global minimum tax impact on india

Consultations, regulation key to the success of banking reforms unveiled in Budget 2021

The government must be wary of pushing through the much-needed banking reforms without a proper cost-benefit analysis and a clear regulatory framework. Read more »
Consumer protection meet Nairobi

Indian economy: Focus on fiscal consolidation will hurt fragile recovery

The spending-to-GDP ratio will be lower than the projected nominal GDP growth for next year, which means the government is going in for aggressive fiscal consolidation when the Indian economy is facing... Read more »
Indian economy

Economic Survey predicts V-shaped recovery, 11% GDP growth

The Economic Survey sees robust growth in investment and consumption as well as a major recovery in services sector that contributes more than half of India's GDP. Read more »
IPEF and the global economy

RCEP: Asia Pacific trade pact will amplify Chinese power

The agreement means the US and the EU will have little say in deciding the direction of the booming Asian economy. Read more »
MSME, recession, export

RBI will resume rate cut spree sooner than later

Economists have warned a repeat of 2010 when the RBI's targeting of CPI inflation led to an industrial slowdown. They say WPI is more relevant for the industry. Read more »
India’s newspapers are facing an existential crisis

Reform or perish: Indian newspapers stare at a crisis of their own making

Print publications need to diversify their editorial leadership by hiring journalists who can lead the digital transformation and set up newsrooms that could handle print, online, audio and video content. Read more »
budget 2022 income tax

How India lost out to China, rest of Asia in economic development race

Santosh Mehrotra interview Part II: A series of policy mishaps ensured that India’s small scale industries did not scale up to face influx of Chinese goods. Read more »
Santosh mehrotra book cover

Government must enlist experts, NGOs in fight against recession

The Covid-19 pandemic and the economic crisis will challenge the competence and capability of India's political and administrative leadership as never before. Read more »
Four years of GST

War on poverty: Fiscal deficit concerns should not restrict government’s response

India should come up with a substantial fiscal stimulus to save the poor and the working class from abject poverty. Read more »
climate change and the record-breaking heatwave

Fall in CO2 emissions not enough to stop climate change

The fall in air and water pollution due to the lockdown is a temporary phenomenon and should not prompt the world to lower the guard in the fight against climate change. Read more »