India and the New Trumpian World Order

When U.S. President Donald Trump announced double-digit tariffs on countries around the world, what he dubbed a “Liberation Day” for U.S. trade, it roiled global markets. While Trump has since announced a “pause” on the tariffs, the final resolution of the tariff threat will hinge on “bespoke” negotiations between theContinue Reading

Legacy of a Reformer: Manmohan Singh and India’s Economic Liberalization

Following the passing of Manmohan Singh, former prime minister of India and chief architect of its economic liberalization, this episode of Beyond the Indus focuses on his legacy and the wider topic of economic reforms in India. Host Tushar Shetty is joined by Dr. Ashok Desai, former chief consultant toContinue Reading

Why India’s Growth Momentum Is Losing Steam

India’s growth momentum seems to be losing steam.  After registering 8.2 percent growth in 2023-24, the Indian economy grew by 5.4 percent in the second quarter of the current fiscal year (July-September 2024). This was the slowest growth in six quarters, almost 3 percentage points slower than the corresponding periodContinue Reading

China’s Lesson for India on Weaponized Interdependence

Over the past few weeks, multiple reports have emerged suggesting that Chinese companies are restricting export of vital advanced capital goods and machinery to India. Indian manufacturers of electronics, solar panels, and electronic vehicles are struggling to keep up with their production, given the shortage in supplies of key machinery.Continue Reading