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It seems that finally India grew faster than China in 2010.Surprisingly it happened without much fanfare. The reasons for this anomaly are even curious to read. Unlike most major economies that calculate GDP by expenditure method, India calculates its GDP … Continue reading →

SuperFreakonomics is a thought provoking sequel to Freaknomics. This book takes forward the core theme from the first book – People respond to incentives in myriad ways. Unlike other books on economics, SuperFreakonomics has no big concepts or frameworks. It … Continue reading →

A scathing article in Economist, Graft in India: Rotten to the crore, sums up the corruption malaise in India. As the economy grows and the income inequalities rise, corruption problem is only getting worse. It is however now new for … Continue reading →

India’s Microcredit Sector is facing a collapse with the rural poor-encouraged by local politicians-stopped paying the loans. If the industry indeed collapses, it will be a blow to the mission to alleviate rural poverty. Access to capital is scarce in … Continue reading →

At a time when all major economies are considering capital controls and protectionist trade practices, India – on the other hand - is surprisingly staying away from such measures.. It is true that India always had pretty much closed capital markets … Continue reading →

Close to 2 years after the the first quantitative easing exercise from Fed,  they are forced to do it again. But this time the opposition is fierce both from within the country and from other countries running trade surplus with … Continue reading →

It must be worrying the central banks in emerging countries that an economic bubble is forming in Asia. With the outlook in developed economies still uncertain, foreign investors are pouring money into Brazilian bonds, Indian Equities and Chinese Real estate. … Continue reading →

From kerosene to rice husks: Powering India’s rural revolution is a glimpse into the now famous “Indian Jugaad”. Business is booming in rural India. Every company is drafting business plans to design products that are based on sophisticated high performance … Continue reading →

An excellent column from Martin Wolf about fighting the currency wars with stubborn China. China has become the nation with largest current account surplus in the world. It amassed more than $2.5tn reserves which are growing at $300bn per year. The impact on other high … Continue reading →

Op-Ed Columnist – The New American Normal – A great column in NY Times about the uncertainty facing the US economy today. Clearly, there is no new direction emerging from the current economic trends. No one is sure where the … Continue reading →