Unbridled foreign currency inflows into Indian stock markets can lead to an appreciation of, and volatility in, the Indian currency. Thus, the central bank’s role in ensuring that the rupee trades in a narrow band will be very important in the coming quarters.
The ‘United States Strategic Framework for the Indo-Pacific’ document talks of building up India’s capabilities and posit it as a counterweight to China. Though authored by the Trump administration, the strong strategic convergence between New and Washington is expected to ensure that the Biden administration doesn’t make too many changes to it.
Rollout of indigenous vaccines is a testament to how the Indian government, scientists and private investors have harnessed science to bring the pandemic to an end.
The Covid-19 pandemic has forced small and medium companies to adopt digital marketing tools to stay alive. This is facilitating a quicker-than-expected rebound in this sector, which accounts for a significant chunk of GDP, employment and growth.
With the US ceding its global leadership role under Trump, the incoming Biden administration will face an uphill task putting his house in order. In the midst of this, Modi’s proactive leadership on climate change, vaccine diplomacy offers hope of an alternative, collective leadership emerging in the new world order.
Diverse economy, sweeping reforms and credible policy frameworks set the stage for post-pandemic priorities.
US data firm finds Indian PM's net approval rating highest among world leaders - and here are the reasons behind it.