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India's GST overhaul has much to write home about but we can't ignore its fiscal consequences

New Delhi, Oct. 2 -- Sweeping rate reductions in the goods and services tax (GST) came into effect from 22 September. Although coherent and much better structured than earlier rate reductions, the imp... Read More


Indira Rajaraman: Use the fiscal need driving US tariffs to negotiate a deal with it

New Delhi, Sept. 4 -- Although the 50% levy by the United States on Indian exports and all other tariff changes since April 2025 now face a legal challenge in US courts, Indian policy has to run with ... Read More


Indira Rajaraman: Consider turfing out short-term equity derivatives

New Delhi, July 31 -- Jane Street. When the name surfaced in the financial press, it looked like a new designer clothing label. I discovered it was a trading house which had come into focus at the Sec... Read More