There is nothing definitive about policy under US President Donald Trump. With the deadline for accepting his trade demands having passed, a revised set of tariffs has been announced, lower than the originally threatened hikes of up to 49 per…
In late 2024, the Institute of International Finance (IIF), the advocacy arm of global finance, put out a pessimistic projection that capital flows to emerging market economies (EMEs) are likely to fall to $716 billion in 2025 from an estimated…
With the short-term, frenzied interest that accompanies annual budget presentations in India having ended, it is time to raise issues that were largely ignored in the debate. Prime among them is the question as to how much or how little…
July brought into the open one more alleged scandal in India’s financial markets. While speculation around the actions that constitute the “scandal” has been rife for some time, the story went viral when India’s market regulator, the Securities and Exchange…
Developments that have occurred in quick succession have crushed the successful efforts made in recent years to increase global cooperation aimed at raising tax revenues to take on a host of global challenges. Late in June, the non-US six (Canada,…
For the second time across two terms, US President Donald Trump has walked out of a G7 summit the grouping of dominant countries in the capitalist world. The last time, it was in a fit of pique; this time, it…
India’s banking sector appears poised for a structural shift, entering a new era after one defined by the rise of “new” private banks such as Global Trust Bank and Yes Bank. In what could prove to be a new milestone,…
This April marked the 70th anniversary of the Bandung Conference held in Indonesia that brought together high-level representatives from 29 countries, most of which had won independence from colonial rule riding the wave of decolonisation that accompanied the onset and…
Early into his second term, US President Donald Trump has lived up to his image of being a Great Disruptor with his across-the-board (country-wise and commodity-wise) increase in tariffs on imports into the US. In the process, he has launched…
Advocates of neoliberal financial policies still argue that the post-1991 licensing of the so-called new generation private banks was a major step in enhancing competition and spurring “innovation” in the banking space. This position is maintained despite a raft of…
