Opinion

Reality intrudes, however. Fully incapacitating Iran doesn’t seem to be in the offing, and a new hardliner, Mojtaba Khamenei, has succeeded his late father as the country’s supreme leader. The…

The reality, though, is inconvenient. The most famous term in economics—the ‘invisible hand’—is perhaps also the most misunderstood. Smith used this phrase only three times in his entire published corpus.…

First, a global value chain taskforce should identify the top 20 global firms across priority sectors—electronics, EVs, semiconductors, defence, chemicals and medical devices—and pursue them with a whatever-it-takes mandate: bespoke…

When the Brazilian Air Force acquired advanced military aircraft in the 1960s and 70s, the government, through state-owned enterprise Embraer, required that foreign suppliers transfer manufacturing know-how to Brazilian engineers…

Prediction markets on platforms like Polymarket and Kalshi are witnessing a boom, with wagers being made on outcomes of war, elections, sports and more. Their appeal is undeniable—even as questions…

As war in West Asia drives up oil prices and geopolitical uncertainty, India’s exposure to external risks has grown. In response, we need a renewed focus on sound economic policy,…