Three communiqués, two approaches, one global economy. In the rarefied world of economic policy-making, where the public and markets are distanced from complex decision-making, communiqués serve as windows into the ambitions, hesitations and geopolitical leanings of powerful economic blocs. Released in October 2024, three influential documents from Brics, the International Monetary Fund’s International Monetary and... Read More
With the rapid rise in internet use in India, the incidents of online frauds/ scams/ cheating has also seen a spurt. Identity theft, social engineering, phishing, skimming, QR code fraud, OTP fraud, frauds using NFC technology, fake cashback links, UPI fraud, etc have now become the buzz words. Fraudsters and scammers are now using advanced... Read More
If south India wants a larger population, it needs to focus on family-friendly policies or encourage migration from more populous states. In 1944, Stalin (Joseph not MK) established the Mother Heroine award for women who had given birth to 10 or more children. In the wake of population decimation during World War II, motherhood was... Read More
These households or persons are generally difficult to approach, or they refuse to entertain survey investigators. Even when they do let them in, much of the data, especially related to income or expenditure, tends to be under-reported. This is a serious problem for a rapidly growing country like India, where incomes are rising at a fast rate.... Read More
India’s push toward electrical vehicles (EVs) by 2030 is a bold and necessary step, aimed at achieving 10 million EV sales annually and creating 50 million jobs across the ecosystem. India’s push toward electrical vehicles (EVs) by 2030 is a bold and necessary step, aimed at achieving 10 million EV sales annually and creating 50... Read More
Seawater must be used for producing this clean fuel, else there will be further pressure on groundwater. Green hydrogen seems to be the centre of action as the clean fuel for enabling net zero emission. As hydrogen has a much higher energy density than alternative fuel choices like propane or gasoline, it can serve as... Read More
From risk management to catalysts for growth. Following the Asian and 2008 financial crises, financial stability became the bedrock on which modern market-based financial systems were designed to withstand shocks. This shaped how central banks globally managed systemic risks, with many, especially in advanced economies like the Bank of England and Sveriges Riksbank, beginning to... Read More
The recent rape and murder of a young doctor in Kolkata has once again ignited national outrage, as protests and demands for justice sweep across India. The brutality of this crime has understandably shaken the country’s conscience, thrusting the issue of sexual violence into the spotlight. However, while it’s necessary to condemn and react to... Read More
India as a major regional power needs to brace up to the reality of climate refugees. As temperatures soar and monsoons intensify, South Asia stands at the centre of a brewing climate disaster. Recent floods in West Bengal, where rivers breached embankments and displaced thousands, have submerged vast lands. In 2023, rainfall surged over 40... Read More
Instead of focussing excessively on rankings with well-recognised shortcomings, recognising achievements and refining goals consistent with national priorities will be a more fruitful approach. Developing global indices and rankings has turned into a minor industry. The Global Competitiveness Index, Global Happiness Index, Global Hunger Index, Ease of Doing Business Index, Corruption Perception Index, Global Go-To... Read More