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Would setting up an autonomous fiscal council outside the control of the government work in the Indian context?
The consequences for the domestic economy will be harshly adverse.
There has clearly been a Modi effect in the assembly polls, but but whether or not there is a Modi wave in 2014 will depend on just how the BJP uses the momentum it has now gathered. And the stunning performance of AAP in Delhi signals the arrival of the urban discourse into national politics and the breakdown of identity politics of yore.
One grieving mother camping outside the ranch where President Bush is on vacation has made her countrymen sit up and introspect about the war the US is waging in Iraq. Cindy Sheehan, mother of army specialist Casey Sheehan who died in the Sadr City section of Baghdad on April 4, 2004, and other family members who too have lost their loved ones, have become the new face of opposition to the war in Iraq.
The Chinese side is of the opinion that the real conflict between China and India is not at the LAC but on the development front
RBI’s draft disclosure framework on Climate-related financial risks is a welcome step, but there are challenges ahead
India is staring at its fourth recession since Independence, first since liberalisation was initiated, and in all likelihood — the worst till date.
As BIMSTEC pushes for transport connectivity, it stands to gain from other, complementary transport connectivity projects that are emerging in the region. BIMSTEC can also take advantage of extant policy designs, and aligning its projects with the various national, bilateral and multilateral projects either ongoing or being planned. Given India’s key role in BIMSTEC — owing not only to its geographical location but also its capabilities — i
