Prime Minister Narendra Modi’s appeals to postpone gold purchases, avoid foreign travel and conserve fuel do not signal an imminent crisis. They do expose the constraint: India must earn or conserve the dollars needed for essential imports.
PM stresses the need for India to strengthen its manufacturing base, technological capabilities and defence preparedness, while expanding its role in the global economy.
Central to China's growth model was the property sector — housing construction, land sales, and real estate investment. The consequences of that dependency are now becoming evident.
Multiple companies have invoked the principle of ‘force majeure’, which lets a party off the hook in case of unforeseen ‘acts of God’, to avoid penalties.
The latest World Economic Forum outlook for the year shows a modest improvement in confidence, but mounting concerns over debt, AI-driven volatility and a fractured trade order.
Survey says that India, in light of significantly-changed external scenario, needs to focus on domestic growth drivers and reduce regulations impeding them.
Cooperation levels have flatlined over the past 3 years, at a precarious time for global economy and security, when the past year was hottest on record.
As BRICS transitions into BRICS 10, China leverages this expansion to promote its vision of a multipolar world, while India’s cautious stance remains a focal point in Chinese strategic discussions.
Space technologies will increasingly permeate everyday life, continuing to enable innovations like smart watches, advanced pharmaceuticals, and extreme weather alerts.
The transition to renewable energy, digitalisation of the economy and pressure to keep pace with developments in cutting-edge technology all hinge on a select few minerals.
Repeated changes in cotton import duty have prioritised textile competitiveness when mills face high input costs. But policy can also put pressure on farmgate prices.
Covid was beyond human control. Unleashed a fiscal response that sent inflation up all over the world. Ukraine and Iran are man made disasters. Hurting the developing countries – food, fuel, fertiliser. Also the affluent countries. Really surprised, also pained, by how tepid the response of Europe and East Asia has been to President Trump’s war of choice. India, of course, has no reason to thank its I2U2 partners for all that has happened since 28th February.
Covid was beyond human control. Unleashed a fiscal response that sent inflation up all over the world. Ukraine and Iran are man made disasters. Hurting the developing countries – food, fuel, fertiliser. Also the affluent countries. Really surprised, also pained, by how tepid the response of Europe and East Asia has been to President Trump’s war of choice. India, of course, has no reason to thank its I2U2 partners for all that has happened since 28th February.