Americans Sick of Obama on Economy

We strongly hope Barack Obama loses the 2012 elections. Americans (including yours truly), who thronged the polls to elect Obama in 2008 have felt totally betrayed by this turncoat. On virtually every issue, Obama has not showed sufficient backbone in pushing back the Republican opposition to his policies. Nor has he been bold in addressing […]

Quotes of the Day – Henry Paulson

So, you think U.S. Treasury Secretary Henry Paulson is a smart fellow because he’s in the news all the time lately following the collapse of the U.S. financial system. As the heavens was falling over America, here’s what this dodo had to say over the last few months: It’s a safe banking system, a sound […]

Doing Business – India Worse than Ethiopia, Bangladesh

A new report by the World Bank and International Finance Corporation places India at a shameful No-122 in the ease of doing business. India ranks behind countries like Ethiopia, Pakistan, Bangladesh and Uganda in the 2009 ranking on the ease of doing business. India did slightly better (Rank: No-120) in the 2008 Doing Business study. […]

BSE Sensex Defies Gravity; Hits 20,000 Mark

On Monday, the Indian stock market sent a strong message of the economic vibrancy in the country to visiting U.S. Treasury Secretary Henry Paulson by driving the BSE Sensex to a record high of 20,000 points. The BSE Sensex is an index of 30 large and actively traded stocks on the Bombay Stock Exchange. After […]

Kerala Model Under Scrutiny

Kerala is that odd state in India with a high rate of literacy and life expectancy, higher quality of life compared to other Indian states and possibly the highest rate of migration of its people in search of better prospects. The Kerala model of high investment by the state in education and healthcare for its population […]

India will Continue to Lag China in FDI

China will continue to remain the preferred investment destination for businesses – not India – over the next five years, according to a new report. China will continue to significantly outpace India in attracting foreign direct investment between now and 2011, according to the report from the Economist‘s Economist Intelligence Unit. FDI inflows into India are set […]