The lesson we seem to have learnt is that we should not bother with exporting goods if our remittances and service exports can help us keep our current account deficit modest.
Japan’s experience should be viewed not as an anomaly but as a precursor. It illustrates that an economy can maintain resilience even as growth moderates.
On 25 February 1981, Babu Jagjivan Ram delivered a speech in the Lok Sabha, underlining several issues plaguing the country — from communal riots, atrocities against Scheduled Castes to the condition of the working classes.
In previous eras, a prolonged increase in geopolitical and supply-side risks would have been met with a coordinated fiscal response. This is not the current scenario.
If aligned with public purpose and democratic accountability, impact investment could become an important financial tool in India's journey from an emerging economy to an inclusive, developed nation.
Although economic growth has decelerated, it hasn't collapsed, leading markets to prematurely conclude that global economy has withstood the shock. This conclusion is premature.
In an era of polarised politics and fiscal inertia, the world’s most powerful democracies struggle to issue debt beyond 30-50 years. Yet a private entity has convinced the market of its viability through the year 2126.
For all her promises, Mamata Banerjee soon turned into one more pedestrian politician. Ruthless and disingenuous. Anyone was better than Didi. Even the BJP.
If successful, its exit would mark the first observed passage by an India-linked tanker since a weeks-old US blockade of ships tied to Iran began, pushing Hormuz transits to nearly zero.
On counting day, this special edition of National Interest looks at key takeaways from verdicts in West Bengal, Tamil Nadu, Kerala and Assam. You’d err if you credit or blame BJP’s success only on Hindutva. It’s more than that.
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