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Invest to Draw In Investors

09 Jan 2023 Investors hope the budget will strike the right notes to revive demand and keep a firm focus on fiscal prudence. GoI should firmly adhere to the path of fiscal consolidation. This is eminently possible as the tax revenue is running well ahead of projections. The fiscal consolidation roadmap should be indicated for […]

India Needs ‘Growth’ Budget as Global Risks Get Amplified

17 Jan 2023 The forthcoming Union Budget, to be presented in Parliament by finance minister Nirmala Sitharaman on February 1, will be the first real post-Covid Budget and the last full-year Budget before the general election is announced. The macroeconomic backdrop is a challenging one, where domestic demand drivers are still recovering from the ravages […]

The industry and measures to save lives, livelihoods

06 May 2021 Today, the country is faced with a crisis of epic proportions. With several new mutant variants and a resurgence of infections, the second wave of the COVID-19 pandemic continues to spread at a rapid pace, affecting lives, livelihoods and the economy. With a national healthcare emergency of such magnitude, it is critical to […]

India Charting the Path for Energy Transition

04 May 2022 The global energy landscape will change drastically in the coming years, particularly in the efforts to strengthen policies and actions to counter climate change. The urgency and soaring momentum around clean energy transition is reflected in Net Zero emission pledges by 66 countries in 2021.  India’s COP26 announcement of 500 GW of […]

India and the UK Working Towards a Sustainable Global Future

09 May 2022 The year 2022 is significant for both India and the UK, as India commemorates the 75th anniversary of its Independence and the two countries celebrate 75 years of bilateral ties. India-UK bilateral ties were elevated to a Comprehensive Strategic Partnership in 2021, based on a shared commitment towards democracy, fundamental freedoms and multilateralism, […]

Triggering an economic recovery after second wave

02 Jun 2021 After ravaging the country for almost two months, the second wave of the pandemic seems to be finally receding—a crucial development that raises expectations of gradual reopening of economic activity. While the caseloads are still high and there are significant imponderables about infection spread, questions abound about what could be the likely […]

The role that industry could play in India’s Indo-Pacific outreach

21 Jul 2021 The geostrategic relevance of the Indo- Pacific expanse, with rim countries of two oceans, has gained currency over the past year, deriving from aspirations of nations to diversify alliances and equations. A free, open, inclusive and rules-based architecture with security as a core pillar is the underlying objective of the nations that […]

A makeover for the India-Africa economic partnership

17 Aug 2021 The India-Africa partnership is set for a major makeover as both sides seek economic self-reliance to insulate their respective economies from external shocks. India’s reforms process resonates with Africa’s aspirations of accelerating its infrastructure development, manufacturing growth, farm sector modernisation, services sector expansion, digital transformation and reliable healthcare services to build self-sufficiency. […]

With economy reviving, step up capital spending

15 Sep 2021 With the second wave of the pandemic on the retreat and the consequent easing of supply-side restrictions, there are visible signs of the growth momentum returning to the economy. This is borne out from the latest GDP print, which shows that the economy has notched a 20.1% expansion during Q1 2021-22. Although […]

Improving the economic game

23 Sep 2021 The Quad (Australia, Japan, India and the U.S.) meets in a landmark physical summit this week. The agenda for the Quad has widened — till now, it was largely focused on strengthening strategic and defence pillars. This should now bring industry into the dialogue process to advance the desired outcomes. The four […]