The Indian economy grew by 7.8 per cent in Q1 FY27, better-than-expected, despite a challenging global environment. India’s growth story continues to draw strength from resilient domestic demand. Despite geopolitical tensions, volatile commodity prices and an uneven monsoon, economic activity has remained relatively firm, supported by healthy private consumption, a revival in investment, improving employment […]
Chair of the Federal Reserve of the United States, Kevin Warsh’s hawkish message at Jackson Hole has jolted expectations ahead of the US Federal Reserve’s September policy meeting, reviving bets of a rate hike later this year. While the new Fed chief stopped short of offering explicit guidance, his warning that the central bank still […]
AI can help decarbonise complex systems, but its rapidly growing physical footprint is testing power grids, water supplies and corporate climate commitments. The outcome will depend less on the technology’s promise than on the choices organisations make now. The paradox behind the promise Artificial intelligence (AI) is often described as an intangible technology: an algorithm […]
The Monetary Policy Committee’s decision to keep the repo rate unchanged at 5.25 per cent came as no surprise. With inflation still being driven largely by food and fuel prices, and growth holding up better than expected, there was little incentive for the Reserve Bank of India (RBI) to either tighten policy or signal an […]
The Reserve Bank of India (RBI) is deploying a multi-pronged strategy to strengthen the country’s foreign exchange reserves, ease domestic liquidity and shield the rupee from mounting global uncertainties, signalling a shift from reactive intervention to pre-emptive reserve building. The central bank’s latest package of measures to attract foreign currency inflows comes at a time […]
The era of “move fast and break things” in AI didn’t just slow down—it was handed a 90-minute eviction notice by Washington. When the US government retroactively pulled Anthropic’s most powerful consumer AI models, Mythos 5 and Fable 5, from the global market via an export control law, it sent a shockwave that India cannot […]
Every industrial revolution has been defined by a breakthrough technology. Steam power mechanised production in the eighteenth century, electricity transformed manufacturing in the nineteenth, while computers and the internet ushered in the digital economy. Today, the world stands at the threshold of another transformation—one driven not by a single invention but by the urgent need […]
The easing of tensions in West Asia following the recent US-Iran peace understanding marks a significant turning point for the Indian economy, which had weathered the conflict with remarkable resilience. The changing geopolitical landscape is expected to support stronger economic growth, lower inflation, healthier government finances and greater external stability, reversing earlier fears that the […]
The Reserve Bank of India (RBI) announced a series of measures to liberalize the Foreign Currency Non-Resident (Bank), or FCNR(B), deposit framework earlier this month. Beneath the technicalities lies one of the central bank’s most significant macroeconomic interventions since the special FCNR(B) swap scheme that helped stabilize the rupee during the 2013 currency crisis. By […]
E-commerce HomeGoods giant Wayfair recently established its new Global Capability Centre (GCC) in Bengaluru, marking a major expansion of its global technology and operations footprint. Partnering with management consulting firm Zinnov, the Boston-headquartered online retailer built the centre to tap into India’s e-commerce talent ecosystem. The centre focuses on high-ownership technical teams that directly enhance […]