Page 4 - Jaimini Bhagwati

Jaimini Bhagwati: The rupee's risky overvaluation

India should let the rupee drift lower against the dollar predictably, consistent with higher Indian inflation

Jaimini Bhagwati: Correcting tax and disclosure anomalies

Loose disclosure norms for money from abroad have serious implications for systemic risk

Jaimini Bhagwati: Trust deficit worries

One of the urgent tasks ahead for the new government should be to improve public trust in the executive

Jaimini Bhagwati: Are stock prices inflated?

Despite what partisan fund managers are projecting, the rise in the Indian equity market has to be evaluated carefully

Jaimini Bhagwati: Dubious mergers and worse

The author discusses the many forms of fraud in Indian mergers

Jaimini Bhagwati: Foreign policy, declassified

The author explains how and why the external affairs ministry should declassify its files

Jaimini Bhagwati: The problem with public sector banks

Reform of state-owned banks is crucial in order to introduce competitive efficiency

Jaimini Bhagwati: Lessons from the NSEL fiasco

The government must take steps to end the gaps in regulatory oversight

Jaimini Bhagwati: A worrying new way of splicing risk

Regulators are not studying new bonds that have emerged since 2008 thoroughly enough

Jaimini Bhagwati: Draining tax havens

Regrettably, another voluntary disclosure scheme may be needed to strengthen India's foreign exchange reserves

Where are we?

India suffers from the rise of interest groups focusing on selfish gains, in the belief that someone else will pick up the pieces

Beyond banker bashing

The lesson from the West for India is that banking should be kept simple

The rupee and risks

As the rupee falls to new lows, the author reviews India's external sector risk indicators

A better place for business

India lags the world in attracting investment, because the country is seen as unfriendly to business

Corporate group-run banks: why now?

The opportunity cost of allowing firms to run banks seems to outweigh the intended higher lending and competition

Will tax havens fall apart?

India can gain from joining the West in taking firm action against tax havens

Jaimini Bhagwati: Defying dogmas on central banks

Throughout the developed world, central banks are being pushed into reconsidering what 'independence' means

Jaimini Bhagwati: The lure of gold

Despite the problems it creates for current account deficit and currency management, weaning Indians off gold is difficult

Jaimini Bhagwati: India - buy and hold

Global investors would be well advised to take into account region-specific GDP growth rates and focus on investing over longer horizons

Jaimini Bhagwati: Anticipate financial tsunamis

The World Bank-IMF meetings in Tokyo show the extent of policy makers' worries about global economic prospects