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…
Following aggressive lobbying by the Trump administration, more than 145 countries agreed to give big US multinationals a free pass under the global corporate minimum tax rules that were agreed in 2021. But if democracy is to prevail over oligarchy,…
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…
At the heart of US President Donald Trump’s foreign policy is the belief that the world can be carved up among major powers, with the United States free to act with impunity in its “backyard.” In reality, this approach is…
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…
Despite strong opposition in Congress, Brazilian President Luiz Inácio Lula da Silva has launched an ambitious industrial policy aimed at boosting renewable-energy capacity and expanding domestic defense capabilities. But sky-high interest rates and fiscal constraints risk putting these objectives out…
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 world is facing an inequality crisis fueled by stagnant wages, eroding social protections, and the extreme concentration of wealth. Reversing these trends requires reassessing the policies that produced them and equipping governments with the information they need to pursue…
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…
