ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

K SubramanianSubscribe to K Subramanian

Swaps Are for Transformation?

In recent years, central banks around the world - especially in the advanced economies - have taken recourse to currency swaps to keep finance flows. But this is a selective approach that threatens to balkanise global finance.

Ghosts in the Corridor

The shadow of foreign capital, which in recent years has driven the stock market, investment in the private corporate sector and the financial sector in general in India, now hangs over the economy. The exit of foreign capital and the drying up of external funds for the corporate sector have created a turbulence the Indian economy is not used to.

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