Expert Opinions Opinion
On the evening of November 8, 2016, India came to a standstill. Millions lined up outside banks, clutching stacks of suddenly worthless notes. The government’s announcement to invalidate ₹500 and ₹1,000 notes overnight was met with confusion, panic, and fierce debate. Economists called it reckless. Politicians called it a stunt. But few understood that demonetization […]
Op-Eds Opinion
India has long depended on imported liquefied natural gas (LNG) to meet part of its electricity demand, even though gas-based power contributes only a small share of the overall mix. This dependence comes at a steep cost, both financially and strategically. In 2024, India imported nearly 37 billion cubic meters (bcm) of LNG, worth around […]
Expert Opinions Opinion
India’s Goods and Services Tax has finally undergone the kind of overhaul that touches every citizen’s wallet. The government’s latest reform order, unveiled as a Diwali gift, slashes rates across a wide span of categories — from soaps and shampoos to tractors and three-wheelers. Essentials drop to 5%, health and life insurance premiums are freed […]
Expert Opinions Opinion
Prime Minister Narendra Modi’s August 15 announcement of next-generation GST reforms, set for implementation by Diwali 2025, is more than just a festive season headline. It’s a structural overhaul designed to touch both the everyday essentials that drive rural markets and the big-ticket items that sway urban consumption patterns. By targeting two critical slabs — […]