Is BRICS a folly for India to embrace?

'To consider BRICS anything more than a temporary club with some common interests would be folly. The goal should be to induce others (Japan, ASEAN, South Africa) to align with us -- a......

Can BRIC save the world?

Let all of us, including the distinguished ambassadors of BRIC send a joint resolution to Senator Obama,' thundered the tall old man in an immaculately tailored suit in the front row. The four of......

Yes, the rupee IS overvalued

Rupee volatility could be dampened if it is steadily manoeuvered to levels consistent with inflation differentials, say Jaimini Bhagwati and Abheek Barua In the recent past, commentaries in this......

The big picture: 5 factors that keep China way ahead of India

India needs to work on economic parameters to outpace China.   Image: Pigeons are released during a flag raising ceremony in China. Jianan Yu/Reuters   Last week, a projection of gross......

What India must do to keep its economy BOOMING

India's Foreign Secretary Ranjan Mathai listed out some economic policies that emerging nations, particularly India, must adopt to keep them from driving off the growth path and also spoke about......

Govt borrowing: Set to increase in FY 2011-12

Government Borrowings to remain high during 2011-12 in the absence of one-off revenues, higher subsidy payments and social sector spendingThe market borrowing of the government is the major source......