Economy

An old law framed to shield the US shipping industry, the Jones Act of 1920, was suspended after the Iran war broke out. That it’s an economic dead-weight is amply clear now that fresh evidence is in. So why not jettison it for good?

Public infrastructure attracts capital if users are ready to pay fair and transparent usage charges. In the case of NPCI’s UPI too, the user-pays principle should apply. Let the Reserve Bank of India’s e-rupee serve as the country’s digital cash.

No-frills basic-economy fares have always had restrictions, but the list keeps growing.

Rate hikes are more likely to be reactive than proactive, becoming a real possibility only if core inflation sustains above 4.5% in a broad-based manner.

Tokyo and Washington have said they acted in concert to strengthen the yen against the dollar. This revives the spirit of the 1985 Plaza Accord—which haunted Japan’s economy for decades thereafter.

The two tech giants are at odds amid US confusion over the rise of Chinese AI. While one sees AI models as a point of intervention, the other supports chip export restrictions. Each has a self-interest at stake, but is that what should determine US policy?

The US Federal Reserve's interest-rate decisions influence currencies, markets and borrowing costs worldwide. Here's how a Fed pause can affect India's economy, investments and your finances.

From automobile sales to GST collections, July’s numbers spell good news on the growth front for India. While we may have escaped the worst feared effects of the war in West Asia, price stability remains a concern.

While hard restrictions on retail investors investing money abroad have served the country well so far, it's time for a change. Let’s ease capital controls so that market forces can reward investors and reduce India’s macro instability on the external front.