Expert Zone

If change does come in 2014

By Apurva Shah
November 29, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

The market is pregnant with expectations of a change after the general elections which must be held by next May. You would have to travel far and wide before you come across anyone in India’s financial market who is not hoping – even praying – for change.

Invisible hand of market at work

By Apurva Shah
October 21, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

Asian financial crisis and lessons for India

By Apurva Shah
August 31, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

Several economists have gone to great lengths to say that India in 2013 is not facing a repeat of the 1991 balance-of-payments crisis or the Asian financial crisis in 1997. Clearly, the crisis India faces now is unique – as most economic crises usually are.

Budget 2013: A high-calorie budget

By Apurva Shah
March 4, 2013

(Any opinions expressed here are those of the author and not of Reuters)

India’s left-leaning government believes in the ‘eat more, burn more’ philosophy in managing its finances. Budget 2013 takes that idea further with an even stronger projected rise in spending.

What we want to see in Budget 2013

By Apurva Shah
February 12, 2013

(Any opinions expressed here are those of the author and not those of Reuters)

Over 15 years have passed since P. Chidambaram presented what was called the ‘dream budget’. It was a budget that changed the discourse of financial policy and offered a vision of India matching the growth and dynamism of the tiger economies of Southeast Asia.