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…
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Expediting India’s New Space Economy by Strengthening Industry – Academia – Government Collaboration
Not long ago, landing on the Moon felt like a distant dream for India, reaching Mars felt even further. Today, both are history. India not only achieved these remarkable feats but did so at a fraction of the cost borne by other spacefaring nations, giving a strong boost to its…
Bridging the Gap Between Trade Agreements and Trade Outcomes in India
India’s trade agreements can broadly be classified into three epochs – early regional orientation starting with the Bangkok Agreement (now APTA) in 19751, agreements with the Asian and South American economies through bilateral and multilateral deals over 2004 – 2011, and the latest round of agreements starting 2021. Since 2021, India has finalised 8 trade agreements covering 37 countries and announced a trade deal with the USA. India is also reported to…
India’s Foreign Direct Investment Story: Reform, Resilience and Rising Global Confidence
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…
Women in Food Systems: From Participation to Powering India’s Agri-Future
India’s agri-food systems are undergoing a profound transformation. Driven by technological innovation, evolving consumer preferences, climate imperatives, and increasing market integration, agriculture today is no longer limited to cultivation alone. It encompasses a dynamic ecosystem of production, processing, value addition, logistics, and market linkages. At the heart of this transformation…
Attracting and Managing International Investment: The Indian Approach
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…
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GIFT CITY-IFSC and India’s Global Financial Ambitions
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…
Dealing with the West Asian Turmoil
That the West Asian conflict will adversely impact the Indian economy is a foregone conclusion. Not just the external sector, but the pace of activity in the domestic economy will also take a hit. The latest monthly economic review, released by the Union Finance Ministry, has given an idea of the economic…
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