The NDA government’s appointment of hack loyalists to important positions in the sphere of education has rightly raised concerns about the damage being done to the education system. But this is not the sole source of danger to the system.…
For many years now consecutive governments have pointed to India’s comfortable foreign exchange reserves as evidence of the positive effect that economic reform has had on India’s external sector. On June 12, 2015 foreign exchange reserves stood at a comfortable…
India’s beleaguered farmers are facing another threat to what is now a tenuous livelihood. That threat is the real prospect of a poor Southwest monsoon that would substantially reduce agricultural production over crop year (July to June) 2015-16. In its…
On Friday 12 June, the US House of Representatives stalled a bill that would have set in motion the process of confirming a major new trade deal, the Trans Pacific Partnership Agreement (TPP, between the US and 15 countries in…
The global financial crisis that started in 2007 has never ended and now there are warnings of a looming market liquidity crisis, but when this will hit remains to be seen. next_financial_crisis (Download the full text in PDF format) (This…
If one adds up the foreign exchange reserves of all the countries in the world, including under the term “reserves” what these countries hold in the form of gold, US dollars, other reserve currencies, Special Drawing Rights of the IMF,…
The Modi government completed one year in office on May 26. This year saw a continuation of the industrial stagnation which has been a feature of the Indian economy for quite some time now. The year-on-year rates of industrial growth,…
