What is called OPEC+, that is the 13 members of the Organisation of Petroleum Exporting Countries (OPEC) together with 11 other petroleum exporting countries led by Russia, decided on October 5 to cut their oil production by 2 million barrels…
There is no doubt that creative industries, along with care activities, are going to emerge as some of the most significant economic sectors of the future. Broadly speaking, the creative industries consist of advertising, architecture, arts and crafts, design, fashion,…
More frequent and intense heat waves are poised to become bigger killers in the Indian subcontinent than the ongoing COVID-19 pandemic. But the government is essentially leaving people to fend for themselves in a foreseeable tragedy, and envisages continued investment…
For quite some time, China was seen as a ‘threat’ by virtue of being a global manufacturing hub, embedding knowledge in production and riding on its cheap labour force and large volumes of foreign investment, to win a disproportionate share…
As the times get tough, the big seem to the thrive. At a time when economies world over reel under the sudden stop triggered by the Covid-19 pandemic, India’s dominant business group Reliance Industries (RIL) and global social media major…
Changes in estimation methods have of late made statistics on the Indian economy increasingly bewildering; besides, whenever the statistics show the performance of the economy in a poor light, the BJP government simply suppresses them. Nothing however can suppress the…
The universe of Indian startups is teeming with ‘unicorns’, industry slang for firms with valuations in excess of $1 billion. But most have yet to show the profits that legitimise that valuation, and many are bleeding. That was ignored till…
With the Index of Industrial Production (IIP) registering negative month-on-month annual rates of growth over the three months ending October 2019, the perception, based on trends in individual industries, that Indian industry is experiencing or is on the road to…
Neoliberal reform has plunged more than one industry into a crisis, where large scale failure is the norm, but there is no sign of resolution. India’s civil aviation sector is a stark example. So is the beleaguered telecommunications industry. The…
Given that ASEAN, South Korea and Japan are already India’s FTA partners, the ongoing Regional Comprehensive Economic Cooperation (RCEP) negotiations will primarily add China as well as Australia and New Zealand as new free trade partners for India. Australia and…
