Throughout India's post-Independence history, only about 10 per cent of workers have received a regular monthly or weekly wage with at least one social security benefit
The IMF is unwilling to counter the recent upbeat sentiment. But with conditions set to worsen, complacency is likely to have a high cost
Modi believes that demonetisation will confiscate ill-gotten wealth and distribute it to the poor
We can choose optimistic rhetoric and trust in technology but if we don't face up to the challenges soon, they might overwhelm us
Schools in the national capital lag even the generally dismal quality of India's primary and secondary education
Greek debt will eventually be written down. Doing so in driblets will only drag the process out while the Greeks hurt. Until then, the Greek test will need to be taken again -and again
The world economy is in worse shape than since the United States tremors initially rolled across the globe in 2008
He channelled the cry for change into an electoral platform. But the government has neither the mental model nor the political courage to effect real change
The obsession for a 'strong' leader can prove dangerous as leadership changes in a democracy rarely have beneficial economic effects
India's obsession with cricket, a sport with more decorum than athleticism, means the country is content with mediocrity
The RBI should push for growth and get the government to work on lowering inflation
Orderly rupee depreciation, a lower fiscal deficit and credible stress tests for banks are essential to stave off crisis
A strong rupee policy will deepen the very vulnerabilities it is trying to ward off