Nifty and Nifty Junior companies show gains (on average) when the rupee appreciates.
The RBI has failed to display intellectual leadership in correctly understanding India as an open economy.
Recent perceptions of the two countries may have something to do with the narrowing of the gap in FDI flows.
People learn inside firms, and their learning is best when the firm is in a brutally competitive and globalised market.
There is no industry in India where the licence-permit raj hinders entry more than in the case of banking.
The futures market tends to be quite liquid, and it is harder for traditional traders to control prices.
One of the great strengths of India is that the political system just does not accept high inflation.
The Goods and Services Tax will make India a competitor in Chinese-style manufacturing and employment.
The new pension system is structured in a manner that it is possible to escape poverty during old age.
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