Globally, the number of international migrants reached 244 million in 2015 for the world as a whole, a 41 per cent increase compared to 2000. This rise in the number of international migrants reflects the...
“Differentiated banks” are niche banks as they operate in specific sectors, under a different regulatory framework. The idea of “differentiated bank” was initially proposed by the RBI constituted Nachiket Mor Committee for financial inclusion (January...
The Indian Rupee (INR) is surprisingly strong proving many analysts wrong. In a world where emerging market currencies experience decline, the INR has been appreciating steadily. From a low of Rs.68.77/USD in Feb 2016, the...
India’s nuclear policy is now believed to be placing a greater emphasis on China instead of focusing on archrival Pakistan. But this is not to be mistaken as a shift in the nation’s nuclear doctrine,...
Inflation is not only a key leading indicator of an economy that gives headwind direction to the anticipated pace of economic activity but also a factor that is capable of bringing down a government if...
In terms of postulates of both Purchasing Power Parity Theory and Portfolio Balance Theory of the exchange rate, the domestic currency is expected to have a depreciating bias. India with a higher rate of inflation...
India is getting ready for its most ambitious tax reform in decades but not everyone is happy about the changes. The Goods and Services Tax (GST) is intended to draw millions of firms into the...
Last September I wrote that the troubles Syria is going through may well be due to climate change – specifically, to a decline in rainfall that has made agriculture less viable and forced people to move out...
Fiery protests by farmers in two key Indian states ruled by Prime Minister Narendra Modi’s Bharatiya Janata Party have tossed a simmering agrarian crisis into the spotlight. Murali Krishnan reports. It has been a season...
Not much progress has been made so far on reaching a free trade agreement between India and the European Union. But such a deal would be mutually beneficial, German economic researchers show in a fresh...
Has India’s economic development led to convergence or divergence? One answer can be obtained from inequality. The Gini coefficient of per capita expenditure was 0.35 in 1951 and 0.34 in 2010 – hardly any change...
Entering an evolving market is akin to stepping into a minefield. How does one exploit such a market with enormous potential, but where the risk of policy quagmire is also equally probable? One way is to...