The announcement of the national logistics policy is a timely step, but it needs to be accompanied by efforts to improve the country’s rail, air, road and water transport networks. Read more »
The Federal Reserve has already raised its benchmark interest rate by two-and-a-half percentage points since March without making much of an impact on prices. Read more »
While there is general agreement on the need for big tech regulation, the powerful digital firms are resisting all attempts towards this goal. Read more »
Finally, India will have a large-scale semiconductor industry unit, but the industry’s long-term success will depend on the country’s unpredictable tax and regulatory regimes. Read more »
An expanded BRICS can serve the geo-strategic and economic interests of emerging economies and developing nations by unleashing non-aligned diplomacy. Read more »
The Russia-Ukraine war may lead to a European recession that threatens to destroy Europe’s industrial prowess and high living standards. Read more »
India slipped to 132nd position in 2022 on the Human Development Index (HDI) from 130th with the country falling behind the global average on all four indices. Read more »
As the G7 looks to tighten the screws on Russia, Putin will lean on neighbour China and long-time ally India to import more of its crude oil. Read more »
Lacklustre GDP, inflation numbers mar the celebrations as Indian economy pips the UK to become the fifth largest. Read more »
PhonePe leads in UPI transactions with almost 50% market share, followed by Google Pay (38%) and Paytm Payments Bank (17%). Read more »