India’s Free Trade Agreement with the European Union is being sold as a diplomatic breakthrough. Some in Europe have called it the “mother of all deals”. India should treat it as something else: a compliance test that can be turned into a growth lever only if domestic systems are fixed first. That is why the hard work... Read More
As India hosts the AI Summit this week, the event must be viewed not as a technology showcase, but as a development inflection point. Artificial Intelligence is rapidly becoming foundational infrastructure — comparable to electricity, highways, or digital payments. The central question before India is whether AI will remain a private efficiency tool or evolve... Read More
While the India-New Zealand Free Trade Agreement (FTA) strengthens India’s position in the Asia-Pacific, the India-Oman Comprehensive Economic Partnership Agreement (CEPA) deepens economic ties with the Middle East. The proliferation of trade deals in 2025, amid rising geopolitical tensions, is an attempt to recalibrate India’s strategic diplomacy with its trade partners. The path-dependency component adds... Read More
India today finds itself at an unusual and potentially transformative juncture in the global economic order. On one side lies the long-negotiated India–EU agreement — often described as the mother of all deals — impenetrable with market access, regulatory standards, and long-term discipline. On the other is the rapidly deepening India–US economic engagement — increasingly... Read More
The oil shocks taught India a painful lesson: management without measurement is a vulnerable idea. Minerals now occupy the same position that oil once did, but across more sectors. The oil crises of the 1970s have never quite left India’s collective memory. What tends to get lost, however, is that the real failure of that... Read More
Summary Large dams remain central to India’s irrigation and food security strategy Evidence shows command areas outperform non-command regions in agricultural income Nearly one-third of total benefits arise from indirect impacts such as health and education Governance gaps and inequitable distribution dilute potential gains In India, large dams evoke strong and often irreconcilable emotions. To... Read More
When work is exhaustive, commutes are long, and phones are an easy distraction, leisure reading becomes a luxury. India has long nurtured the image of a “reading society”, a civilisation rooted in the written word. We celebrate the chaos of book fairs, obsess over the rigours of curriculum reform, and fret incessantly over the learning... Read More
India has a framework of policies and programmes aimed at supporting older persons, but these are under-utilised and under-resourced relative to the scale of need. At 101 and 92, the two sisters lived alone in a senior citizen housing complex in Pune, a bustling city. Former freedom fighters and fiercely independent, they were determined to... Read More
The deal creates economic and strategic opportunities, yet its sustainability will depend on how adjustment costs are managed and how quickly firms are enabled to become competitive. After nearly two decades of intermittent negotiations, India and the European Union have finally moved towards a comprehensive trade agreement that is being billed as both economically significant... Read More
Economics often feels abstract, something that exists in charts and equations rather than in everyday life. But once the jargon is stripped away, it looks surprisingly familiar. It behaves a bit like a bicycle. It needs motion to stay upright, balance to move smoothly, and constant adjustment as the terrain changes. Push one part too... Read More