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India’s IT ministry, which formally notified its ₹62,500-crore Mobile Phone Manufacturing Scheme (MPMS) on 21 August, has proposed to offer incentives to build a homegrown smartphone brand. Is a major homegrown phone feasible in the country...
On Monday, India’s government released quarterly producer price index (PPI) data for the services sector. This helps fill a gap in inflation measurement. While the wholesale price index is only for goods and many services are included in the...
India even today is a net importer of steel. So we have enough scope to expand our capacity, in fact double our capacity and people are investing money. When they are investing money they want protection, so that tomorrow they do not face dumping.
As protectionism, geopolitical tensions and supply-chain vulnerabilities reshape the global economy, Prime Minister Narendra Modi re-emphasized the push for a self-reliant India in his Independence Day address. Even as talk of...
MOST GLOBAL goods trade occurs between allies or unaligned nations, with trade between rival blocs accounting for a minor share—and limiting true deglobalization. In fact, trade between rival blocs fell from 13.5% in 2010 to 10.2% in 2025....
globalization shows little sign of retreating, it is changing lanes, with services gaining ground as goods trade loses momentum. The era of hyper-globalization in goods may have run its course, with merchandise trade surging from 32.4%...
DESPITE GROWING protectionism over two decades, it hasn’t fundamentally retreated from globalization, which extends beyond merchandise trade to services, investments, and financial flows. The KOF Globalization Index, capturing...
A KEY indicator of global integration is the foreign value-added content of exports, which measures the share of a country’s exports that comes from inputs sourced abroad. A product exported by one economy may contain components, raw...