Against the backdrop of sanctions, geopolitical fragmentation, and armed conflicts, volatility in global energy markets poses a direct challenge to India’s growth strategy.
Subsidies are here to stay. Worryingly, subsidy expenditure will likely increase as Indian politicians try to meet a wider set of aspirations through more diverse freebies.
Paper co-authored by SBI chief economist Soumya Kanti Ghosh underscores how policies geared towards boosting real income and reducing inflation could help hike savings rate in India.
Gujarat is a classic case of a corporate-led development model which involves increasing prosperity for the rich, but very little benefit of growth trickles down to the poor.
The US and Israel’s assassinations of Iranian leadership ended up bestowing martyrdom on those killed. Shias saw the deaths as a continuity of martyrdom from the Battle of Karbala.
India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.
Theaterisation, which aims to divide the forces into three theatres with specific areas of responsibility, will become the single most far-reaching reform that the Indian military has witnessed since independence.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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