The Economic Times

Harvard don Dani Rodrik and IMF economist Arvind Subramanian are writing a revisionist paper on the Indian growth experience over the last two decades. The standard story is that India blundered along the socialist, inward-looking path till 1991. Then came […]

Few Indian observers have commented on the Australia-US Free Trade Agreement. Free Trade Agreements (FTAs) are becoming a dime a dozen, and most yield only marginal changes. So why should we pay particular attention to the newly-signed AUSFTA? Because it

The Democratic Party primaries in the US have once again shown that too many Indian foreign policy analysts are victims of wishful thinking. Many of them hoped Afghanistan would prove another Vietnam. This was soon exposed as wishful thinking. The

One of my favourite posters says “Some people see the world as it is, and ask why. But I think of things that never were, and ask, why not? “ Management gurus may wax eloquent over sticking to the knitting

Projecting a profit and sales growth of 15% annually does not look wildly optimistic even after allowing for sundry stupidities, errors and accidents, says Swaminathan S Anklesaria Aiyar . Now that the Sensex has risen at dizzying speed to cross

Projecting a profit and sales growth of 15% annually does not look wildly optimistic even after allowing for sundry stupidities, errors and accidents, says Swaminathan S Anklesaria Aiyar . Now that the Sensex has risen at dizzying speed to cross

Our poverty line was created way back in the early 1970s on the assumption that human beings needed a minimum of 2,400 calories per day in rural areas and 2,100 calories per day in more sedentary urban areas, giving an

Our poverty line was created way back in the early 1970s on the assumption that human beings needed a minimum of 2,400 calories per day in rural areas and 2,100 calories per day in more sedentary urban areas, giving an

Not long ago, we got endless lectures from foreign investors and fund managers on how corrupt and shady Indian market practices were, and how these had to be transformed if India was to attract any money from abroad. There is

The United States is desperately trying to persuade all countries (including poor ones like Vietnam) to contribute something for the reconstruction of Iraq. This implies that much of Iraq’s old debt of $134 billion will be written off. Some analysts