BUSINESS
Trump or Harris? Ruchir Sharma explains why US election outcome won't affect India
He contrasted this with India’s approach, saying, "India cannot replicate China's extreme growth model due to our commitment to welfare spending. Instead, our focus should be on privatisation and infrastructure development to drive growth."
INDIA
No government in India has ever won an election when inflation is high, says Ruchir Sharma
Citing his research, Sharma said that in India, there have been about 30 odd instances when a Chief Minister or a Prime Minister has delivered economic growth of 8 per cent or more during their term
BUSINESS
PM Modi should now focus on his legacy, think about empowering states: Ruchir Sharma
While acknowledging these broader issues, he emphasised that India can do a lot more to improve the domestic business environment.
BUSINESS
UPA-era welfarism led to severe imbalances by 2012-13, economy saw some correction under NDA: Ruchir Sharma
In an exclusive interview to Network 18's Zakka Jacob and Bodhisatva Ganguli, Sharma said the second term of the UPA government was more about welfare than economic growth.
BUSINESS
Capitalism of today very different from what founders had in mind: Ruchir Sharma
He described the early 20th-century capitalism as "very raw," where there was minimal support for the unemployed. In contrast, the current system is marked by a "culture of constant bailouts" and "constant stimulus," which he believes is detrimental.
INDIA
Ruchir Sharma recalls 'underwhelming' meeting with Rahul Gandhi in 2007, says Congress leader has now transformed
Despite the incredible amount of negativity he's faced in politics, Rahul Gandhi has persisted with it and people now are seeking to give someone else a chance, said Sharma
BUSINESS
Full transcript of Ruchir Sharma's exclusive interview to Network18
In an exclusive interview to Network18's Zakka Jacob and Bodhisatva Ganguli, prominent investor and Chairman of Rockefeller International Ruchir Sharma speaks about his new book on capitalism, his roadtrip in the run up to the Lok Sabha polls, and the upcoming presidential elections in US. Here's the full transcript:
BUSINESS
India's challenging business environment, 'sense of fear' drive entrepreneurs abroad, says Ruchir Sharma
Sharma, Chairman of Rockefeller International, noted that the general macroeconomic management of India has been “reasonably good”. However, the microeconomic side and overhang of investigative agencies remain a concern, driving away domestic talent.
