India’s fiscal arithmetic is tightening, and the Union government has turned again to asset recycling. The second edition of the National Monetisation Pipeline, steered by Niti Aayog, aims to mobilise Rs 16.72 trillion, with roughly Rs 6 trillion expected from private capital. With borrowing pressures rising and public capital expenditure showing signs of moderation despite…
 Think Lesotho. A kingdom of just 2.3 million people, a landlocked highland, surrounded by South Africa. It has deep and widespread poverty, among the highest HIV/AIDS prevalence, and a per capita income about half of Pakistan’s. It has a unique industrial strength, however. It is called the jeans hub of the world. The…
India and the United States have agreed to a trade arrangement that lowers American tariffs on Indian goods, giving exporters unexpected breathing space and lifting market sentiment. After a conversation between PM Modi and President Donald Trump, Washington reduced the reciprocal tariff on India to 18 per cent and withdrew the penalty linked to Russian…