The Times of India

The stock market has zoomed 20% hoping that the Congress victory will usher in radical economic reforms that were earlier thwarted by the Left Front. This is a serious error. The Congress sees its victory as a vote for continuity, […]

I was dead wrong in predicting a hung parliament with Mayawati having a kingmaking role. Yet, I cannot resist recalling the heading of my March 9 column, \’India slumps, Bharat rises, Congress smiles\’. Despite a global recession that has hammered

There is much talk of green shoots heralding the end of the global recession. Stock markets are shooting up globally. But the International Monetary Fund (IMF) has just issued its gloomiest forecast ever. It says world GDP, which has never

India’s merchandise exports declined 22% in January and February, and the slump looks like continuing. The silver lining is that India’s exports of software and IT-enabled services have proved resilient. However, such exports face new threats that should not be

Some years ago, Jairam Ramesh coined the word Chindia, hyphenating China and India, to denote a great new geopolitical development. The earlier BRIC report had identified China and India as potentially the two fastest growing states that could one day

The manifestos of the BJP and Communist Party (Marxist) accuse the Congress Party of bartering away India’s security in the nuclear deal with the US. They worry that India will be dragooned into signing other treaties that limit its nuclear

World leaders at the G -20 meeting agreed to create new international money worth $ 250 billion. The IMF will oversee the new money called SDRs (Special Drawing Rights). Some people believe–and China fervently hopes—that SDRs will in due course

2009 marks the 200th birth anniversary of Abraham Lincoln, and also the end of Manmohan Singh’s term as Prime Minister. Both ended office with awesome reputations as honest men in highly corrupt eras. Lincoln was nicknamed Honest Abe. Singh has

As the world sinks into the worst recession since the 1930s, leaders of the top 20 countries are meeting in Britain to discuss major reforms of the world economic system. There is a consensus that the existing system has failed

For decades, voters have thrown out virtually every incumbent government in New Delhi. Going by history, the current incumbent—the UPA coalition headed by the Congress Party—should be heading for a thrashing, the more so because of the economic slowdown. GDP