Sunil Jain (1963-2021) was Managing Editor of The Financial Express. He passed away on May 15 due to post Covid-19 complications. Known for his insightful and unsparing commentary on business and economy, Jain was often a lightning rod for many an intellectual and policy debate. A graduate of Delhi School of Economics, he wrote extensively on issues like regulatory capture, highlighting details of faulty decisions by the telecom as well as various electricity regulators.
Jain started his journalistic career as a reporter in India Today in 1991, and then moved on to heading all business and economy coverage for The Indian Express. After working for six years in the Express, he worked with Business Standard for eight years, and then joined The Financial Express. Jain wrote two books based on the results of NCAER’s annual household survey and was the co-author of ‘Caste in a Different Mould’ on the role of education and location and occupation in social and income mobility across caste groups.
While a certain amount of extra spending can’t be ruled out, this has to be kept at a minimum. If it is not, the bond markets will get even more spooked than they are right now, interest rates will rise and, to that extent, will dampen whatever industrial activity there is right now.
The era of both easy money and easy growth is over,thats the central message that Ruchir Sharma,the head of emerging market equities for Morgan Stanley,seeks to convey in his first book Breakout Nations.
Bertrand Barre,Scientific Advisor to the chairman of Areva,the worlds largest supplier of nuclear reactors,answers questions on the safety of nuclear power post-Fukushima and the new NSG guidelines. He was accompanied by Arthur de Montalembert,the head of Arevas Indian operations. Sunil Jain,Opinion Editor,The Financial Express, moderated the exchange.