modern India
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The Making of India’s Forex Fortress
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By Amey Chitale
Part 2: Three decades after the 1991 crisis, India’s record Forex reserves have transformed the country from a crisis-prone borrower into an economy with a formidable external shock absorber.
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Three decades ago, India had so few dollars...
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From Two Weeks to 11 Months: India’s Forex Revolution
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By Amey Chitale
Part 1: The journey from US$1.2 billion in reserves to US$729.3 billion is one of India’s great economic transformations. Part I examines how the foundations were laid.
India once had enough foreign exchange to pay for barely two weeks of...
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The Indian Youth: Between Inheritance and Choice
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By Rajeev Kejriwal
The morning sun does not discriminate. It rests just as gently on the ancient stone steps of a river ghat as it does on the glass façade of a technology park. One carries centuries of memory, the other is busy...
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