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Search Result for “Bankruptcy”

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OPINION

Modi needs to have less power, not more of it

News, Mihir Sharma, Published on 23/05/2019

» India's long and exhausting general election is almost over. One of its casualties has been the reputation of the Election Commission of India, the constitutionally independent body that oversees the polls.

OPINION

Does Modi deserve a second term?

News, Mihir Sharma, Published on 30/05/2018

» Four years ago this week, Narendra Modi was sworn in as India's prime minister amid the kind of excitement and expectation not seen in decades. Not for 30 years had a single party won an electoral majority. Mr Modi's success, his rhetoric and his background all seemed like a decisive break with India's past.

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OPINION

Modi's misguided economics will catch up with him

News, Mihir Sharma, Published on 02/05/2017

» It's been almost three years since Narendra Modi took over as prime minister of India -- but, in many ways, it feels longer. Mr Modi's domination of Indian politics, and of Indians' imagination, is complete; no alternative seems possible, every challenger has been defeated. But bad economics has a habit of catching up with its practitioners eventually. And for all his political success, Mr Modi's mismanagement of the Indian economy may yet be his downfall.

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OPINION

No end in sight to India's slow-motion bank crisis

News, Mihir Sharma, Published on 01/03/2017

» India's slow-moving banking crisis continues to drag on, as ponderous and unstoppable as the state-controlled banking sector itself. A recent study found that the gross "non-performing assets" of state banks rose by 55% in 2016, and 135% in the last two years. They now account for 11% of all state bank loans.