History doesn't repeat itself, but it often rhymes. When the war in West Asia intensified in February 2026, the rhyme was not hard to find. Rising crude oil prices expanded India's trade deficits. Foreign portfolio investors were leaving the market. And the rupee had dropped approximately 3.9 percent against the U.S. Dollar between February 27th and June 22nd 2026.
Policy UpdateArya Gupta 1. Background India’s medical devices industry has been unregulated, fragmented and import dependent. Until 2017, the industry was not subject to any specific regulatory regime. The first steps towards oversight were taken with the Medical Devices Rules,…
India’s desire to become Viksit Bharat by 2047 can be fulfilled only if the economy grows at 8% annually for the next 21 years. But such optimism overlooks a structural crisis. The headline GDP numbers conceal a blurred reality (notes former Chief Economic Adviser Arvind Subramanian rightly).
Policy UpdateSruti Halder Background The National Asset Reconstruction Company Limited (NARCL) was conceived in the Union Budget 2021-22 as India’s government-backed “bad bank,” designed to aggregate and resolve large legacy non-performing assets (NPAs) sitting on the books of public sector…
Energy security has emerged as a strategic priority for BRICS countries amid rising global energy demand, geopolitical uncertainties, and the accelerating transition towards cleaner and sustainable energy systems.
The Quadrilateral Security Dialogue (Quad), comprising Australia, India, Japan, and the United States, has emerged as a prominent minilateral platform for promoting peace, stability, and prosperity in the Indo-Pacific.
IndiaAI Mission was launched in March 2024 and is centered on addressing existing gaps in data, research, and skill mismatch so that the benefits of AI can contribute to the growth of our country.