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State governments need to give up control over urban land, institutions, and resources, so that city governments are able to fulfil their mandate and deliver local services effectively. Here’s why…
The country’s public debt is high compared to other emerging markets, and rising government and bond yields indicate growing concern around fiscal expenditure. The finance ministry will need to plan…
These countries are worthy of being called the new Fragile Five. Not in the same economic sense of currency weakness and debt default, but in terms of societal unrest. Here’s…
Many ordinary consumers don’t realize that several of the products and retailers they like are from China. The companies themselves seem to hide that fact. But the country’s firms may…
The World Bank’s findings should neither be dismissed because inequality persists nor interpreted as proof that India’s development challenges have been resolved. The goal should be to ensure that people…
Tax concessions can’t be knee-jerk reactions. Such a move raises several questions while offering no assurance of protection for the rupee. Here’s what would help instead.
Demand is up, but with income growth for large sections of the population remaining modest, the question is—where are the funds coming from? Analysis shows that savings and gold loans…
Changes in the capital gains tax alone won’t bring back foreign investors. Policymakers need to push through difficult reforms to drive the growth of high-value globally competitive firms.
Job-losses due to AI aren’t the most pressing change in the labour market. There’s a rising demand for white collar managers, even as blue collar roles now require advanced training.…
Public sector units (PSUs) are having a rebirth globally, but their rapid adoption of artificial intelligence (AI) has prompted an urgent need to install governance and regulatory guardrails. This is…
The city-state’s wealth rests on a vulnerability—its much larger neighbours’ control over vital chokepoints. With Indonesia cutting pipeline gas supply amid a change in the tone of international relations towards…
The President’s spending plans could drive up inflation, hurt the currency, push up real interest rates and thus weaken economic growth. Under such conditions, the country will be unable to…
India’s training of its poor to never feel empowered enough, to always know “their place,” and to never take seriously democracy’s biggest humbug, that all are equal, makes them good…
We must strengthen our economic muscle to the point where Beijing or any adversary thinks hard before embarking on any misadventure.
Although he wrote about civilizations and empires, not technology companies, his observations about how societies rise and fall are useful in understanding what lifecycle stage tech giants are at and,…