Liquidity, Valuations and the Limits of Domestic Capital India’s equity market has surprised many investors over the past two years. Despite persistent foreign institutional investor selling, weak net foreign direct investment (FDI), subdued private capital expenditures and a depreciating Rupee, the broader markets have not fallen and proven remarkably resilient.…
The Brutal Nature of a Large and Cheap Workforce Ms. Nithya (name changed) works in a private school in Tamil Nadu. She gets to school by 9 AM and leaves around 5 PM. The school she works for hasn’t paid a salary for two months and she has no contract.…
A Case for Higher Interest Rates In India As the Rupee remains under pressure and oil prices continue to rise amid tensions in the Middle East, the debate has shifted towards what the Reserve Bank of India (RBI) should do next. Economist Janak Raj has argued that raising interest rates…
Participation of Women in the Workforce and Advancing Progress There is more poverty in this world than many of us realize and would like to comprehend when confronted by the facts, and this is also true with India. Recently, I visited several villages in Tiruvannamalai District in Tamil Nadu State…
Growth and Prosperity Data Meet India and China’s Realities Economic growth is important for generating prosperity. India as well as China has helped millions be lifted out of poverty using separate development trajectories. Still, questions about income distribution remain a difficult topic that policy makers in both nations often are…
Income Comparison via Two Distinct Districts: Tiruvannamlai and Madurai India is a vastly developing economy, but its national accounting frequently relies on formal sector performance to extrapolate the conditions of the informal economy. Despite official statistics continuing to rise, the economic reality of rural India remains largely unchanged. Recently, I…
Iranian War and Implications for India as Energy Prices Cause Vulnerability India is currently facing mounting external economic pressures as rising global crude oil prices weaken the Rupee, widen the current account deficit, and increase the risk of imported inflation. As one of the world’s largest energy importing nations, India…
Vijay: A Stunning Victory by an Actor Turned Politician in India When the Tamil Nadu state election results were announced this Monday, many people were stunned that a party with barely two years of political existence had managed to unseat parties that had dominated the state for more than 75…
India Needs Sustainable Water Security With Improved Infrastructure India’s population has been expanding at a rapid pace and stands at 1.4 billion. Due to the urbanization process, industrialization in cities like Chennai, Mumbai and Delhi must continue to emphasize improving public infrastructures in order to maintain vital growth. The growing…
Indian Households Face Rising Expenditures for Hospitalization and Critical Care Many households in India face unexpected hospital expenses that have become almost routine in today’s environment. Rapid urbanization, unclean drinking water, poor air quality due to carbon emissions and industrialization have hit low and middle income homes harder than upper…
Is India Still ‘The Country of the Future’? In 1991, when India’s foreign exchange reserves had dwindled to barely three weeks of import cover, the government pledged its gold to the Bank of England. It was a moment of humiliation and, paradoxically, of liberation as the crisis forced an opening…
Indian Expat Labour and Recalibration Realities The skyline of Dubai, once a symbol of untouchable prosperity, now sits under a shadow of regional recalibration. As Reuters recently noted, Dubai has successfully transitioned to a non-oil economy, with oil accounting for less than 2% of its GDP. It is now a…
