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For Mahalakshmi R., who has been riding a bike taxi for nearly two years, every increase in fuel and food prices directly cuts into her daily earnings. What was once enough for three modest meals a day is no longer sufficient. “I earn an average of ₹700 to ₹1,000 each day, depending on the number…
Read More “Rising prices in Tamil Nadu and a ship-sized hole in household budget” »
U.S. President Donald Trump and Chinese President Xi Jinping, take a walk through Zhongnanhai Garden, in Beijing on Friday. | Photo Credit: ANI U.S. President Donald Trump completed his visit to the People’s Republic of China(PRC) on May 14 and 15, 2026, a first in nine years. As the most consequential bilateral relation, the entire…
Read More “China’s new worldview and the future of global politics” »
Rising geopolitical instability in West Asia is forcing a reassessment of how India’s macroeconomic strength is measured. As of March 2026, this instability has translated into active macroeconomic stress. The rupee has depreciated to a record low of ₹95 per dollar, the Indian basket of crude oil hit $156.29 per barrel, and the Reserve Bank of India…
By cutting off a nation’s access to resources, finance, and trade, sanctions aim to put economic pressure on the government or leaders to alter their policies. | Photo Credit: Getty Images/iStockphoto Economic sanctions are measures imposed on a country, group, or individual to change their attitude or behaviour. They can also be tools of foreign…
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Beijing: China is expanding its consumer trade-in scheme to revive demand in the sluggish household sector. The move includes adding more home appliances to the list of products eligible for trade-in and offering subsidies for digital goods. Microwave ovens, water purifiers, dish-washing machines, and rice cookers are among the new additions to the scheme. Consumers…
Read More “How China Is Using Its Rice Cookers And Dish Washers To Save The Economy” »
Indian economy: what to expect in 2025? | Video Credit: The Hindu At the start of 2024, there was a lot of excitement about the Indian economy – the country was one of the fastest growing economies in the world and there was anticipation that India will become a $4 trillion economy in 2024-25 and…
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When Julius Caesar’s Senate fixed January 1 as the ‘first day of the year’, the idea wasn’t only to ‘start afresh’. It was also when those in civil office were to set in motion their responsibilities. In that tradition, coming down from 45 BC, let the existing coalition government headed by Narendra Modi set out…
Taxed at a significantly lower rate following the introduction of the concessional tax regime in 2019, India’s largest corporates may have saved over ₹3 lakh crore in tax payments since then. This is in addition to over ₹8 lakh crore in revenue foregone through various deductions granted to companies in the decade since 2012-13 (FY13)….
Read More “Tax cuts may have saved 3 lakh crore rupees for India’s largest corporates: Data” »
Donald Trump’s victory in the 2024 election – and his threat to impose tariffs on all imports to the United States – highlights an important problem for the global economy. The US is a technological powerhouse, spending more than any other country on research and development and winning more Nobel prizes in the last five…
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(The co-author, Bibek Debroy, passed away on November 1 at the age of 69. This is his last column for NDTV, which he submitted on October 21. His other columns can be found here) The Global Multidimensional Poverty Index (MPI) is a comprehensive tool developed by the Oxford Poverty and Human Development Initiative (OPHI) and…