The Economic Times

How hard will India’s economic growth be hit by the global financial crisis and recession? Widely varying forecasts for the next financial year, 2009-10 have been made by three leading economists—Arvind Virmani, Chief Economic Advisor of the government; Raghuram Rajan, […]

After the Mumbai terrorist attack, every Tom, Dick and Harry has become a counter-terrorism expert. Drawing room experts and newspaper columnists hold forth on how incompetent the authorities are, and how the attack could have been foiled if only this

Across the globe, politicians from Manmohan Singh to Barack Obama plan to boost government spending to revive flagging economies. Especially popular are big infrastructure projects, widely seen as an excellent way to give a Keynesian boost to economies. Yet this

Leftists claim that the global financial crisis was caused by reckless deregulation and greed. Rightists blame half-baked financial regulations and perverse incentives. Actually, the financial sector is deeply regulated, with major roles for both the state and markets. It was

The US government and Congress are creating a $ 700 b. rescue package to resolve the worst financial crisis since the Great Depression. Will it stabilize the US and world economies? For an answer, remember Winston Churchill’s words in 1942.

Indians know very little about Scandinavia–the four nations of Sweden, Norway, Denmark, and Finland in northern Europe. Some Indian males fantasize about glamorous Swedish blondes. Others lust over the latest Nokia phone from Finland. Geography enthusiasts know it as the

Having overcome a series of obstacles ranging from Prakash Karat to the Nuclear Suppliers Group, India\’s plans for a massive nuclear power programme now face an even more daunting obstacle – Mamata Banerjee. Having tasted blood at Nandigram and Singur,

India has gone from nuclear pariah to recognised nuclear power. That is the upshot of the decision of the Nuclear Suppliers Group to bend its rules for India. Till now, the NSG recognised only two kinds of countries, the haves

Indians tend to analyse economic events as though India was a case by itself. Yet the most causal look at our major issues inflation, economic slowdown, outsourcing, pollution, rising trade and remittances shows that they are also global issues. Today,

Indians tend to analyse economic events as though India was a case by itself. Yet the most causal look at our major issues inflation, economic slowdown, outsourcing, pollution, rising trade and remittances shows that they are also global issues. Today,