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Ajit Ranade: By betting on capabilities, the budget takes a long view on India's growth

New Delhi, Feb. 2 -- The macroeconomic numbers for India's economy would be the envy of others. Quarterly growth has been showing steady upward momentum and inflation is ruling at remarkably low level... Read More


Beyond the Goldilocks glow: Budget priorities on 1 February

New Delhi, Jan. 30 -- India goes into the Union budget with what looks like a "Goldilocks" macro mix: growth is steady, inflation seems under control, the fiscal glide path is intact, and sovereign ra... Read More


Heed Gita Gopinath's warning from Davos: Pollution is silently taxing India's health and growth

New Delhi, Jan. 26 -- When Harvard Professor Gita Gopinath told a Davos audience that pollution costs India more dearly than tariffs, she wasn't being provocative. She was making a strictly economic p... Read More


Ajit Ranade: India's budget should sort out GST's input tax credit system to perk up private investment

New Delhi, Jan. 14 -- India faces a paradox today. Its GDP growth is among the fastest in the world, public capital expenditure has surged and corporate balance sheets are healthier than they have bee... Read More


Taiwan's universal cash handout: Its economic rationale holds a lesson for similarly placed India

New Delhi, Dec. 28 -- For 2025, Taiwan's GDP growth of more than 7% is the fastest in more than a decade, powered by a boom in semiconductors, AI servers and electronics exports. Yet, private consumpt... Read More


We can't rely on capital inflows for rupee stability anymore: India's economic model needs to change

New Delhi, Dec. 15 -- India presents a macroeconomic paradox today. GDP growth is among the fastest in the world, inflation is nearly zero and the fiscal deficit is in check. Yet the Indian rupee is A... Read More


India's labour reform has arrived in one sweep-but laws alone won't create jobs or a dynamic labour market

New Delhi, Nov. 22 -- A historic step has been taken. On 21 November 2025, India formally brought into effect its four Labour Codes: the Code on Wages (2019), Industrial Relations Code (2020), Code on... Read More


India's new labour framework is a historic reform but laws alone can't create jobs and lend the job market dynamism

New Delhi, Nov. 22 -- A historic step has been taken. On 21 November 2025, India formally brought into effect its four Labour Codes: the Code on Wages (2019), Industrial Relations Code (2020), Code on... Read More


Ajit Ranade: Cash handouts are politically popular but what do they imply for inflation, welfare and fiscal health?

New Delhi, Nov. 18 -- What happens when a helicopter drops a large amount of cash on a local economy? Does the local GDP go up instantly? Of course not. Even a schoolkid's intuition tells you that the... Read More