Piecing together disparate data for economic and market insights
May 19, 2026 | This appeared in the Economic Times print version on 20 May 2026 (link). The kindest take on the recently concluded US-China summit in Beijing was that the relationship has ‘improved’ from antagonism to direct engagement. That the meeting ended without acrimony was an achievement. The US has recalibrated its approach towards … Read more
This appeared in the Times of India on 14 May 2026 (link). Well into the third month of the Iran war, earlier assumptions of a short-lived conflict have now been well and truly negated. Over the past week, even as physical shortages of oil seem to have eased, the price of oil for March 2027 … Read more
The US-Israel war against Iran is rolling into unrestricted warfare — until oil and gas inventories last This appeared in the Economic Times on 23 March 2026 (link). The war in West Asia is now like a chess endgame in which one side is trying to survive by running down the clock, and the other … Read more
This appeared in the Times of India on 4 March 2026 (link). Nearly everyone expected this to be a short war. Not just those who started it, but also commodity markets. Oil prices jumped around 10% when the conflict started, much less than the reaction when Russia attacked Ukraine. This is understandable: Iran exports only … Read more
This appeared in the Times of India on 2 February 2026 (link) Sometimes, boring and predictable is good, if not great. The FY2027 union budget ticks that box.Greater certainty of fiscal and regulatory policies for businesses and investors enables them to take business risk – an essential condition to reduce India’s long-term cost of capital. … Read more
This appeared in the New Indian Express on 1 February 2026 (link). Published online: 31 Jan 2026, 11:14 pm The 2026-27 budget is being presented at a time of rare macroeconomic stability in India—strong growth with low inflation. This is a result of the government prioritising economic stability over short-term growth imperatives: a conservative and … Read more
Post-US/EU sanctions, energy markets aren’t panicking; there’s other supply & India’s macroeconomy can easily adjust This was published in the Times of India on 25 October 2025 (link). In a change of tactics to end the Russia-Ukraine war, the US has blacklisted two Russian oil majors Lukoil and Rosneft. This is designed to prevent foreign … Read more
Aug 1, 2025, 20:33 IST If India stops buying Russian energy, it won’t lose much because the price advantage per barrel vis-à-vis Brent is down to two dollars or so. But were India & China to stop buying from Russia, global oil prices will likely jump, hurting everyone, US consumers included This appeared in the … Read more
This was published in the Economic Times on 8 July 2025 (link) RBI has eased monetary conditions, with MPC members talking of ‘the need to support growth’. The focus now shifts to the first step in growth restoration-a revival in credit growth, that is, monetary transmission. How fast can credit growth pick up, and by … Read more
Last Updated: May 13, 2025, 12:44:00 AM IST This appeared in the Economic Times on 13 May 2025 (link) An investing Rip Van Winkle who went to sleep on April 1 and woke up now, would not realise the world had seen the biggest shock to global trade since WW2. Equity markets, including in the … Read more