The Internet may have worked wonders for Obama in the US, but is unlikely to be even half as effective in India
In a nation where a quarter of eligible voters are now between the ages of eighteen and twenty-five, the 2009 elections will see a potential 100 million young Indians heading to the polls for [...]
Kudos to Amit Varma and Reuben Abraham
Amit Varma, India’s foremost blogger and award-winning columnist, has been busy recently.
His first novel, My Friend Sancho releases this week in fine bookstores all across India. Click here for launch details — so far, it’s Mumbai, Delhi, Kolkata, Bangalore and Chennai. If you’re in any of [...]
The El Dorado for auto-didacts
Salman Khan, a portfolio manager in California has created hundreds of free educational videos, available on his web site, the Khan Academy and on YouTube. These videos cover the basics of banking, finance and the current credit crisis — I saw a couple and they’re quite good.
Even more importantly, [...]
“For what it’s worth, a key conclusion from the IMF’s new World Economic Outlook is that recessions caused by financial crisis typically end with export booms, with the trade balance improving,on average, by more than 3 percent of GDP. I find this a disturbing result: we’re now suffering from a global financial crisis, which means [...]
Nouriel Roubini, of the infamous (and silly) Dr Doom moniker, says India might just do OK.
Despite slowing from highs of 8% to 9% growth, India’s economy will grow close to 6% in 2009. Amid domestic and global liquidity crunch, large domestic savings and corporate retained earnings are financing investment. Sluggish labor [...]
A write-up of mine recently appeared in India Abroad and TCS Daily on Montek Singh Ahluwalia’s talk at the Peterson Institute of International Economics, during the PM’s visit in November.
Here’s the link.
IEB reader Suresh Dalai sends us this thoughtful guest post
As with most other places in the world, India is facing a significant economic slowdown that is aggravating an already serious liquidity crisis. The government is finding it increasingly difficult to implement additional fiscal or monetary measures, and as a result, has tried to bring [...]
After 26/11, Jack Welch pointed out that the attacks posed a question for India in terms of its ability to manage itself. China, although under authoritarian rule, had managed to pull off the Beijing Olympics, and assured safety for investors. India faced that question, post 26/11.
Now, with the cancellation of the IPL [...]
India’s Underground & Hinterland seem to be the topics du jour
In the Wall Street Journal, Peter Wonacott says India Defies Slump, Powered by Growth in Poor Rural States.
Rama Lakshmi of the Washington Post said as much last month: Vast Rural India Sparkles As an Expanding Market
About 72 percent of India’s billion-plus people [...]
Social entrepreneurship inching forward in India, albeit slowly and fitfully : India’s Spirit Of Business Booming
Hygiene doesn’t make it too often to the media. However, as anyone who’s spent more than 24 hrs in India knows, the lack of adequate toilets is a huge, huge issue.
Two links on that subject: Bloomberg – [...]