Browsing CategoryEconomy

India’s Private Capex Cycle: Evidence of an Emerging Investment Revival  Over the past several years, public capital expenditure has played a leading role in supporting investment activity and infrastructure creation in the country. However, a durable strengthening of the investment cycle requires a broad-based pickup in private sector capex that expands…

Latest Post Bridging the Gap Between Trade Agreements and Trade Outcomes in India India’s trade agreements can broadly be classified into three epochs – early… Read More India’s Foreign Direct Investment Story: Reform, Resilience and Rising Global Confidence India’s foreign direct investment (FDI) trajectory over the past decade… Read More Women in…

State governments anchor India’s fiscal architecture, with combined expenditure exceeding the Centre’s. Their fiscal position has a direct bearing on development outcomes, macroeconomic stability, and cooperative federalism. After the pandemic-induced spike in fiscal deficit (around 4.1 per cent of GDP in 2020–21), states consolidated, with deficits falling below 3 per…

Today, the global economic order is undergoing a profound change. We are moving from the era of hyper-globalization, characterized by deeply integrated supply chains and borderless trades, to a more fragmented landscape defined by strategic partnerships, economic security concerns, and a regional framework. Amid this shift, India has now emerged…

The release of India’s revised Consumer Price Index with base year 2024 on 12th February by the Ministry of Statistics and Programme Implementation (MoSPI) marks a defining moment for economic measurement in India. This is not merely a technical exercise in statistical housekeeping. For industry, it represents a fundamental recalibration of the lens through which…

India’s foreign direct investment (FDI) trajectory over the past decade is not merely a story of rising capital inflows — it is the narrative of a country systematically restructuring its economic foundations to align with new global realities. The shift has been structural, deliberate and reform-driven, reflecting the convergence of…

The global investment climate is no longer a simple contest of growth rates. It is a contest of credibility – earned over time, tested through cycles, and sustained by institutions. Capital remains abundant, but conviction is harder to earn. Geopolitical fragmentation, supply-chain realignments, and episodic risk-off cycles mean that the largest movers of global capital – sovereign funds, pensions, insurers, and strategic multinationals – are increasingly…

In 2015, the Government of India implemented a major financial sector reform by establishing and operationalising India’s maiden International Financial Services Centre (IFSC) in Gujarat International Financial Tec-City (GIFT City), Gujarat.  The vision of the Government is to develop GIFT IFSC as a leading global financial centre with trusted business regulations, a competitive tax structure, and a world-class ease…

Recent years have witnessed a series of severe shocks to the global economy that differ in origin but are remarkably similar in impact. The pandemic disrupted global production and mobility at an unprecedented scale. The Russia Ukraine conflict exposed vulnerabilities in global energy, food, and fertiliser systems. Climate related events are increasingly…