Category Archives: economy

India’s Priority: temple, terror, or turbine

BJP has again revived the slogan to build a magnificent temple for Lord Ram in Ayodhya. Unfortunately, neither BJP nor its allied institutions such Vishwa Hindu Parishad talk about huge lot of money collected for the temple. Even the devotees … Continue reading

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Sudden Slowdown in Indian Auto Sector

The slowdown in Indian auto sector-both for OEMs as well as auto component manufacturers, has been sudden and so is worrying for the country. Domestic sales are going down because of credit squeeze by banks financing it. Interest on loans … Continue reading

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‘Economist’ This Week

‘Economist’ this week has four reports related to India. It is good enough indication of the importance and attention that India is getting these days. The report on Information technology in India ‘Gravity’s pull’ deals with a fear or prophecy … Continue reading

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Sitaram Yachuri’s Concern for Development

Lately, Hindustan Times regularly publishes Sitaram Yachuri’s lead articles on editorial page. He is an intelligent leftist and many of his arguments are really worth attention. In a recent article, he wrote about the development of Gujarat. “Despite the tom-toming … Continue reading

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Booming and Blooming India-XXXI

Inc’s Grand H1 show: For the half year ended September 2007, interest coverage ratio for Corporate India, excluding banking sector, has gone up from 10.8 to 11.7 times. India-born Vikram Pandit is Citigroup’s new CEO: India-born Vikram Pandit has been … Continue reading

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Great Indian Middle Class

The great Indian middle class has been a hot topic. An article in the latest ‘McKinsey Quarterly’ offers the following projections about the great middle class in India. It is certainly exciting.  Over the next 20 years, India will likely … Continue reading

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Booming and Blooming India-XXX

India and Indians have learnt to think and attain big through investment, expansion, acquisitions, and collaborations. India Inc is also doing its best to overcome the situation arising out of rising Rupee vs. Dollar. Surprisingly, these are getting reported from … Continue reading

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Nandan Nilekani’s ‘Imagining India’

For months, I was eagerly waiting for Nandan Nilekani‘s ‘Imagining India‘. Many a times, I find myself in dilemma of answering to me only, if I am a book lover or book collector. Yamuna, my wife, as usual, thinks I … Continue reading

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Transforming India -2

Some views of the Indian intellectuals about the ‘Transforming India’ in special Issue of ‘India Today’ are as follows: Ajimji Premji The day when the local government school is able to attract children from across the social spectrum, that will … Continue reading

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Transforming India

India is certainly getting transformed. For instance, according to one estimate, by 2010 RIL, in which Mukesh Ambani holds a 52 per cent stake, would overtake companies such as Boeing ($66 billion), Dell ($61 billion) and Microsoft ($51 billion), and … Continue reading

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