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As the world prepares to mark the anniversaries of the First and Second World War, the two great wars have acquired a peculiar political resonance in East Asia.
A slowing Indian economy, policy paralysis in the Indian government, and U.S. domestic distractions have combined to produce a drift in the bilateral relationship that is far more dangerous than the discord provoked by the recent diplomatic spat.
It will take more than a new government to fix India’s struggling economy. The country needs broad reforms and institutional change to address fundamental flaws in its economic system.
India must recognize its past errors in dealing with Beijing and its refusal to prepare the nation to cope with the rise of China.
The RBI has asked the finance minister to amend the Reserve Bank of India Act, to allow it to supervise non-bank subsidiaries of banks.
India’s financial system has long been inadequate. The new Indian Financial Code promises to change business as usual.
In his first public address since assuming responsibilities as ambassador of India to the United States in December, S. Jaishankar discussed the promise of, and prospects for, the U.S.-India relationship.
India should step up its use of biometric identification to streamline its welfare system.
In India, politicians with criminal records are supplying what voters and parties demand: candidates who are effective and well-funded.
The BJP is reportedly evaluating various reform proposals to include in its manifesto. It is important to evaluate these on the basis of both economic theory and international experience.