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As UN climate talks approach, it's innovation that we should bet on for an energy transition

New Delhi, Nov. 4 -- The latest round of the UN conference on climate change will begin later this month in the Brazilian city of Belem. The rest of the world has to push ahead with the task of dealin... Read More


Aspirational growth: What should India do to achieve an 8% growth path?

New Delhi, Oct. 21 -- There has been welcome talk in recent days about raising the bar on economic performance. Finance minister Nirmala Sitharaman said in the course of her opening remarks at the Kau... Read More


From Industrial Revolution to China's rise: 2025 Economics Nobel winner reveals secret to growth

New Delhi, Oct. 13 -- Economic historian Joel Mokyr has been awarded the Nobel Prize for economics this year along with Philippe Aghion and Peter Howitt. All three have done stellar work to understand... Read More


The US dollar dominates the global trade. But China's renminbi is catching up as an invoice currency

New Delhi, Sept. 30 -- There is a famous quip attributed to economist Simon Kuznets that there are four types of countries: developed, underdeveloped, Japan and Argentina. Argentina got a special ment... Read More


Niranjan Rajadhyaksha: The comeback of industrial policy-and what it means for capital flows

New Delhi, Sept. 16 -- Industrial policy had been relegated to the storeroom as free market thinking swept the world after 1980. It is now back in the reckoning. Industrial policy is essentially state... Read More


Inflation targeting: What works can still be tweaked to do better

New Delhi, Sept. 2 -- Inflation targeting has served India well over the past nine years. Among several pieces of supporting evidence are two that I usually prefer. One, Indian inflation was much high... Read More


Resilience may be costly but even the private sector cannot do without it

New Delhi, Aug. 19 -- The global economy is dominated by an intricate web of supply chains that move products almost seamlessly across national boundaries. This system has served the world well for mo... Read More


America's promotion of stablecoins could have global consequences

New Delhi, Aug. 5 -- Donald Trump has imposed stiff tariffs on Indian goods entering the US market. This part of his disruptive mercantilist agenda to bring US trade with the rest of the world back in... Read More