Ruchir Sharma, who tours India before elections, speaks on why 2019 polls are the closest yet, at Firstpost Salon
Ruchir Sharma knows that while phrases like ‘global investor’ are likely to go over people's heads in a discussion, a story on how a village in Uttar Pradesh came to chant the phrase UP ki chaabi, Dimple bhaabi will have exactly the opposite effect. The first is what he does for a living, and the second is an example of the experiences he seeks out in India’s villages just before every election.
Ruchir Sharma will be the featured guest at the next Firstpost Salon, a series of conversations with India's best minds and biggest names. He will be in conversation with Network 18 Group Consulting Editor Praveen Swami, discussing the state of the Indian democracy in the run-up to the 2019 general elections.
World Bank ease of doing business ranking: Higher FDI inflows is okay, but why is it not boosting economic growth?
Gross fixed capital formation (GFCF), which is an indicator of investment in the economy, has also been going down steadily – from 34.31 percent of GDP in 2011-12 to 28.5 percent in 2017-18
There is no imbalance in the Indian banking system, just a distorted perspective; privatisation isn’t the only solution
Public sector banks narrowed the performance gap after 2000. Perhaps, popular perception hasn’t caught up as yet.
Why Ruchir Sharma' s caution on an unbalanced banking system is unlikely to find any takers in the Modi govt
Going by the signals, it is very unlikely that the Modi government will rethink PSB privatisation.
News18's Rising India Summit: BJP, Congress' war of words on unemployment underlines intertwined nature of politics, economics
It is claimed that politics and economics are two different realms. However, as India's experience shows, the two can never be completely separated.
News18 Rising India Summit: India's foray into world market is services and not manufacturing-centred, says Paul Krugman
In the session right after Krugman’s, Ruchir Sharma, head of the Emerging Markets Equity at Morgan Stanley Investment, said that low-end manufacturing, which may seem unglamorous on the surface, is what will spur growth.
News18 Rising India Summit: Morgan Stanley’s Ruchir Sharma warns against dominance of state-run lenders; says it is choking banking sector
There is regulatory overkill in the Indian banking sector because private banks will keep lending, but central banks are still holding assets
The Narendra Modi government’s involvement in the ‘Rs 45,000-crore telecom scam’ — the charge raised by the Congress party on Friday — is prima facie, far from a scam.
Joseph Stiglitz, has said that India should focus on “rapid rate economic growth” and not get “overly obsessed with inflation,” which can then turn into greater problems like joblessness
Sharma, who has authored a new book, The Rise And Fall Of Nations: 10 Rules Of Change In The Post-Crisis World, says if there is one factor that stands out in India's favour it is the inflow of foreign direct investment, which touched a record level of $51 billion last fiscal.
In a chat with Firstpost, Ruchir Sharma talks about his new book 'The Rise and Fall of Nations', the global economy, Brexit, Rexit and Narendra Modi
Ruchir Sharma says all major reforms should have been done in the first two years
Going by the report, in India too, the crony wealth as a percentage of GDP has fallen drastically from 18 per cent of GDP in 2008 to 3 per cent in 2016.
Couple of recent markers suggest that the Modi regime is working behind the scenes to ensure a cleaner and more efficient government which was part of its campaign promise in 2014.
The global economy is down and the US is the only growth engine left. But it is not strong enough to pull all economies out of slowdown as China is slowing. India's revival will depend entirely on domestic reforms and investment
Ruchir Sharma, Head Of Emerging Markets and Global Macro, Morgan Stanley Investment Management has dismissed all the hoopla about Prime Minister Narendra Modi's maiden visit to the United States. While the first year of the Modi government should not be judged too soon, Sharma says it is the Budget next year that will be the make or break for the government.<br />
India's recent economic failures are the result of the breakdown in accountability at the Centre, says Ruchir Sharma. But mass-based leaders in states are faring much better<br /><br /> <br /><br /> <br /><br />
Ruchir Sharma's panelist in the NDTV discussion referred to earlier was Arun Shourie. He called the current rupee crisis a swadeshi crisis. It is time that the government realised this as well because the first step in solving any problem is recognising that it exists.