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The collapse in exports to Afghanistan is an unnecessary and self-inflicted wound. The news that Pakistani exports in the current financial year may be in the region of $1bn, a drop of nearly a third, and down from a high of $2.4bn in 2011, is unsurprising.

 

Maharashtra and Madhya Pradesh have now joined a lengthening list of states that have announced costly bailouts for farmers. Their profligacy is bad news for India.

 

Three years of drought, that is the state of the nation. The monsoon of hope is a long way away. Yet the dream has not soured; a reflection perhaps on the nature of our Republic.

 

The recent farmers’ agitation in Madhya Pradesh is indicative of the unaddressed distress and pain of Indian farmers since the 1960s.

 

No large country can become rich without manufacturing the goods that are consumed or demanded by its people. Most services — especially the basic, low technology and low value-added services — will anyway be produced within the country.

 

Strong and credible institutions aid a country’s growth. In pursuit of this goal, the law governing Reserve Bank of India was amended last year to introduce a framework to squarely target inflation.

 

The Reserve Bank of India (RBI) will announce its decision on Wednesday, after its Monetary Policy Committee (MPC) concludes its two-day meeting. The US Federal Reserve will announce its decision exactly a week later, after the Federal Open Markets Committee concludes its two-day deliberations. Both will be keenly watched.

 

India’s economy, or gross domestic product, grew a disappointing 6.1% in the January-March quarter of 2016-17. This growth rate however was not surprising.

 

Shock therapy can work, even in India, but not without leaving some burn marks. The World Bank’s latest India Development Update attempts to make another assessment of the impact of the Narendra Modi government’s demonetisation experiment.

 

 

Finance minister Arun Jaitley has made a lucid and compelling case for why the government should divest stake in Air India.

 


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Review
 
 
 
 
spotlight image India’s Vice President Mohammed Hamid Ansari visited Armenia recently to celebrate 25 years of diplomatic relations between the two countries.
 
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The US has slammed Pakistan for failing to crackdown on terror groups operating from "safe havens" inside its territory, and said the Nawaz Sharif government did not take any action against the LeT and JeM, which continue to operate openly.
 
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In dispatching its  PLA (Peoples Liberation Army)  marines to Djibuti in the Horn of Africa on Wednesday (July 12 ) by amphibious ships, from the southern port of Zhanjiang, China has taken a significant step in enhancing its  trans-border military footprint.
 
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It is becoming increasingly obvious that China is experiencing a sort of superiority obsession, imagining it can dominate and conquer the world. Several Chinese acts in the recent past indicate such an attitude. Asian nations, which are now apprehensive about China’s aggressive postures, are unclear how matters will shape up.
 
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Men of letters have outstanding world views, but sometimes their views on the situation in the Valley are coloured by lack of practical appreciation of the ground reality.
 
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For many of us in India — and, indeed, in the rest of the world — the Chinese economic story has been seen for what it is: a country determined by its leadership’s sheer will to lift its people first out of paddy fields
 
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IS retired Gen Raheel Sharif commanding a ghost army? Government representatives have insisted that so long as the terms of reference of the Saudi-led Islamic Military Alliance to Fight Terrorism are not finalised, Pakistan’s participation cannot be determined.
 
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  The U.S. administration’s decision to slap sanctions on 18 Iranian individuals and entities on Tuesday, only a day after it certified to Congress that Tehran was compliant with the conditions of the nuclear deal, sums up its strategic resolve in taking on the Islamic Republic and the tactical dilemma it faces while doi
 
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S.T. Lee Distinguished Lecture of the Lee Kuan Yew School of Public Policy, Singapore on "India, ASEAN and Changing Geopolitics”
 
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Interview with Hudson Institute’s Aparna Pande, whose book From Chanakya to Modi: Evolution of India’s Foreign Policy, was released on June 17.

 
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This is the continuing amazing spiritual journey of a Muslim man from Kerala who plunged into Vedic religion after a chance encounter with a Hindu mystic under a jackfruit tree in the backyard of his house when he was just nine. It is a story w...

 
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History is told by the victors but in our modern age, even contemporary events get - or are given - a slant, where some contributors soon get eclipsed from the narrative or their images tarnished.

 
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Humans have long had a fear of malignant supernatural beings but there may be times when even the latter cannot compare with the sheer evil and destructiveness mortals may be capable of. But then seeking to enable the end of the world due to it...

 
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Title: Reporting Pakistan; Author: Meena Menon; Publisher: Viking/Penguin Random House; Pages: 340; Price: Rs 599

 
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