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Read Adam Smith's 'The Wealth of Nations' but don't misread his Invisible Hand

New Delhi, March 12 -- In 1776, the year 13 American colonies declared independence from Britain, Adam Smith published his magnum opus An Inquiry into the Nature and Causes of the Wealth of Nations; 9... Read More


India's fintech boom is loaded with moral hazard and could trigger a crisis at the slightest shock

New Delhi, March 2 -- India's economy is growing fast. The speedometer looks impressive. The engine, however, is increasingly running on debt. The Reserve Bank of India's (RBI) Financial Stability Rep... Read More


Powell probe: The politics of marble could weigh heavily on the Federal Reserve as an institution

New Delhi, Jan. 15 -- Washington has discovered a new scandal and it involves neither classified documents nor foreign donors. It involves marble. We now have quantitative easing in Carrara. The US De... Read More