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Terms of Trade: The 2026 battle for West Bengal, seen historically

India, April 22 -- West Bengal is a unique state in India on a count which is often not appreciated enough. Political power has changed hands only once in the state since 1977. This happened in 2011, ... Read More


Terms of Trade: Clubbing women's quota, delimitation a democratic decoy, not dacoity

India, April 17 -- That the Bharatiya Janata Party's (BJP) politics and larger worldview is antithetical to the constitutional framework of the Indian republic is a charge often made by its rivals. Th... Read More


Terms of Trade: The real and perceived in India's international standing

India, April 9 -- Four years ago, on a reporting trip during the 2022 Uttar Pradesh assembly elections to a predominantly Dalit settlement in Mirzapur district on the state's southeastern border, this... Read More


Terms of Trade: The trans-Atlantic rupture, via Strait of Hormuz

India, April 3 -- On April 1, British Prime Minister Keir Starmer made an address to his nation about the ongoing war in West Asia. His message could not have been clearer. "This is not our war. We wi... Read More


This time is different: $100 oil more painful now than before for India

New Delhi, March 29 -- Crude oil prices breaching the $100 per barrel threshold is the equivalent of midflight turbulence to global economy. Business as usual has to be suspended and a prolonged phase... Read More


This time is different: $100 oil more painful now than before for India

New Delhi, March 28 -- Crude oil prices breaching the $100 per barrel threshold is the equivalent of midflight turbulence to global economy. Business as usual has to be suspended and a prolonged phase... Read More


Terms of Trade: The fog of 'national interest' in India

India, March 26 -- In a country of 1.5 billion people, which Amartya Sen has called argumentative by instinct, there are many views on what exactly is India's national interest. At the risk of a sweep... Read More


Delhi Budget: CM Rekha Gupta junks AAP populism, pivots to capex

India, March 25 -- Delhi's fiscal priorities have made a huge pivot from the politically rewarding populism of Aam Aadmi Party's 10-year rule to capital expenditure under the current Rekha Gupta-led B... Read More


Delhi CM junks AAP populism, pivots to capex

New Delhi, March 25 -- Delhi's fiscal priorities have made a huge pivot from the politically rewarding populism of Aam Aadmi Party's 10-year rule to capital expenditure under the current Rekha Gupta-l... Read More


'Subdued spending may offset Delhi tax revenue shortfall this financial yr'

New Delhi, March 24 -- The Delhi government could undershoot its tax revenue projections set in last year's budget, but this may not put pressure on the fiscal math as overall spending so far has been... Read More