Standard and Poor’s changed the outlook on India’s credit rating to negative, but kept the rating at BBB. This is just above junk, but the highest India’s been in a while. Read more

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The Hindustan Times is about halfway through a series on India and its neighbours. The links for the first three articles are below. Two more are on the way. For various reasons, mostly illogical, the series eventually chose Pakistan, Sri Lanka, Nepal, Bangladesh and Myanmar. Bhutan, the Maldives and Afghanistan were given a miss. China is much bigger an issue than just a neighbour. Read more

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Recently in conversation with the chief executive of Pakistan’s Trade Development Authority and discussing what India and Pakistan could together on the economic front, he proposed the two countries once again seek a common geographical indication of basmati rice. Read more

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Several days ago I was a guest of the Institute of International Strategic Studies at its 2012 geoeconomics conference. Geoeconomics, as its name implies, is the study of political economy that has strategic consequences. And there could not be a more apt place for this than Bahrain, the home of the IISS’s outpost in the Middle East. Read more

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