The month of February 2026 witnessed the introduction of revised series for two key macroeconomic indicators of the Indian economy: (i) the Consumer Price Index (CPI) and (ii) the Gross Domestic Product (GDP) index. Both the revised series have incorporated the improved estimation procedures includi...
Early last month January in the new year, three major global institutions released reports on growth prospects for 2026. On January 8, the United Nations (UN) published World Economic Situation and Prospects 2026 (WESP). A week later, on January 16, the world’s most influential private-sector-led ...
India’s economic trajectory in 2025 presents a compelling case of resilience amid heightened global uncertainty. The year began with strong diplomatic momentum, symbolised by the Indian Prime Minister’s early-year visit to Washington at the invitation of the newly elected US President. Expectati...
Standard & Poor’s Global (S&P), one of the world’s leading credit rating agencies, annually evaluates 30 advanced and emerging economies based on their economic and financial policies, their implementation, andthe resulting outcomes (Table 1 for criteria). These assessments are ref...
Reserve Bank of India (RBI) Governor Sanjay Malhotra will chair his fourth bi monthly Monetary Policy Committee (MPC) meeting from August 4–6. Since assuming office earlier this year, this will arguably be his most challenging task.At the previous MPC meeting held from June 4–7, the RBI surprise...
The recent twelve-day conflict between Iran and Israel (June 11–23) was initially expected to be yet another short-lived regional flare-up. However, it quickly escalated into a potential global crisis when the United States (US) intervened on June 22 by bombing Iranian nuclear sites. In response, ...
On May 9, the IMF Board of Executive Directors made two key decisions, dismissing India’s objections:(i) the release of the second tranche of $1 billion to Pakistan under the $7 billion Extended Fund Facility (EFF), a 37-month bailout program approved in September 2024 to support Pakistan’s econ...
April 2025 has been the most chaotic month in recent global economic history, impacting countries of all sizes and economic strength. The situation can best be described as “confusion worse confounded,” borrowing from John Milton’s Paradise Lost (Book 2, line 995). The seeds of this confu...
Re-elected after a four-year break, President Donald Trump returned to White House and signed series of executive orders on his Inauguration Day, January 20, 2025. These orders reaffirmed his commitment to his signature slogan—“Make America Great Again” (MAGA)—by implementing both dome...
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is set to meet from February 5-7 to decide whether to change or continue the current Repo rate at 6.50%. This rate, which was introduced in April 2023 as part of anti-inflationary measures, has been a topic of debate. In N...
