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A Nehru Escape

by Michael S. Bernstamvia Hoover Digest
Friday, April 20, 2018

During a 1955 visit to Moscow, the Indian premier inadvertently launched a dating revolution. How Jawaharlal Nehru caused young Russians to rejoice.

In the News

What Democracy Now Means? Which Way Is India Headed?

mentioning Larry Diamondvia The Indian Panorama
Thursday, April 12, 2018

The Lok Sabha eventually adjourned sine die after weeks of being non-functional. The Opposition’s no-confidence motion was ruled by the Speaker as un-implementable as the House was not in order. Under similar conditions, the important annual Budget was allowed to be passed without debate.

India's Economic Growth Is Good, But Pales Before China’s

quoting Raghuram Rajanvia Gujarati News Service
Thursday, April 12, 2018

Former RBI governor Raghuram Rajan has said that the comparison between India and China is unfair because the latter has upper hand in building infrastructure as there the state owns every asset, while in India there are enormous pushbacks.

In the News

Raghuram Rajan Says India’s Economic Growth Looks Pale Only When Compared With China

quoting Raghuram Rajanvia Financial Express (India)
Thursday, April 12, 2018

Former RBI governor Raghuram Rajan has said that the comparison between India and China is unfair because the latter has upper hand in building infrastructure as there the state owns every asset, while in India there are enormous pushbacks.

In the News

Need New Economic Theory To Explain How Demonetisation Helped India: Raghuram Rajan

quoting Raghuram Rajanvia Money Control
Wednesday, April 11, 2018

Rajan said that the negative effects of demonetisation have already been seen, whereas the positives stemming from it, if any, will only be visible in the future.

In the News

What Democracy Now Means

quoting Larry Diamondvia The Tribune
Wednesday, April 11, 2018

The Lok Sabha eventually adjourned sine die after weeks of being non-functional. The Opposition’s no-confidence motion was ruled by the Speaker as un-implementable as the House was not in order. Under similar conditions, the important annual Budget was allowed to be passed without debate. Prime Minister Narendra Modi has called for all BJP members of Parliament to observe a one-day fast against disruption by the Opposition. The Opposition, on the other hand, has alleged that those disturbing the House were, in fact, allies of the government.

In the News

Banks Recover A Pitiful Proportion Of Massive Amounts Of Bad Loans They Have Written Off

quoting Raghuram Rajanvia Brinkwire
Saturday, April 7, 2018

Between April 2014 and December 2017, public sector banks recovered a pitiful 10.7% of the massive Rs2.7 trillion worth of loans they wrote off during the period, shows a reply to a question in the Rajya Sabha.

In the News

Former Reserve Bank Of India Governor Raghuram Rajan Calls For Revolution In Education, Skill Building

featuring Raghuram Rajanvia India West
Friday, March 23, 2018

Former Reserve Bank of India Governor Raghuram Rajan March 23 batted for a revolution in education and skill building in India, and advocated bringing talent back from abroad. Currently teaching finance at the University of Chicago's Booth School of Business, Rajan said: "We are not as global as we should be."

In the News

AI Will Take Over, But We Need To Embrace It: Raghuram Rajan

featuring Raghuram Rajanvia The Week
Friday, March 23, 2018

Former Reserve Bank of India governor Raghuram Rajan has said that with advancements in technology and machine learning, artificial intelligence will take over, but we must be open to embracing it. He was speaking at #FUTURE, the two-day global digital summit in Kochi.

In the News

India Needs To Grow Faster Than Is Expected, Says Its Former Central Bank Head

quoting Raghuram Rajanvia CNBC
Sunday, March 18, 2018

After several headwinds over the past year, India is now back on track for growth of up to 8 percent per year, former IMF Chief Economist Raghuram Rajan said Monday.

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