Manmohan Singh will be remembered as the statesman who saved the Indian economy from going over the edge. When he took over as finance minister in the minority government of Narasimha Rao in 1991, the ...

What’s Japan’s Problem with Foreigners? “There may be claims of reformers having been [there] in pre-Narasimha Rao governments, but if there were any, they hid themselves very well.” In this Nov. 11, ...

On the cusp of liberalisation, whose date we mark as July 24, 1991 (when finance minister Manmohan Singh presented his Budget) India and China were at the same stage of economic development. The ...