers of India and the US, two interesting developments took place in India’s relations with China. The first was a remarkably warm mee... More »

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India’s weak-kneed approach – The Hindu BusinessLine

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BusinessLine India’s decision to put off implementation of retaliatory import duties against the US in June this year could have been passed off as diplomatic astuteness, but postponing it yet again this month — this time till September 18 — seems to be more a... More »

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India’s urban policy’s ‘globalisation’ dilemma

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BusinessLine When those making India’s urban policy look to dealing with the global there is an overwhelming tendency to believe that globalisation has the same influence on all cities. Their response to globalisation is then to build infrastructure similar to... More »

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Who’s responsible for India’s partition?

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BusinessLine Seventy-one years back, on June 3, 1947, in a joint conference with the Congress and the Muslim League, the last Viceroy of India, Louis Mountbatten, announced the partition of India. What followed was a period of absolute terror, which, by some e... More »

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Is India’s gold rush coming to an end?

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BusinessLine Five years ago, any sign of weakness in the Rupee would have been the cue for RBI officials, Ministers and sundry economic commentators to lash out at Indian households for their unreasonable and unpatriotic love for gold. And it is true that gold... More »

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Finally, a healthline for India’s poor

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BusinessLine Imagine a hutment dweller on the roadside in possession of an Aadhaar card. The child is down with very high fever or maybe the man has a cardiac arrest. In panic, the wife does not beg for transport and rush the patient to the municipal hospital,... More »