When the Russia–Ukraine conflict broke out in 2022, the world was still recovering from post-pandemic supply chain disruptions. The war sent international prices of food and other commodities soaring. The benchmark FAO Food Price Index touched an all-time high of 160.2 in March that year, whi...
The World Economic Forum Annual Meeting 2026 at Davos took place at a moment when the global economy is undergoing a structural rebalancing. The post-pandemic recovery phase has given way to a period marked by geopolitical contestation, trade realignments, technological disruption and climate stress...
Prime Minister Narendra Modi’s post-2014 growing proximity to the United States is seen by some analysts as having generated mistrust in Russia. Yet, despite Modi going so far as to virtually campaign for Donald Trump with the slogan “Abki Bar Trump Sarkar” and embracing him like a soulmate, i...
On 1 November, the Kerala government declared that the state is now free from extreme poverty — the first state in India to make such a claim. Achieving this required a multi-year, specially designed policy involving thousands of government staff, local body representatives, Kudumbashree work...
By the end of 2025, the global economy is influenced not only by market forces and multilateral institutions but increasingly by geo-economic strategies. Countries are using economic instruments—such as trade policy, financial controls, investment screening, and supply chain leverage—to pursue g...
The 2025 Nobel Prize in Economic Sciences has been awarded to Israeli-American Joel Mokyr of North-western University, Philippe Aghion of Collège de France and the London School of Economics, and Peter Howitt of Brown University for their pioneering research“for hav...
How Strategic Autonomy and Economic Rationality Are Redefining India’s Global RoleIn a world grappling with energy crises and geopolitical turbulence, India’s oil strategy stands out as a model of strategic independence. As of FY2025, Russia accounts for nearly 35% of India’s crude oil im...
The United States has entered a new phase of economic management—one where the central bank is no longer focused solely on taming inflation but also on cushioning a labor market showing its first signs of fatigue. The quarter-point reduction in the benchmark lending rate, bringing it down to a ran...
The Prime Minister of India has called upon citizens to buy more Indian-made products, a statement first made at a political rally in Varanasi. But how effective can this strategy be? And could it conflict with the global economic order?US Tariffs and the Global Trade ParadigmWhen the world’s larg...
On July 24, 2025, the India-UK Comprehensive Eco-nomic and Trade Agreement (CETA), also referred to as a Free Trade Agreement (FTA), was formally signed in London in the presence of Indian Prime Minister Narendra Modi and British Prime Minister Keir Starmer. The agreement, concluded after three year...
