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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Fiscal discipline holds on paper, but the number is propped up by higher borrowing and revenue sources that are far from stable.
The 2026-27 budget announced yesterday arrived against a highly volatile backdrop.
The US remains an unrelenting bully. India is still dependent on an ambivalent China for far too many things. The rupee has depreciated 9% over the past nine months. Tax collections are slipping, as is nominal GDP growth. Consumption has been in a funk for a while. Net foreign direct investment has been stagnant for years, as has private capex, even as foreign portfolio investors remain coy. Market interest rates refuse to budge despite the Reserve Bank of India’s generous repo rate cuts. And, every trading day, the stock …
Chinese diplomats to India are saying all the right things for Indian ears, but Beijing’s policy actions are moving in the opposite direction.
The country's fighter jet roadmap rests on imported propulsion, leaving its military plans hostage to cost shocks, delays and geopolitics.
Though the war in the Gulf is pinching the Indian economy, things aren’t too bad. But much needs to be done if the situation drags on or worsens, rather than waiting for it to come to pass.
