Category Archives: Macro Economy

Rolling like a coin: the evolution of money down the ages

by Nupur Pavan Bang1 This book review was first published in The Hindu on November 26, 2013 http://www.thehindu.com/todays-paper/tp-business/rolling-like-a-coin-the-evolution-of-money-down-the-ages/article5391773.ece  Easy Money: Vivek Kaul Sage Publications India Pvt. Ltd. B 1/I-1, Mohan Cooperative Industrial Area, Mathura Road, New Delhi-110044 Rs 395   … Continue reading

Posted in Interview, Macro Economy | Tagged , , , , , | Leave a comment

Superman or not, Raghuram Rajan has indeed made a difference

by Puran Singh[1] and Nupur Pavan Bang[2]   This article was first published in the business section of www.rediff.com on October 28, 2013 http://www.rediff.com/business/special/special-superman-or-not-raghuram-rajan-has-indeed-made-a-difference/20131028.htm   “I am not a superman”, he says, but the reaction of markets to his initiatives … Continue reading

Posted in Macro Economy, Regulations | Tagged , , , , , | Leave a comment

Where angels fear to tread

by Kaushiki Sanyal[1]   This article was first published in the Times of India, The Crest edition on June 29th, 2013 http://www.timescrest.com/opinion/where-angels-fear-to-tread-10620 The government is rushing to allow foreign universities to set up campuses here without really debating the move … Continue reading

Posted in Macro Economy, Regulations | Tagged , , , | Leave a comment

Duvvuri Subbarao: Green Horn that Locked Horns

by Puran Singh[1] and Nupur Pavan Bang[2] This article was first published in the business section of www.rediff.com on September 11, 2013 http://www.rediff.com/business/slide-show/slide-show-1-special-duvvuri-subbarao-green-horn-that-locked-horns/20130911.htm “May you live in interesting times. I can hardly complain on that count. I had come into … Continue reading

Posted in Macro Economy, Regulations | Tagged , , , | Leave a comment

Punishing India’s love of gold will not yield result

by Puran Singh[1] and Nupur Pavan Bang[2]   This article was first published in the Financial Times, Beyond Brics, on September 10, 2013; http://blogs.ft.com/beyond-brics/2013/09/10/guest-post-punishing-indians-love-of-gold-will-not-yield-results/?#axzz2eZQyQtBv     “Getting married this year would be very costly for me. With gold prices at … Continue reading

Posted in Investment, Macro Economy, Regulations | Tagged , , | Leave a comment

A bit on the virtual currency

by Nupur Pavan Bang[1] and Khemchand H Sakaldeepi[2] This article was first published in the Hindu Businessline, Investment World, September 07, 2013; http://www.thehindubusinessline.com/features/investment-world/market-watch/a-bit-on-the-virtual-currency/article5104362.ece   The first time I heard of a currency issued by an institution, apart from the Government … Continue reading

Posted in Macro Economy | Tagged , , , | Leave a comment

Why is Gold so dear to everyone?

by Puran Singh[1] and Nupur Pavan Bang[2]   This article was first published in the business section of www.rediff.com on August 28, 2013 http://www.rediff.com/business/slide-show/slide-show-1-special-why-is-gold-so-dear-to-everyone/20130829.htm#1   ‘Dear’ to people, but not so ‘dear’ to Indian Government at the moment. Or rather, … Continue reading

Posted in Business General, Macro Economy | Tagged , , , | Leave a comment

A case for lobbying in India

India needs to legitimize lobbying. But the scope and extent of lobbying needs to be defined carefully by law. Continue reading

Posted in Macro Economy, Regulations | Tagged , , , | Leave a comment

The Falling Rupee

This article was first published in the business section of www.rediff.com on June 14, 2013 http://www.rediff.com/business/slide-show/slide-show-1-special-the-falling-rupee/20130614.htm#1 Slowdown in the Economy The issue of the relationship between development of financial systems (including currency markets) and economic fundamentals has been a much … Continue reading

Posted in Macro Economy | Leave a comment