As February ended, a stunned world tracked with disbelief the unwarranted war on Iran declared by the US under President Donald Trump and Israel under Prime Minister Benjamin Netanyahu. Aimed at ensuring externally engineered regime change justified on grounds that…
Within a fortnight after announcing a trade deal with the EU, the Indian government announced its entry into a “framework agreement” on trade with the US—a precursor to an “interim agreement” and a subsequent full-fledged bilateral trade agreement. Both “trade…
Leaders of both parties to the recently finalised Free Trade Agreement between the European Union and India have hailed the deal as historic, with the European Commission President Ursula von der Leyen even hyping it as the “mother of all…
It is probably only to be expected that the official account, in the Finance Ministry’s justreleased Economic Survey 2025-26, would be generally upbeat about the Indian economy and the current policy direction of the Modi government. We have also come…
Early in January, preliminary estimates of China’s trade surplus (from the General Administration of Customs of China) placed it at $1.7 trillion in 2025, as compared with $993 million in 2024. The sharp 20 per cent rise in the trade…
The collapse of the operations of India’s leading airline IndiGo initially came as a shock to everyone. The airline, which accounts for more than 60 per cent of flights on all routes, cancelled without warning as many as 4,500 flights…
US President Donald Trump has made it clear. His strategy of weaponising tariffs would be deployed not only to ensure a reduction in America’s trade deficit but also to achieve political and diplomatic objectives. Examples abound, not least the excessive…
The Union government seems set to launch a new round of banking policy liberalisation. Among the pointers is a recent statement made by the Finance Minister that “India needs a lot of big, world-class banks” and that a strategy to…
Argentina’s ability, under right-wing governments, to draw record levels of dollar support from the “international community” never fails to surprise. This pattern has only become more pronounced in recent years. But what is more surprising is that, despite evidence that…
The Indian rupee losing its value against the US dollar should normally not draw undue attention as it has been a long-term trend. But three factors have contributed to concerns about the recent and ongoing descent of the rupee vis-a-vis…
