Word: inflationitis
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Inflation in India has hit a 13-year high, but you wouldn't know that as you walk around the Infiniti Mall in Andheri, a Mumbai suburb. The young men and women - many of whom are aspiring models and film stars (the Bollywood studios are not far from here) - are...
Visiting a stall that serves bhelpuri - a mix of puffed rice, dough, tomato and coriander that is the quintessential Mumbai snack - I find that the price has gone up from 37 rupees a plate to 42 (about $1), in line with the current inflation rate of 12%. I ask the...
Over the past decade, economists have been divided about the great Indian boom. For one party, the Indian economy's amazing growth rates indicate that the country is a nascent superpower - an America in the making. As evidence, they can point to the growing clout of Indian firms like Bennett...
The Indian economy is slowing this year, but even if it grows at only 7% or 8%, it will be doing far better than the U.S. and most of Europe. The Indian multinationals that have grown out of the 10-year boom look as strong as ever, with outsourcing giants...
The $10 million raised collectively by Polis and his opponents reflects contemporary campaign inflation, says Kareem Crayton, associate professor of law and politics and a congressional elections expert at the University of Southern California. "It's a sign that the cost of running federal campaigns is skyrocketing and not just...