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How India's Economy Works

How India's Economy Works

著者: The Core
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Join journalist Puja Mehra as she breaks down one story to give you all the context you need to understand how it fits into the larger picture of India's economy.The Core 経済学
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  • Why India’s Russian Oil Imports are Suddenly Bugging Trump with Suhasini Haidar
    2025/08/28

    In this episode, journalist Puja Mehra speaks to Suhasini Haidar, Diplomatic Affairs Editor of The Hindu, about what India’s failed trade deal with Donald Trump reveals about the country’s foreign policy. The discussion unpacks how India balances principles with pragmatism in global negotiations, the costs of missed opportunities in its own neighbourhood, and the deeper shifts from globalisation to populism that are reshaping trade worldwide. Suhasini also explains why India’s diplomatic space depends not only on economic choices but also on the strength of its democratic and pluralistic values.

    Tune in for insights on how India can navigate uncertainty, define its red lines, and reset its strategy for the future.


    For more of our coverage check out ⁠⁠⁠⁠⁠thecore.in⁠⁠⁠⁠⁠

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    36 分
  • Trump Has Reset India and the World for at Least the Next 15 Years
    2025/08/14

    In this episode, author and journalist Puja Mehra speaks to Neelkanth Mishra, Chief Economist at Axis Bank, about the lessons India can draw from past currency wars to navigate the turbulent years ahead. They discuss how, in the decade after the collapse of the Bretton Woods system, countries devalued their currencies to gain trade advantages—and how similar pressures are resurfacing today as major economies look to depreciate their exchange rates. Drawing on global historical patterns, Mishra explains why India’s medium-term balance of payments outlook is relatively stable, but also why access to foreign capital and careful currency calibration will be crucial for sustaining growth.

    He argues that the current period of global economic flux is a rare opportunity for India to take difficult but necessary reform decisions—removing barriers for entrepreneurs and farmers, improving access to technology, and building resilience against a more protectionist world order. Without such reforms, sustaining current growth rates could become a challenge.

    Tune in for insights on how India can use a moment of global turbulence to drive structural change, sustain economic momentum, and emerge stronger in an era of competitive currency moves.


    For more of our coverage check out ⁠⁠⁠⁠thecore.in⁠⁠⁠⁠

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    44 分
  • Global Upheaval, National Ambition: India’s Policy Shifts in a Time of Flux
    2025/08/11

    In this episode, author and journalist Puja Mehra speaks to economist Dr. Rajiv Kumar about his new book “Everything All At Once: India and the Six Simultaneous Global Transitions” co-authored with Ishan Joshi. The book argues that at a time the world is in a geoeconomic and technological flux, India’s development goals cannot be met through “business as usual.” Drawing on decades of experience, Dr. Kumar explains that India is perhaps the only country in world history that must develop while reducing its carbon footprint at the same time.

    This too at a time the US is abandoning its universalist approach, China is rising, and there is a widespread sense of unease in major capitals at the emergent fragmented world order. The sense of optimism at the end of the Cold War, despite lingering issues of power asymmetry and inequitable growth, has dissipated.

    Dr. Kumar argues that Indian policymakers must ensure they are not seduced into tackling the ongoing transitions in either a piecemeal fashion or within a linear framework. The six global transitions demand a rethink of policy priorities. In the absence of such a construct, India faces the unsavoury prospect of being caught in the middle-income trap, and not achieving its aspirations of becoming a developed economy (Viksit Bharat) by 2047, he cautions.

    Tune in for insights on how India needs to go about developing a new policy framework to successfully address the multiple simultaneous global challenges.


    For more of our coverage check out ⁠⁠⁠thecore.in⁠⁠⁠

    ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Subscribe to our Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

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    35 分
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