The Economic Times

₹upee, a ₹eality check

Synopsis India is taking small steps to make the rupee a global currency. This aims to reduce dollar reliance and boost trade. However, past examples from China and Britain show that full currency convertibility is risky. Premature liberalization can lead […]

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GDP measurements: Undercounting services & quality in favour of goods & quantity needs a fix

Synopsis Current GDP measurements, primarily designed for goods, inadequately capture the value of services, which now dominate economies like the US and India. Experts suggest that this leads to a significant underestimation of true economic growth, particularly concerning digital services

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America as a retreating empire is making way for a conflict-ridden world, as well as a weakening America

The end of American dominance may bring global challenges. History shows the fall of empires leads to instability. US-led post-World War II system fostered unprecedented prosperity. Now, this system faces erosion. India’s pursuit of multipolarity may not offset the losses.

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Been there, hyped that: Markets reading jaw-jaw for war-war as political theatre may be right

Following the Pahalgam attack, Indian and international stock markets showed surprising resilience. Nifty 50 even saw a slight increase. This contrasts sharply with the war rhetoric from political figures. Despite threats and counter-threats, markets suggest de-escalation. Investors believe the situation

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