Topics Archive
Indian Economics - Analyses & Assessments - May 16, 2019
Japan’s legal proceedings against India in WTO
India and Japan have a close economic and strategic partnership, with India being the largest recipient of Japanese aid. Japan recently made a formal complaint to the World Trade Organisation (WTO)…
Indian Economics - Analyses & Assessments - Apr 29, 2019
Maruti Suzuki’s electric drive
Maruti Suzuki has announced that it will cease all production of diesel cars by 2020. Why has the company abandoned diesel engines? Maruti Suzuki is an Indian automobile manufacturer, a subsidiary of…
Indian Economics - Analyses & Assessments - Mar 22, 2019
Reliance circumvents US sanctions
Reliance’s circumvention of US sanctions meets legal requirements and is likely geared towards a weaning period in light of further sanctions against Venezuela. The Bolivarian Republic of Venezuela…
Indian Economics - Analyses & Assessments - Feb 26, 2019
New Afghan-India trade route
Afghanistan began exports to India through Chabahar port in Iran as the landlocked, war-torn nation turns to overseas markets to improve its economy. Chabahar Port is a seaport in Chabahar located in…
Indian Economics - Analyses & Assessments - Feb 15, 2019
Indian citizenship amendment bill dropped
Indian government has put aside a controversial amendment to its citizenship law after violent protests in its north eastern states. The Citizenship (Amendment) Bill, 2016 aims to provide citizenship…
Indian Economics - Analyses & Assessments - Feb 8, 2019
RBI cuts interest rate
The Reserve Bank of India cut its benchmark interest rate by 25 basis points, a move likely to please Prime Minister Narendra Modi as he makes a final push for faster economic growth ahead of…
Indian Economics - Analyses & Assessments - Feb 5, 2019
Budget sops before Elections
The Narendra Modi-led government unveiled a budget tailored for an election year with tax breaks, relief for small business and unorganised sectors and a promise to build the infrastructure for a $10…
Indian Economics - Analyses & Assessments - Feb 1, 2019
India’s unemployment rate highest in 45 years
An official survey that has been withheld by the government shows India’s unemployment rate rose to a 45-year high during 2017-2018, delivering a blow to Prime Minister Narendra Modi just months…
Indian Economics - Analyses & Assessments - Jan 18, 2019
BJP’s new election push
Prime Minister Narendra Modi’s ruling party is in favour of an expansionary economic policy and does not consider the government’s plan to keep the fiscal deficit to 3.3 percent of GDP. The previous…
Indian Economics - Analyses & Assessments - Jan 2, 2019
India cuts import taxes on Palm Oil
New Delhi has reduced import duties on crude and refined palm oil, an essential import commodity for India’s rapidly growing economy. Malaysia stands to gain significantly from this recent import tax…
Indian Economics - Analyses & Assessments - Dec 21, 2018
Indian markets slip after U.S. Fed’s comments
The rupee and stocks weakened early on Thursday, tracking Asian peers after the U.S. Federal Reserve gave a 2019 rate outlook that traders called “less dovish” than they expected. Government bonds…
Indian Economics - Analyses & Assessments - Dec 14, 2018
RBI to consult with government
On Wednesday, the newly appointed RBI Governor Shaktikanta Das addressed that he would consult more closely with the government on policy issues and meet heads of state-run lenders within hours to…
Indian Economics - Op-Eds - Nov 16, 2018
IL&FS and the Indian Economy
The infrastructure lender IL&FS has raised concerns about the risk of loan defaults, causing a sharp drop in the benchmark Nifty index. As a major player in India’s non-banking financial sector,…
Indian Economics - Analyses & Assessments - Nov 9, 2018
Demonitisation, Two Years On
8 November marks the second year since India demonetised all ₹500 and ₹1000 banknotes. Small and medium businesses are still struggling to recover from the impact of the policy. On 8 November 2016,…
Indian Economics - Analyses & Assessments - Oct 27, 2018
India’s fiscal deficit at 5.95 trillion rupees
India’s April-September fiscal deficit stood at 5.95 trillion rupees ($81.20 billion), or 95.3 percent of the budgeted target for current fiscal year, government data showed on Thursday. The figure…
Indian Economics - Analyses & Assessments - Oct 11, 2018
India to export raw sugar
India to export raw sugar for the first time in three years as global prices rally. A rebound in New York prices to seven-month highs along with government subsidies are making exports lucrative for…
Indian Economics - Analyses & Assessments - Oct 2, 2018
Monsoon rainfall predicted below average
Rainfall in India’s annual monsoon season in 2018 was below average and less than forecast, with key crop-growing northern states among areas that have received less rain than needed. Accounting for…
Indian Economics - Analyses & Assessments - Sep 28, 2018
Indian Tariffs on Non-Essentials
The finance ministry of India increased customs duties on “non-essential” items, including washing machines, air conditioners, footwear, gemstones and jet fuel. The objective of the increase is to…
Indian Economics - Analyses & Assessments - Sep 25, 2018
IL&FS cause liquidity crunch
The risking risk of loan default by the Infrastructure Leasing & Financies Services Limited firm raises concerns about market stability, which will be affected by the company’s failure to repay…
Indian Economics - Analyses & Assessments - Sep 21, 2018
India looks for oil futures contracts
India’s government is planning to ask state oil firms to lock in their crude futures purchase prices. New Delhi is anticipating a spike when U.S. sanctions on Iran snap back again in November. India’…