How to get India to shop more

Consumption inertia has weighed heavily on consumer-facing companies for nearly two years, as the “revenge spending” euphoria that followed the pandemic fizzled out after the 2023 festive season. For years, govt undertook aggressive capex, but while infra spending built the rails for the future, it required resources – partially raised through taxes. This, combined with…

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Right steps to boost growth

Based on signs of strong GDP growth and benign inflation, many economists and market experts anticipated a status quo on repo rates. Still, the RBI’s MPC unanimously decided to cut the repo rate by 25 basis points to 5.25 per cent. At the same time, RBI projected real GDP growth for FY26 at 7.3 per…

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The week that was in international affairs

Welcome back to another edition of My Take 5, your weekly round-up of top international news. This week we are covering Putin’s visit to New Delhi, Lithuania declares emergency over Belarussian balloons, Trump reiterates an America First National Security Strategy, fighting breaks out again between Thailand and Cambodia, and Sudan’s civil war sees another massive…

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The Sufi art of Shukr, the Sufi path of gratitude

“Whoever is not grateful for blessings is in grave danger of them disappearing. Whoever is grateful for them ties them up with their own tether,” said Hazrat Ibn Ata’illah Iskandari (1259-1310), a renowned Egyptian Sufi and the third great spiritual master of the Shadhili Sufi order. His most famous work, Kitab al-Hikam (The Book of Wisdoms), a classic…

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India’s maritime ambition needs a production, procurement overhaul in warships, shipbuilding

India’s ambition to build a modern, self-reliant navy is unquestionable. Yet its procurement processes continue to rely on episodic, stop-start orders that break industrial momentum, inflate costs, delay deliveries, and freeze innovation. Nothing illustrates this more sharply than Project 75(I), where India is negotiating for 2020-era submarine technology that—if contracts are signed soon—will only enter…

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