In 400 words: Raghuram Rajan
A short analysis by Gateway House on what you can expect from Raghuram Rajan, the new Chief Economic Advisor to the Government of India.
A short analysis by Gateway House on what you can expect from Raghuram Rajan, the new Chief Economic Advisor to the Government of India.
Front running is a form of insider trading, where investment banks use customers' trading information to trade for themselves, ahead of their clients. This practise results in huge losses to the investors, and abates trust in financial markets. How can the Volcker Rule contain this practice on a global scale?
India seems to be treading down the path of fruitless populism that crippled many countries in the past, most notably in Latin America. But like Latin America, India too can embark on a course-correction by implementing pragmatic economic policies alongside progressive but results-driven social spending.
Is India's growing external debt a cause for concern? Are India's public sector banks too big to fail? Gateway House interviews former Whole Time Member of SEBI, Prashant Saran, to discuss the health of India's financial sector.
The past decade has seen a significant rise in trade and investment flows between India and the Latin American and Caribbean (LAC) region. With an international system in flux, it is time for India and LAC to work together to shape a global order that better reflects current economic realities.
As the revelations pile up after the LIBOR rigging incident, it seems Europe and Britain are more committed to enforcement action than America. Real conservatives believe fully in market capitalism, that prices must come from uncorrupted market signals. Could this start a sea-change for enforcement globally?
China is quick in providing loans to execute domestic and international business plans, and returns are often forgone in the quest to own market share. Faced with an economic slowdown, will Beijing be able to sustain such unconventional economic policies? Or will its banking sector prove to be its Achilles' heel?
Although India’s trade with Latin America has increased considerably, there is still much potential to be exploited. India’s should adopt an aggressive market oriented strategy by identifying local partners wherever possible to enable Indian companies to penetrate the region.
Latin America is witnessing an exponential rise in regional integration of business houses. The resource-rich nature of most Latin American economies has led to an inward concentration of investment, which makes it an extremely interesting prospect for Indian investors.
The concern with piracy is in our waters is three-fold: the threat to Indian-owned vessels and Indian citizens; the difficulty in dealing with piracy and hostage-taking on the high seas; and finally, squeezing the organized industry. Can India play a leadership role in this effort?