The invasion of Ukraine by Russia is going to take a heavy toll of India\’s economy. Foreign institutional investors (FIIs) have flooded out of emerging markets, stock and bond markets are down, and the trade gap is getting exacerbated by […]
The victory will raise Yogi’s stature very high within the BJP. This does mean that in due course when the BJP looks for a successor to Narendra Modi, Yogi Adityanath will stand out as the leading candidate, “ says Swaminathan
Swaminathan Aiyar on why Modi will be seen as the right person to take growth ahead Read More »
Innumerable customs duty changes in the budget occupy 52 pages of tedious print. This entrenches the current protectionist. The earlier Atal Bihari Vajpayee era of BJP rule went for aggressive tariff-cutting, improving Indian competitiveness and spurring record GDP growth exceeding
It\’s time India realises the economic perils of rising protectionism Read More »
Innumerable customs duty changes in the budget occupy 52 pages of tedious print. This entrenches the current protectionist. The earlier Atal Bihari Vajpayee era of BJP rule went for aggressive tariff-cutting, improving Indian competitiveness and spurring record GDP growth exceeding
It\’s time India realises the economic perils of rising protectionism Read More »
Budget 2022: Highlights Will the ghost of Pranab Mukherjee come back to haunt Nirmala Sitharaman? She has opted for a high fiscal deficit for the third time in a row to keep stimulating an economy still recovering from Covid. This
Nirmala Sitharaman is right to gamble on growth. But she should know it’s a gamble Read More »
The Budget has been widely praised for avoiding populist freebies before the coming state elections and focusing instead on a big investment thrust to accelerate economic growth and lift all boats. The black spot is the failure of privatisation this
FM could privatise 1% at a time Read More »
This is, by design, a ‘boring’ Economic Survey. Anybody seeking clues to the budget proposals in the Survey 2021-22 will be disappointed. Having gone through several changes in the last two decades, the Survey has reverted to an earlier avatar
Economic Survey 2021-22: India is ready for strong, agile FY23 Read More »
Global stock markets will suffer a major crash within the next year. There. I\’ve said it without hedging or qualification. I could have said something more cautious like, \’The chances of a stock market crash have increased considerably.\’ Or, \’The
In a market so full of madness, a big global stock market crash is coming Read More »
Aakar Patel, former head of Amnesty International in India, has savaged the seven years of Narendra Modi\’s rule in his latest book, Price of the Modi Years. Backed by considerable research, it has more credibility than other rhetorical denunciations of
A new book on the Modi years mixes actuality with amnesia Read More »
The International Monetary Fund has projected India’s GDP growth at 9.5% in 2021 and 8.5% in 2022, making it the fastest-growing economy in the world. Deepak Parekh of HDFC, doyen of the private sector, says he is more optimistic than
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