News
Beyond GDP: Globalisation needs a new measure of progress
5+ hour, 29+ min ago (850+ words) The gains were not trivial. The share of people living on less than $2.15 a day fell from 36% in 1990 to 8.4% in 2019. Few episodes in modern history have delivered this scale of improvement in material welfare. READ |India GDP mis-estimation debate deserves…...
India growth outlook stays firm despite Iran energy shock
1+ day, 20+ hour ago (330+ words) READ |Petrodollar power: Venezuela and Iran may extend greenback dominance In November 2025, S&P Global Ratings had projected that India's economy would grow 6.5% in FY26 and 6.7% in FY27, driven largely by strong domestic consumption and supportive policy measures such as tax cuts…...
India’s informal sector is growing, but not graduating
4+ day, 5+ hour ago (556+ words) This is not a marginal part of the economy. It is the labour market's main shock absorber. READ |Vishwakarma scheme struggles to reach India's informal sector The unincorporated sector covers enterprises that are not registered as companies under corporate law....
Indian economy's growth challenge is jobs, skills and state capacity
2+ week, 1+ day ago (570+ words) In the decades after Independence, India chose a state-led model built on planning, import substitution and public sector dominance. That strategy created industrial capacity, higher education institutions and a durable administrative state. It also created layers of control that protected…...
Trump tariffs and the new grammar of global trade
3+ week, 5+ hour ago (488+ words) READ |WTO reforms test the future of rules-based global trade This approach has support at home, but not uniformly. In the industrial Midwest and parts of the South, where factory closures and job losses have lingered for years, tariffs are…...
Record trade surplus masks weakness of China’s economy
1+ mon, 4+ week ago (440+ words) China's economy: China says its economy grew by 5 percent in 2025, meeting Beijing's official target as a world record trade surplus of US$ 1.19 trillion boosted economic growth. The trade surplus is 20 percent higher than in 2024, according to data reported by Reuters....
Budget 2026 must choose productivity over populism
1+ mon, 4+ week ago (305+ words) Budget 2026 must therefore resist comfort and opt for acceleration. It cannot rely on redistribution to stabilise sentiment. It must prioritise productivity-led growth. READ | Budget 2026: Why signals matter more than big announcements The Budget's first test is fiscal credibility. The Reserve…...
Budget 2026: Why signals matter more than big announcements
1+ mon, 4+ week ago (678+ words) Budget 2026: Why signals matter more than big announcements | Policy Circle'Policy Circle Budget 2026: Each Budget season arrives with expectations of transformation. This year is no different, though the mood is notably restrained. Growth remains respectable by global standards, giving policymakers some…...
GDP growth looks strong, but nominal numbers tell a different story
2+ mon, 1+ week ago (586+ words) Policy discussions tend to stop there. The real GDP growth number is cited, the inference drawn, and the conversation moves on. What receives less attention is the widening gap between real and nominal growth now visible across official and multilateral…...
The big question for Budget 2026
2+ mon, 2+ week ago (1068+ words) Budget 2026 will be the key to India's transition from a $4 trillion to a $5 trillion economy by containing the risks. Budget 2026: For much of 2025, India's macroeconomic story was told in peaks and troughs. Growth levels in India surged when much of…...