News Snapshot:
Nouriel Roubini is a gifted pragmatist who unfairly got the dark moniker, Dr Doom, for foreseeing the 2008 subprime crisis. If others had listened to him then, the massacre of the American and the world economy could perhaps have been averted. Last week, Professor Emeritus at the Stern School of Business again predicted troubled times for most leading economies. Except one. And that is India’s. Besides citing demographic edge, democracy, and pent-up growth potential, Turkish-born Roubini pointed to a slew of measures that India has taken which are directly and indirectly yielding results. He praised India for building public digital...
