US President Trump has practically dismantled USAID, citing reasons of waste and corruption. While this will affect critical aid programmes, particularly in Africa, this may be beneficial in the long run US President Trump has virtually abolished USAID, the country’s […]
USAID closure may be blessing in disguise Read More »
The US has presented a fact sheet to justify Donald’s Trump’s demand for a ‘fair and reciprocal’ trading system, causing consternation globally. It says the US is one of the most open economies in the world, but others close their
Why India should be more open and thank Trump for forcing tariff cuts Read More »
India is currently providing support to multiple groups, but the most to the Big Three — Tata, Ambani and Adani. This risks endless subsidies and protection for investments that never become competitive. Industrial policy is now favoured by govts the
‘Chaebol’ model for Indian firms needs rethink Read More »
Just as Trump pulled the US out of the WHO and Paris climate agreement, he can surely leave the WTO too. Why should other countries, accounting for 85-88% of world trade, not carry on without the US? By declaring that
India should work towards a Trexit from WTO Read More »
In her budget speech, Nirmala Sitharaman proposed a high-powered committee to deregulate licences, certifications, permissions, inspections and other hurdles to ease of doing business. This committee would look into non-financial sectors, while a similar committee for the financial sector would
Babu-jis dheere chalna, bring in AI for ease of doing business Read More »
Once upon a time, the USSR looked poised to overtake the US before collapsing. Similarly, tepid growth and trade barriers may derail China’s plans to rule the 21st century This article was originally published by The Times of India on Feb
Has China peaked? Will it meet the same fate as the USSR? Read More »
The US has been the top economic power since WW 1. It is being challenged by China, now the second-largest economy. Australian Strategic Policy Institute (ASPI) estimates that China is now ahead of the US in 37 of 44 hi-tech
The government often speaks of the need to expand the tax base. But raising the tax exemption limit from ₹7 lakh to ₹12 lakh will contract the tax base substantially This article was originally published by The Times of India on
Why raising tax exemption limit is good politics but bad economics Read More »
The middle class swooned with delight at the tax cuts in the budget, but the stock markets barely moved. Why so? Because finance minister Nirmala Sitharaman‘s speech about a bright future was silent on the sharp, continuing fall of Indian stock markets and
Decoding the Budget: Two Cheers, the third depends on Trump effect Read More »
The Economic Survey projects GDP growth of 6.3-6.8% in the coming financial year, with manufacturing—a key concern—growing at 6.2%. It hails “stellar progress” in bringing government finances on track, an indication that Saturday’s budget will project attainment of the five-year
Economic Survey: Fundamentals strong, time to ace China+1 play, says Swaminathan S Aiyar Read More »
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