The U.S. has imposed a 25% tariff on select Indian exports, citing unfair trade practices amidst rising global tensions, particularly due to the Russia-Ukraine conflict. This move complicates India-U.S. economic relations and impacts various sectors. India must strategize by enhancing diplomacy, diversifying trade, and bolstering domestic manufacturing competitiveness.
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Over the weekend, the author reflects on their attachment to gold, signifies its cultural importance in India, and discusses global trends in gold pricing. In 2025, gold’s value has surged due to geopolitical tensions, making it a preferred stable asset. Sovereign Gold Bonds have provided tax-efficient options for investment, highlighting gold’s resilience during crises.
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The 17th BRICS Summit in Brazil, led by PM Modi, emphasized India’s role in advocating for global governance reforms and the Global South’s voice. Modi called for changes in institutions like the UN and pledged action against terrorism. He also highlighted climate justice and technology’s equitable access, promoting India’s leadership in a multipolar world.
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The recent celebration of becoming the world’s 4th largest economy has sparked criticism, highlighting ongoing poverty and systemic issues rooted in extractive institutions formed during colonization. Acemoglu, Johnson, and Robinson’s research emphasizes how differing institutional legacies contribute to persistent economic disparities, advocating for reform to promote inclusive growth and address inequality.
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The Effects of War on the World Economy: Global Disruptions, Non-Combatant Consequences, and the Rise of Capitalism Steven Spielberg’s Schindler’s […]
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