Of course, for years China has occupied a special place as the marathon champion who prefers to sprint. In the…
The Governor of the Reserve Bank of India (RBI), in his Annual Policy Statement released last week, has set out…
Last fortnight we had sought to highlight the dual role of bank credit in this country and the need to…
It is less than a year since the relatively calm waters of the world’s financial pond was in such a…
Many India-watchers have dilated their views on our recent growth experience. There?s a view, for instance, of a 21st century…
The Budget speech for 2007-08 in a fundamental sense is a break from its several predecessors. For one thing, till…
The plight of sub-Saharan Africa has been used sometimes correctly to underscore the need for global assistance, particularly in the…
Last fortnight, we argued that in order to ensure the domestic appropriation of the productivity gains made by our productive…
The RBI in its Annual Policy Statement for 2006-07 in April 2006 had observed that “growth in money supply in…
Prospects look good for the economy in 2007. International conditions remain supportive, both by way of economic growth and investor…
Earlier this month, the Opec Conference issued a statement that is interesting to note. To quote at some length: ?Having…
Last fortnight, we spoke about rising inflationary pressures and the difficulty of balancing the various objectives of monetary management. Since…
Last fortnight we spoke about how the pace of industrial growth was exceeding expectations and how the major medium-term constraint…
September?s industrial production has been widely viewed as an upside surprise. The fact, however, is that over the past six…
The advance estimates for the US economy indicates that GDP growth slowed further in the third quarter of calendar 2006.…
On September 1, 2006, China?s National Bureau of Statistics raised its estimate of growth in 2005 to 10.2%, up from…
