Who Pays for India’s Ethanol Transition?
India’s ethanol story has mostly been told as a complaint story, falling mileage, stalled cars, a minister who won’t budge. But underneath it is a money story, and it’s the part that actually explains...
India’s Monsoon Paradox
The monsoon is once again showing India’s climate contradiction. A weak monsoon brings fears of drought, lower crop production, rising food prices and reduced rural incomes. Farmers delay sowing, inflation increases, and economic growth...
A Census in Question!
With the first phase of India’s long-delayed Census now completed, attention is shifting from the exercise itself to the questions surrounding it. The Census is far more than a population count, it is the...
More Than a Delayed Monsoon
India’s southwest monsoon has entered the season on a worrying note, with rainfall running 35% below normal and central India recording a deficit of 63%. While June rainfall shortages are not uncommon, the current...
To Stabilise the Rupee, Fix the Economy First
The sharp fall of the rupee is being blamed on recent tensions in West Asia, but the problem runs much deeper. While the government has urged people to reduce gold purchases to save foreign...
Who Pays for India’s AI Revolution? | Editorial
Finance Matters | 22 May 2026 Prime Minister Narendra Modi is projecting India as the next global hub for artificial intelligence, with companies like Google, Microsoft and OpenAI pouring billions into data centres. The...
Fuel, Inflation and the Household Burden
India’s inflation story is beginning to look more fragile than the headline numbers suggest. Retail inflation, measured through the Consumer Price Index (CPI), remains below the RBI’s comfort level at 3.48 per cent in...
Austerity should be for the rich, not the poor
As several economists had anticipated, the close of the election season has been followed by calls for austerity. The Prime Minister has urged citizens to reduce spending on petroleum products and gold, revive practices...
The Great Nicobar Question!
The recent visit by Rahul Gandhi to Great Nicobar Island has reignited debate around the massive “holistic development” project proposed for the island. While the project is being framed as strategically vital, a closer...
Heat, Rain, and Rising Prices | Finance Matters | Editorial | 24 April 2026
India may be heading into a difficult inflation cycle, and this time the trigger is the weather. Extreme heat and the threat of weak monsoon rains are not just environmental concerns, they are economic...
Rising Heat, Rising Inequality
India’s worsening heatwave crisis is no longer just an environmental concern, it is a deepening economic and social emergency. Rising global temperatures, driven by the accumulation of greenhouse gases, have made heatwaves more frequent,...
The Price of Ignoring Workers’ Rights
The recent protests by factory workers in Noida, which turned violent, should not be seen as an isolated law-and-order issue. They reflect deeper problems that have been building for months, low wages, long working...
An External War, An Internal Strain
The recent remarks by Narendra Modi comparing the West Asia conflict to the COVID-19 may be intended to reassure, but they risk understating the seriousness of the current economic stress. Unlike the pandemic, which...
Rising Temperatures, Failing Safety Nets
India is once again being caught unprepared by a climate crisis that is no longer “unusual” but increasingly routine. From the snow-deficit Himalayas to storm-hit plains, the warning signs are clear: rising temperatures, erratic...
Rising Youth Unemployment: Growth Without Jobs
India’s latest Periodic Labour Force Survey numbers present a mixed picture, but the core message is troubling. Youth unemployment has risen to 14.8%, the highest in four months. This is more than just a...
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