India Insight

from Global Investing:

Retail volte face confirms India as BRIC that disappoints

December 6, 2011

Jim O'Neill, the Goldman Sachs banker who coined the term BRICs to capture the fast-growing emerging-markets quartet of Brazil, Russia, India and China,  has fingered India as the BRIC that has disappointed the most over the past decade in terms of reforms, FDI and productivity. New Delhi's latest decision to put on hold a landmark reform of its retail sector will only confirm this view.

from MacroScope:

India’s central bank battles alone in inflation struggle

April 19, 2011

INDIA-ECONOMY/RATES What more does India's central bank have to do? Last week data showed March inflation rising to almost 9 percent on an annual basis. More importantly, core inflation is above 7 percent for the first time in 3 years meaning demand-side pressures are rising fast. And that's despite the Reserve Bank of India raising interest rates eight times since last March.

from Global Investing:

What worries the BRICs

December 10, 2009

Some fascinating data about the growing power of emerging markets, particularly the BRICs, was on display at the OECD's annual investment conference in Paris this week. Not the least of it came from MIGA, the World Bank's Multilateral Investment Guarantee Agency, which tries to help protect foreign direct investors from various forms of political risk.

from Global Investing:

Time to kick Russia out of the BRICs?

December 3, 2009

It may end up sounding like a famous ball-point pen maker, but an argument is being made that Goldman Sach's famous marketing device, the BRICs, should really be the BICs. Does Russia really deserve to be a BRIC, asks Anders Åslund, senior fellow at the Peterson Institute for International Economics, in an article for Foreign Policy.

India, China leaders move to ease new strains in ties

June 17, 2009

While Indian Prime Minister Manmohan Singh’s meeting with Pakistani President Asif Ali Zardari in Russia captured all the attention,  Singh’s talks with Chinese President Hu Jintao may turn out to be just as important in easing off renewed pressure on the complex relationship between the world’s rising powers.

from MacroScope:

Victory for emerging BRICs?

March 16, 2009

Emerging market ministers, particularly those from the BRIC economies -- Brazil, Russia, India and China -- are painting this weekend's G20 meeting as a victory in dragging them out of the shadows of global policy-making.