India’s liberalisation policy has put the economy back on the path to recovery. The bureaucratic constraints, which denied India growth and prosperity ended as the government introduced a series of economic reforms in 1991. The macro-economic indicators prove the point, indicating improved export performance, a stable currency and declining interest rates. The manufacturing sector and […]

When the Barings crisis first hit the headlines, there was a clearly identified villain to blame. One of the City’s great financial institutions had been brought to its knees by a champagne-swilling, yacht-owning, reconstructed Thatcherite yuppie who spent his life in Singapore barking instructions down a mobile phone in between mouthfuls of caviar. It is […]