From the early 1990s, India embarked on easing capital controls. Liberalization emphasised openness towards equity flows, both FDI and portfolio flows. In particular, there are few barriers in the face of portfolio equity flows. In recent years, a massive increase in the value of foreign...

The structure and extent of interlocking directorates within Indian business groups is studied and analyses the performance effects of such interlocks. It finds that large groups tend to have more interlocks and more heterogeneous the group is, lesser are the interlocks. [IGIDR WP-2003-001].

This article reviews the regulations and governance reforms carried out in India with respect to auditor and audit committee independence. In doing so it critically compares them with the regulations existing in the US. This is followed by a discussion of the existing research on the...

This study examines how the economic effects of elections in rural China depend on voter heterogeneity, for which religious fractionalization is taken as a proxy. [BREAD Working No. 366]. URL:[http://ipl.econ.duke.edu/bread/papers/working/366.pdf].

The objective of the paperis to obtain the inputs of stakeholders and to generate a discussion on the appropriate policy relating to cross media and ownership restrictions in India. The comments of all stakeholders on the issues discussed in this Consultation Paper is sought. The paper has been...

Climate change is one of the most important issues of the next decades and has the potential to severely impact societies, economies and human wellbeing.

A comprehensive and logically rigorous analysis of the issues raised by the recommendation of the Chief Election Commissioner N.Gopalaswami for the removal of Election Commissioner Navin Chawla, the President’s rejection and the developments that followed.

Whether timing of the elections leads to riots or not within India. In other words, does timing of elections instigate riots? Using time series crosssectional data for 16 major Indian states for the period 1958 – 2004, it is found that scheduled elections are associated with increase in riots

BUDGET SPEECH 2011-2012 by DR. ABDUL HAFEEZ SHAIKH, Minister for Finance, Revenue, Economic Affairs, Statistics and Planning & Development.