India has dived deep into exploration and development of offshore mineral resources with the first tranche of 13 blocks, spanning across the Arabian Sea and Andaman Sea, put up for e-auction. This auction and exploration is being touted as a historic step toward resource independence while strengthening the country’s commitment to achieving net-zero emissions by […]
GDP growth of 5.4 per cent in July-September is a seven-quarter low and is higher than anticipated. While the situation is expected to improve as government spending restarts, the road ahead is not easy amid inflation concerns, poor earnings outlook and Trump’s protectionist zeal. India’s Gross Domestic Product (GDP) growth numbers for the July-September quarter […]
The 29th UN Climate Change Conference (COP 29 or the 29th Conference of the Parties), recently held in Baku, Azerbaijan, has come to a close, leaving a trail of mixed results. Despite intense discussions and wide participation, one of the key areas—climate finance for vulnerable regions—remained unresolved. While developed nations pledged USD 300 billion annually […]
Will India be able to become the world’s third largest economy, overtaking Japan and Germany, by 2027? Will the impetus be on Tier 2 and 3 cities to push forward this growth story? The leap from the 8th largest to the 5th largest economy over 10 years saw India’s Gross Domestic Product (GDP) grow by […]
Donald Trump administration’s protectionist stance and its ‘America First’ policy could potentially trigger tariff wars between the USA and other economies, say some. However, the China+1 strategy augurs well for emerging economies like India, argue others. It is still a mystery as to which side the camel would sit. Donald Trump’s re-election as the President […]
The United Nations in early 2024 said that the world was on the verge of a climate abyss and the international target of 1.5C would be broken. Climate change is real and there is little alternative to replacing fossil fuels quickly. The 2050 net zero targets envisaged by the UN consider decarbonisation as an indispensable […]
The ongoing West Asia conflict has sparked fears of supply disruptions resulting in an oil price rally while demand slowdown in China and India is raising fears of a likely crash in prices Global crude oil prices have remained volatile for more than a month now, rising and falling sharply on both demand and supply […]
While the Fed now wants to arrive at a compromise between inflation and growth, the decision is easier said than done. It will have to walk on a tight rope for next few months amid geo-political escalations that could spiral inflation again and potential recession if the high tax rate regime stays. The federal reserve's […]
The jury is still out on the probability of a US recession. The US Federal Reserve lowered its benchmark interest rate by 50 basis points on September 18, for the first time in four years, in an aggressive start to a policy shift aimed at bolstering the US jobs market. The Fed has projected to […]
Digital highways can significantly improve firm productivity, create new-age start-ups, and benefit citizens across sectors, aiding higher and sustainable economic growth. This is best exemplified by India’s Unified Payment Interface (UPI), which transformed the payment universe from street vendors to large shopping malls, dramatically improving service delivery efficiency through instant digital payment solutions using mobile. […]