-The Economic Times India looks all set to cede the moniker of the world's second fastest growing major economy for 2012, a fall from glory for a country that was spoken in the same breath as China for much of the previous decade and even nursed ambitions of upstaging its larger neighbour. The latest global economic growth forecasts from the International Monetary Fund (IMF) have India growing at 4.5% in 2012 (at...
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Amartya Sen, Nobel laureate interviewed by Sagarika Ghose
Nobel laureate Amartya Sen believes that Team Anna's reading of corruption or what causes corruption or how it can removed is wrong, and that they need to look at how the economic system operates. In an exclusive interview with CNN-IBN Deputy Editor Sagarika Ghose, Nobel laureate Amartya Sen said that instead of fasting and protesting, one should try and change the systems that provided incentives for corruption. Below is the transcript of...
More »Getting the FDI in Retail Debate Back on Track by Mohan Guruswamy
The FDI in retail debate has apparently fully traversed the realm of reason and for it seems to have degenerated into name-calling. I had intimation of this when a diplomat who meets me from time to time asked me if I was being put up, for a price, by Indian corporate interests to stymie the entry of the big western firms like Wal-Mart and Carrefour? I can well imagine the...
More »PM meets Obama, discusses implementation of civil nuclear deal
-The Indian Express Prime Minister Manmohan Singh today declared that there were "no irritants" in Indo-US ties as he met US President Barack Obama here and disucssed the ways to implement the civil nuclear deal. Singh, who met Obama for the first time after latter's trip to India last November, also talked about strengthening the bonds of strategic ties put in place during the historic visit of the US President to India...
More »No scope for change in liability regime, India will tell Obama by B Muralidhar Reddy
On the eve of Prime Minister Manmohan Singh's scheduled meeting with U.S. President Barack Obama on the sidelines of the ASEAN summit in Bali, Indian officials said they did not know whether the newly notified rules for implementing the Nuclear Liability Act would address American concerns about nuclear suppliers being exposed to claims for damages in the event of an accident but insisted that the “law of the land” could...
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