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| 03-02-2009 | Livemint.com |
The financial crisis hasn’t spared Asia. According to the Asian Development Bank, aggregate gross domestic product (GDP) growth for Asia, excluding Japan, is forecast to fall to 5.8% in 2009, down from 6.9% in 2008 and 9% in 2007. To solve its slowdown, Asia’s economies need to start on a new track of domestic consumption and investment... More » Asia should change lanes |
| 16-01-2009 | Livemint.com |
India is still a poor country. But it has recently made a fortune on trust: it has become the country where Fortune 500 companies entrust sensitive data, banks their back-office operations, and patients their health. The Satyam Computer Services Ltd scandal raises disturbing questions about the risks of doing this kind of business with India. So ... More » Allow the market to punish malpractices |
| 25-12-2008 | Livemint.com |
Banker after banker comes at regular intervals with his CEO’s cheerful face on Indian television explaining how little the exposure of his/her bank has been to the now-defunct Lehman Brothers. Time and again (and at times almost daily) the finance minister-until-recently used to beam out of television channels trying to reassure the panic-st... More » Nothing to rejoice about |
