Are elections bad for the rupee?
In a short post over at the Economist’s Banyan blog, I try to evaluate the relationship between the rupee and India’s electoral cycle.
India
A rupee reading list
Ajay Shah, one of my favourite writers on the subject of the Indian economy, has a column in the Economics Times this week on why the Ministry of Finance needs to be reformed. His blog post on the subject was a lot more trenchant and expansive, but sadly has since…
A Sisyphean Task
At the time of writing this post the Indian rupee has lost 17% of its value against the US dollar since early May, while the Nifty has dropped by around 14%. The RBI and the government have undertaken a series of mostly short-term measures to curb the rupee’s fall, from…
A great relationship?
Some notes on David Cameron’s visit to India and the Anglo-Indian bilateral relationship in the Huffington Post. Last week the UK prime minister, David Cameron, was in India making a strong pitch for bilateral trade, talking of the potential for a “great relationship” to be formed between the two countries….
Trivial Pursuits
An interesting tidbit from Ram Guha’s masterly book, India after Gandhi. I wish we were taught more of our post-Independence history in school. For some reason the NCERT seemed to believe that history ended in 1947, with everything that came after relegated on the civics and economics textbooks.
Go Goa!
Before we left, we tried to understand the term susegad. From a variety of travel guides and internet resources, we gleaned the following : Susegad, is a way of life in Goa. It’s roots lie in the portugese word socegado which – loosely transalated – means ‘laid back’. A less…
Barefoot in Bombay
How exactly do you end up shoe-less in South Bombay on a slow Sunday evening? You could try being me for a few hours! It all started when this modern day Cinders expressed a desire to see Bombay. (Do you also get the feeling that this is going to be…