Yes, says the latest HSBC report a PTI despatch says. The financial wealth in the Asian region is likely to overtake the American wealth, says this report. Being a high profile HSBC report there is much attention being given. An estimated 80 trillion dollar, more than tripled since 2001 and if the current trend persists…
Category: Economics
We seem to be living through an uncertain time?
Where are our sense of freedoms? Security? A hopeful world? All these questions arise, mainly owing to the leadership vacuum at the present time of the world? The USA is led by a very capable leader in Barack Obama. But he seems to be giving a feeble signal to the rest of the world. We…
Our economic future!
Our agriculture future! What professional economists say might not be what the common man sees and says! For a change let us look at some of the broad contours of the Indian economy. To put it in common man’s language: is the Indian economic growth okay? By looking at the global trends, there is still…
Right to food security?
It is possible because our agriculture is modernised by industrial strength and economic growth! Food bill is not election rhetoric? The Central government legislation, Right to Food Security Act is a welcome development as other welfare schemes. In the present context, there are so many state-level welfare schemes, so many, almost covering every aspect of…
Indian economy and polity in crisis
What are the ways out? You need to have a confident leadership! This much is admitted by everyone in the country. But then what are the reasons? At best, the PM is keeping mum but his chief economic advisory council expert, Dr.C.Rangarajan says something. As for the Finance Minister, he is just the opposite! He…
Natural gas price doubled!
We welcome it? More than the pure economics, the economics costs involved, such high-stake sectors like natural gas, coal and even the benefitting sectors like power generation and fertiliser industries that would be the biggest users of natural gas, it is the worry about the transparent governance, transparency behaviour of the political class, the bureaucracy…
“Let there be bread!”
India progressively on the sidelines? Does India matter in the international arena? Who care for our diplomats and bureaucrats? Whenever we go abroad it used to be considered only courteous to call on the Indian diplomats at our embassies. So too at the other international foras, like UN agencies. In Geneva it used to be…
India-China thoughts
What is new and what the lessons? We have to engage with China, no other way! India has to engage China: in trade, diplomacy and also of course in true understanding of the people and the country’s rulers. China is now on everyone’s minds. The big leaders, the common people, not just in China and…