Asian Development Outlook- April 2025
<p>Weak consumption in the People’s Republic of China will partly offset robust domestic demand in South Asia. Disinflation is expected to continue, driven by lower food and energy prices, along
Economic Development
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A safety valve!
Alarmed by super rapid industrialisation in Asia and the Pacific, the Asian Development Bank suggests urgent corporate voluntary action and diluted regulations
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Nothing for local communities
Economic considerations override conservation priorities in India s biodiversity act
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The last resort
In 1995, the Reserve Bank of India (RBI) instituted the banking ombudsman: a quasi judicial authority to address banking complaints. Dissatisfied bank customers have the option of approaching this authority when all else fails. Says P Shimrah, secretary to the Banking Ombudsman, "We encourage complainants to approach their respective banks before coming to us.
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Regional Trade Agreements dividing north south trade?
The World Trade Organization (wto) was supposed to be the driver of free trade in a globalised economy. But this does not seem to be the case. Regional trade agreements (rtas) seem to be ruling the
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Two-nation theory
In a country so sharply divided between wealth and poverty, luxury and survival, the widening gap between what politicians say and what they do will lead to disaster <br>
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Sinha's trick
Sinha will make life even more miserable for Indians. Wealth will come about but at the cost of the environment
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Learning from mistakes
I have written this before and I want to repeat it again: The Western economic model which we are following with such keenness is a highly toxic model. Toxicity is inherent in it. It is built
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Stupid growth
The Sensex stock index has risen by 75 per cent since April this year. The rupee is at a three year high. Global investment analysts Goldman Sachs predict that India is the fastest growing of the
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2005: after non-governance
Last fortnight, I wrote about my visit to a governance graveyard called the Union ministry of environment and forests. I also promised to pen a few more thoughts on the subject. Given that the
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No free lunches in India
It seems that the people who matter in this country have a simple enough formula for life and liberty. We should open up the market, create opportunity for the organised industry, mix and stir, and