India is energetically pursuing Free Trade Agreements (FTAs). It has signed deals with the UK, EFTA, UAE, Oman, and Australia. It has finalised negotiations with the European Union, a really big market, and ratification by EU members should follow next […]
Why trade deals can’t help India become a major apparel exporter Read More »
Synopsis The India-US tariff deal has been widely criticised as a coerced compromise. While US tariffs on Indian goods have been cut from 50% to 18%, the reduction is largely a rollback of Trump-era economic pressure, not a generous offer.
India-US tariff deal is a ‘humiliating’ cave-in Read More »
Synopsis India’s economy is set for strong growth, exceeding expectations. The Economic Survey highlights rising productivity as a key driver. However, concerns remain about private investment and the impact of freebie culture. Global uncertainties loom, but India is seen as
India’s economy running a marathon & challenges sprinting too Read More »
Synopsis India’s democracy faces challenges as politicians often prioritize personal gain over public interest. However, the nation’s constitution, crafted by unelected individuals, established vital independent institutions. These bodies, like the Supreme Court and armed forces, command public respect. They provide
The unelected guardians of Indian democracy Read More »
Led by Thomas Piketty, leftist economists protest that inequalities are getting intolerable, so the richest should be taxed severely. Countering this, Jeff Bezos of Amazon pointed out last year that company founders had frequently made minority shareholders extremely wealthy. He
Taxing the rich? The middle class would much rather join them Read More »
Donald Trump is advertising his abduction of Venezuela’s President Maduro as hard-nosed realpolitik. Without putting troops on the ground, he says Washington will do business with Nicolás Maduro’s lieutenants, secure oil, and put American companies — notably Chevron, Exxon Mobil,
To put it crudely, Big Oil will scupper Trump’s Venezuela plan Read More »
Trump has triumphed over critics, including me, in 2025. His state of the union message in January foretold a sharp rise in tariffs, and dismantling of the global rulesbased economic system as well as the US’ role as global policeman
In 2026 Trumpism could fail but that might not affect India Read More »
Synopsis Despite initial fears of a global recession due to Trump’s protectionist policies, the US and India experienced robust economic growth in 2025, fueled by an AI boom and lower-than-threatened tariffs. However, a potential AI sector slowdown and rising inflation
Synopsis Many Indian analysts and politicians have long argued for a multipolar world. They now have it, formally spelled out in American English. Yet, it’s no cause for celebration at all. China, which claims Arunachal Pradesh as its own, continues
Opening the nuclear power sector to private investors is desirable. But India should proceed cautiously without rigid targets, ready for sharp changes in the investment mix as required. The govt has announced the opening of nuclear power to the private
Push, not rush. India shouldn’t lock itself into nuclear power Read More »
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