The New Delhi Declaration reveals both the possibilities and the limits of a changing world order—and the extraordinary balancing act India must perform within it. There are moments in international diplomacy when what is not...
This headline is impressive. What lies beneath it? Real GDP grew 7.8% in April–June 2026 over the corresponding quarter of the previous year. Nominal GDP grew by 10.3%. Real GVA grew by 8.2%, while manufacturing expanded by 9.2%...
The sharpest gold correction in months is exposing a deeper change in the global reserve system. Gold as suddenly lost some of its shine. Over the three trading sessions ending September 2, gold futures had...
India’s economy continues to present an encouraging picture. Growth is around 7 per cent, infrastructure investment remains strong, consumption is holding up, digital payments are booming and government revenues remain reasonably buoyant. Yet there is...
A nation’s greatest resource is not the number of its people, but the opportunities it creates for them. Maximizing demographic potential requires generating meaningful economic opportunities for youth. Every Train Carries More Than Passengers As...
Few industries illustrate India’s economic transformation better than the automobile sector. In less than a decade, manufacturers have had to prepare simultaneously for electric vehicles, flex-fuel technologies, higher ethanol-blending targets, stricter emission standards, connected mobility,...
The Scale of the Appetite : India is now the world’s third-largest oil consumer, burning through approximately 5.99 million barrels of petroleum per day a figure that continues to climb even as the global energy...
The southwest monsoon has always occupied a special place in India’s economic history. Even today, despite rapid industrialisation, technological progress and the emergence of a diversified economy, the arrival of the monsoon continues to influence...
Rising consumption is increasingly a reflection of rising private costs, not rising well-being—making aggregates a fragile guide to lived welfare. India’s latest consumption numbers tell a comforting story. Household spending is rising, rural–urban gaps are...
The latest assessments of the World Bank, the International Monetary Fund and the Asian Development Bank suggest that the defining challenge of the coming decade is not merely sustaining GDP growth, but improving its quality,...
When Brent crude crossed $126 per barrel in early March 2026, the world took notice. Oil ministers convened. Finance ministries scrambled. But in the warehouses of urea traders in Kandla, in the paddy fields of...
Wars are fought on battlefields, but their deepest economic consequences are often felt far beyond them. Long before military conflicts subside, commodity markets—including energy—become unsettled, shipping routes grow uncertain, and financial markets in India and...