Category: Uncategorized
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India–UK Free Trade Agreement: A Landmark Leap in Bilateral Economic Relations
The successful conclusion of the India–UK Free Trade Agreement (FTA), announced on May 6, 2025, has been hailed by Prime Minister Narendra Modi as a “historic milestone” in India’s economic diplomacy. After several years of complex negotiations spanning 14 rounds, this comprehensive pact marks a turning point in India’s trade…
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China’s Manufacturing PMI Decline in April 2025
China’s economic resilience is once again being tested . In April 2025, China’s official manufacturing Purchasing Managers’ Index (PMI), released by the National Bureau of Statistics (NBS), contracted more sharply than expected, falling to 49.0 from March’s 50.5, and missing the projected 49.8. A reading below 50 indicates contraction, and…
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Rethinking Energy and Economy: How OPEC’s Reduced Oil Demand Forecast Signals New Challenges for India
The Organization of the Petroleum Exporting Countries (OPEC) recently trimmed its global oil demand growth forecast for 2025, pointing to two major concerns—rising economic uncertainties and the intensifying trade tensions, notably the impact of US tariffs. While the announcement has global implications, the ripple effects are particularly significant for emerging…
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Tariff and Emerging Markets
In an increasingly globalized world, the economic decisions of powerful nations do not remain confined within their borders. A prolonged trade conflict between two major economic powers—who together account for a significant portion of global output and trade—can have far-reaching implications, especially for emerging economies. The World Trade Organization (WTO)…
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Is India Trapped in Low Wages? A Look at Minimum Wages and Industrial Productivity
The conversation on India’s industrial potential and economic growth often circles around wage levels, productivity, and the path to industrialization. One critical, and perhaps provocative, question emerges from this discourse: Is India caught in a low-wage trap? And could higher minimum wages actually force the country toward greater productivity and…
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Building an Inclusive and Secure Digital Future — The World Bank’s Vision and Challenges Ahead
As we move deeper into the digital age, the role of international organizations in shaping equitable, innovative, and secure digital ecosystems becomes increasingly vital. The World Bank, a long-standing pioneer in global digital development since the sector’s isolation phase in 1999, is entering a new phase of strategic action. This…
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Textile Waste Management in India
Textile waste is a growing but often overlooked crisis in India. Every year, millions of kilograms of textile waste end up in landfills, contributing to environmental degradation. At premium hotels alone, the scale of the problem is staggering. To put things into perspective, four- and five-star hotels in India generate…