The Generally Accepted Principles and Practices for sovereign wealth funds (known as the Santiago Principles) represent a notable experiment in voluntary multilateral cooperation. Yet recent critiques fundamentally misunderstand their nature and purpose, treating them as mere transparency guidelines rather than a comprehensive macro-financial governance architecture. This misreading ignores both their historical context and contemporary relevance—a... Read More
Planners in India need to look at whether they are investing in the most sustainable and cost-effective transit solutions. Among the various aspects of Viksit Bharat by 2047, an urbanised India is sure to be a principal one as it is expected that urban India will be the engine of growth in this transformation. Let... Read More
There’s ambiguity on the applicable tariffs on several products. India should sort this out before finalising a trade deal with the US. The US has brought uncertainty into global trade given the announcements, amendments, postponements, legal blockades, and legal backings to reciprocal tariffs imposed on goods imported from across the world. As the largest economy... Read More
India’s economic growth over the past few decades has been impressive, but the benefits have not reached everyone equally. While urban areas and formal sectors have prospered, many in rural and informal economies remain excluded. The long-anticipated ‘trickle-down’ effect has not materialized, emphasizing the need for inclusive and employment-oriented policy interventions. Technological advances, especially Artificial... Read More
Although digital means have helped facilitate business transactions, the advent of UPI is yet to make a pronounced change in the manner in which many Indian firms handle their day-to-day transactions, considering that many of them have still continued to rely on petty cash An active area of research is the cash holding behaviour of... Read More
Water must be treated as a finite economic resource, not a limitless political entitlement. This requires tough reforms. Water underpins nearly every aspect of human well-being, from food security and sanitation to clean energy and public health. Yet, as cities expand, industries grow, and agriculture continues to dominate water use, we are confronting a sobering... Read More
Whether it be a scorching summer vacation or puja holidays, a cozy winter getaway, or just a spontaneous weekend escape—one destination always finds its way to the top of every Bengalis travel wishlist: Puri. For generations, Bengalis have shared an unshakable bond with Odisha whether it’s for this coastal gem or because of the DhauliGirihills... Read More
Irrigation investments yield the best outcomes when paired with timely access to quality seeds, fertilisers, credit, and extension advice. n India’s agrarian landscape, the relationship between irrigation and cropping decisions has long been treated as linear, where expansion of irrigation infrastructure is expected to lead to changes in cropping patterns, particularly a shift toward more... Read More
As the monsoon season nears, cities across India prepare for the same story to play out once again. Flooded streets, stalled traffic, stranded commuters and inundated homes are no longer rare disasters; they are routine. In Delhi, Mumbai, Bengaluru and Chennai, the question isn’t if streets will flood but when and how badly. Each year... Read More
Industry-aligned skilling programmes, convenient modes of commute to the workplace and remote work opportunities will present them with a pathway into the labour force. In a population, there are individuals who belong to the labour force — either employed or seeking work — and those outside the labour force — neither employed nor seeking work.... Read More