India, which contributes USD 35 billion annually to textile exports, has set its sights on an ambitious goal of USD 100 billion by 2030 with the 5F vision of “Farm to Fibre to Factory to Fashion to Foreign”. After a 7.87 per cent decline from USD 37.16 billion in 2018 to USD 34.24 billion in […]
The thrust laid by the government on capital expenditure (investment) over the last few years aided post-Covid recovery and ensured support to the growth momentum. Given the uncertainty amidst persisting global headwinds, the government’s thrust on public capex on physical, social and digital infrastructure will likely continue, but at a moderate pace in the coming […]
A thinking man’s intellectual, Dr Manmohan Singh was one of the finest economists his era had seen; a gleaming example of a doer who silently did his job. As India mourns the loss of Dr Manmohan Singh, who passed away on recently in AIIMS, New Delhi, there is a feeling of disbelief. If we could […]
Seen as an inflation hawk, Shaktikanta Das navigated India deftly through the Covid-19 crisis. But he has demitted office at a time when economy is slowing and a 4 per cent inflation target remains an unfinished agenda. Shaktikanta Das’s eventful tenure as the 25th Governor of the Reserve Bank of India (RBI) ended this […]
The wave of sustainability-related regulatory changes in Europe may soon breach Indian coasts. The EU is among India’s key export markets after the United States. India’s bilateral trade in goods with the EU reached USD 137.41 billion in 2023-24, with imports at USD 61.48 billion and exports at USD 75.93 billion. While EU is India’s […]
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 […]