After watching the relentless fall of the Indian rupee for 18 months with saintly restraint, Finance Minister P Chidambaram declared on August 12 that he would cut the Current Account Deficit (CAD) — the excess outgo over receipts of foreign exchan
The recent collapse of the global supply chains that threatened to integrate the world without borders, have left economists and statesmen bewildered. Over a century ago, British economist Alfred Marshall said economics meant political economy. Wh
India’s trade policy through 2014-24 has seen both hits and misses, fortunately more hits than misses. Getting a permanent peace clause at the WTO for our food security schemes in 2014, walking out of the RCEP agreement in 2019, and focusing on FTA
The Indian stock market has experienced a remarkable surge in market capitalization, expanding from USD 1.1 trillion in December 2013 to USD 4 trillion in December 2023. This extraordinary growth signifies a fourfold increase within the last 10 years
On September 2023, JP Morgan announced that it will include Indian government bonds to it’s emerging markets bond index. India will be included in the GBI-EM global diversified index starting June 28, 2024. Currently, 23 Indian government bonds wit
Last month, a leading multinational German investment bank published a report on fiscal health of key 17 States in India.[1] The report was based on four key fiscal parameters i.
E-Commerce globally is on the rise. Relentless innovation in technology, endless consumer’s demand for variety of products and services, digitalization drive, advent of internet, OTT, and Covid-19 pandemic have propelled the world economy to witnes
The state government of Uttar Pradesh is working diligently to grow the state's economy to $1 trillion and boost its share of India's GDP from the current 8% to 15–16%. The "One District One Product (ODOP)" programme was one crucial programme that
The contribution of services sector[1] to the Indian economy is well-recognized. With a significant share of over 50% in gross domestic product (GDP) (Economic Survey, 2021-22, M
US President Harry Truman entangled in an array of economic views had famously asked for a “one-armed economist”.[1] A team of economists pronouncing “On the one hand,