Saturday 28 Nov 2020 | 13:46 | SYDNEY
What's happening on

India's Economy

India heads towards economic autarky

India’s Foreign Minister Subrahmanyam Jaishankar this week made the clearest statement yet that India intends to head back down the road of economic autarky – for strategic reasons. This would represent a U-turn on almost 30 years of trade liberalisation, with profound effects for India’s role

Economic diplomacy: Borders, barriers and obstacles

Homeward bound While Australia’s embrace of economic sovereignty has so far involved more rhetoric than real financial resources, cash incentives for reshoring manufacturing are gathering pace in other countries. Last week’s €100 billion (A$162 billion) economic stimulus program from French

India’s RCEP reticence

Despite the modern proliferation of free trade agreements, there is an enormous gap between free trade as it is understood and advocated by those who benefit from it, and free trade as it is practiced today. The understanding of economic integration is diverse and complicated – at its heart sits a

Modi banking on jobs from Make in India

Make in India. It’s one of Narendra Modi’s signature policies - trumpeted by the prime minister to both domestic and foreign audiences, and exhaustively promoted by his government with savvy marketing campaigns. Its chief symbol - a stalking lion comprised of cogs and wheels - has become