The run on the yen continues.The US dollar and euro are at new multi-year highs against the yen. The BOJ confirmed its JPY80 trillion monetary base target unexpectedly adopted at the end of last month....
India is not a member of the APEC notwithstanding its long history of cultural and commercial exchanges with several APEC members. While this might seem odd, the absence is not difficult to explain. India was...
At a summit in Fortaleza, Brazil, BRICS countries launched a slew of initiatives, including two new international financial institutions: A new development bank and a joint monetary fund. The leaders of five of the world’s...
The failure of the French retailer Carrefour announced in June 2014 raises questions about the advantages of France in India. Failure of a company or failure of French companies in general?.Misperception of India by French...
Many Brazilians are loath to see their rival Argentina win the World Cup at the Maracana on Sunday. However, as this Great Graphic from the Financial Times beyondbrics blog, shows, Brazil is falling behind another regional rival, Mexico, in...
The Indian government has presented plans to open its railways to foreign investment. It said the crumbling network needed a speedy overhaul, and that public-private partnerships would be encouraged. India unveiled plans on Tuesday to...
Narendra Modi was being widely discussed in China in the week before the election results were announced in India. Several Chinese scholars and researchers I met in Shanghai were curious to find out the prospects...
The Organization for Economic Cooperation and Development (OECD) expects slower global growth in the decades ahead. It blames ageing Western populations and lagging productivity in emerging economies for the slowdown. Global gross domestic product (GDP)...
Spain woke up to the surprise of King Juan Carlos abdication recently, after his almost 40 years in power and a number of corruption scandals over the last few years. His son Felipe seems to...
Recently China’s largest online direct sales company Jingdong, or jd.com (JD), successfully launched its initial public offering and raised $1.8 billion on the Nasdaq. Very soon, its domestic rival, Alibaba (ABABA), the largest e-commerce company in China, as well...
Corruption and black money are two sides of the same coin. When illegal gratification is earned through corruption or payment of bribes the income so generated is black. This is one of the means of...
After sixty years of Independence and experiencing almost two decades of economic growth, India’s healthcare system is far behind those of other emerging economic powers. It is widely acknowledged that health is pivotal for human...