Category Public Finances and Macroeconomics

Rethinking Government Support for Data Centre

T.K. Arun Data-centre tax holidays represent oodles of government cash to favoured Indian businesses for little public benefit The 21-year tax holiday doled out by the Union Budget to foreign firms that do data centre business in India should be rolled back,…

External Partnerships vs. Internal Divisions: A Sovereignty Paradox

TK Arun Beyond concessions, deal improves market access, strengthens strategic signalling; it could catalyse India Inc’s adaptation to era of AI and machines that embody AI. It will come as a surprise only to the politically naïve that the India-US…

India’s Health Budget and the Urgent Need for Stronger Lung Cancer Policies

Urvashi Prasad  India’s Union Health Budget 2026-27 and the release of the country’s first evidence based lung cancer guidelines have sparked important conversations about whether our health system is keeping pace with global standards. These announcements are not just policy…

Union Budget 2026–27: India’s Budget Masks Jobs And Growth Faultlines

The IMPRI Center for the Study of Finance and Economics (CSFE), Impact and Policy Research Institute, New Delhi, hosted an interactive panel discussion on “Indian Economy and Union Budget 2026–27” on February 7, 2026, at 6:30 p.m. IST under IMPRI’s 7th Annual Series of Thematic Deliberations and Analysis of Union Budget 2026–27, bringing together leading economists and policy researchers to examine the growth outlook, fiscal strategy, labour-market pressures and structural reforms embedded in the latest Budget.

The Global Impact of Trump’s ‘America First’ Agenda

The Global Impact of Trump’s ‘America First’ Agenda

The coming year will be moulded by the continuing unilateral efforts by the Trump administration to register reasonably robust growth, as projected — two per cent is reasonable growth for a $31 trillion economy — but the Chinese economy is likely to grow faster than most official projections, and register a growth rate of five per cent or more. India’s growth is likely to gasp for breath in 2026, and not just because of air pollution, although the release of a new series of GDP numbers could flatter to deceive.

Financial Risk and Power Politics: The Yen Carry Trade in Trump’s Worldview

The Yen Carry Trade, a Piano and Trump’s World View

When the Bank of Japan raises its policy rate to 0.75%, that unsettles global finance, accustomed as the world is to borrowing ultra-cheap in yen and investing in assets denominated in other currencies, the yields in whose economies are significantly higher than in Japan.

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