Latest Blog Posts!

Bailouts Alone Will Not Solve Europe’s Fiscal Problems
4 April 2012, 8:30 pm

Bailouts appear to be the medicine du jour prescribed across Europe for debt-stricken nations. Large-scale purchases of government bonds by the ECB also seem to be the only focus of creditors and political leaders. But the true key to resolving the eurozo […]

The world is afraid
25 March 2012, 11:23 am

The world is afraid. Increasing concerns about a military conflict between Israel and Iran has created a “Fear Premium”, which has seen the price of oil soar to nearly $125 per barrel – even as the global oil supply remains plentiful and demand appe […]

politics is preventing India from fulfilling its vast economic potential
23 March 2012, 8:46 pm

India is a land of large numbers: a place of over a billion people, a million mutinies and a thousand different tongues. But it is not too much of a stretch to say that since independence in 1947 there have only been two kinds of Indian economy. The first […]

an unbalanced indian budget
17 March 2012, 9:46 am

In the breakthrough budget of 1991 that heralded India’s re-entry into the world economy, the finance minister ended his speech by paraphrasing Victor Hugo: a reformed and confident India was an idea whose time had come. This year the present minister, […]

Why the old should not make way for the young?
13 February 2012, 2:47 am

Work until you drop. That is how many people characterise the argument of those—this newspaper included—who call for a later retirement age. Life expectancy may be steadily increasing but few are eager to add to their years of toil. Indeed, the French […]

India will not take steps to cut petroleum imports from Iran
30 January 2012, 4:30 pm

India, the world’s fourth-largest oil consumer, will not take steps to cut petroleum imports from Iran despite U.S. and European sanctions against Tehran, finance minister Pranab Mukherjee said on Sunday during a visit to Chicago. The United States […]