Economics excites economists no end, and bores the rest to death. The Economic Survey is an ideal tome for the bedside, and a perfect cure for insomnia. Having realized this in his short tenure, the...
Imagine a river over which we need to build a bridge at a particular spot. Two aspects are fundamental to the construction plan: The location which decides the kind of bridge that can be built...
It was one of the most awaited budgets in recent times, expectations were on both extremes – that the Finance Minister will present a typical pre-election year populist budget while another set of people expected...
The annual report of the Reserve Bank of India for financial year 2011-12 was recently published and is available in the public domain for analysis. Central Bank balance sheets have been under enormous scrutiny since...
While the EU agrees that it needs a banking union, sorting out the details is somewhat tricky. Despite slow progress at the Cyprus summit, a common banking supervisory by January 2013 seems increasingly unlikely. In...
In March, EU countries endorsed the fiscal treaty and ESM rescue fund. Now, on the last day before the parliamentary summer break, Germany’s upper and lower houses are expected to ratify it. But there is...
26 out of 27 EU member states have backed a tax and budget pact to tackle the eurozone debt crisis. The 17 countries that use the euro have all agreed to the deal. Except UK,...
