Can India's Consumption Engine Outrun Trump's Trade Shock?

India is betting that tax relief will keep consumption strong even as tariffs squeeze exports. But policy follow-through may be the key.

Alok Kumar Mishra

Iti Vyas

September 11, 2025 at 8:39 AM IST

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Private Banks Lead Hiring as State Lenders Lose Ground in Workforce

India’s banking workforce is growing fast, with private and small finance banks driving change. But the gains are uneven across regions, roles, and gender.

Akshi Chawla

August 13, 2025 at 6:25 AM IST

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India’s Recovery Plan Is Missing Its Fiscal Half

While the RBI has acted to support growth, the Finance Ministry’s virtual silence since the Budget leaves policy looking oddly one-handed.

Dhananjay Sinha

Kalyan Ram

July 20, 2025 at 6:52 AM IST

Backhanded Nationalisation of VI, A Survival Jetpack Or A Transformational Pivot?

India’s quiet takeover of Vodafone Idea won’t fix telecom’s structural rot. Without deep reform, this rescue may just delay the inevitable.

Dhananjay Sinha

April 2, 2025 at 4:01 AM IST

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Top 10 Announcements in Maharashtra Budget 2025-26

BasisPoint Insight

March 10, 2025 at 12:21 PM IST

Renewables

India’s Solar Sprint Risks A Sudden Eclipse

A decade of explosive solar power growth hides a stark reality—projects are stalling, and critical policy gaps threaten the momentum. Without urgent fixes, India's energy transition could short-circuit.

Aabhas Pandya

February 20, 2025 at 3:07 AM IST

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Streamlining Gig Economy Needs More Than Just A Gig

The benefits of formalising the gig economy are far-reaching. Social security provisions such as health insurance and pension schemes will improve the financial well-being of gig workers. However, ensuring comprehensive coverage for all gig workers remains a challenge.

Arti Singh

February 2, 2025 at 11:06 AM IST

Budget Bets On Credibility By Preferring Fiscal Discipline Over Pump Priming

The budget prioritises fiscal credibility over GDP growth, banking on optimistic revenue estimates and middle-class consumption to drive demand.

BasisPoint Groupthink

February 1, 2025 at 5:46 PM IST

Budget Balances Fiscal Discipline With Inclusive Growth

The Union Budget 2025-2026 focuses on fiscal discipline, infrastructure development, and middle-class tax relief to drive sustainable growth. With reforms in FDI, social security for gig workers, and green energy investments, the budget aims to boost economic resilience while fostering inclusive development. Its balanced approach seeks to propel India towards a self-reliant and competitive future.

Alok Kumar Mishra

February 1, 2025 at 3:58 PM IST

For Middle Class, Is The Glass Half Full Or Half Empty?

The Union Budget 2025 offers significant tax relief for the middle class, with revamped tax slabs and higher rebates boosting disposable incomes. However, concerns persist over high inflation, slowing growth, and limited fiscal stimulus. While urban consumption may rise, the budget’s focus on supply-side measures may not fully revive demand.

Rajesh Mahapatra

February 1, 2025 at 10:49 AM IST

BasisPoint Breaking Views Live During Budget 2025

As Finance Minister Nirmala Sitharaman delivers the Union Budget 2025, several key announcements are shaping the government’s economic priorities. Our key insights, filed on the go while she speaks in Parliament, capture the first take on her policy and development moves.

BasisPoint Groupthink

February 1, 2025 at 5:10 AM IST

Sourav Mishra

Sovereign Green Bonds - Red Signal On The Horizon?

Sovereign green bonds were meant to unlock cheaper capital, but the greenium has all but disappeared. With Trump’s return weakening global climate finance, a rethink on their viability is now imperative.

BasisPoint Groupthink

January 31, 2025 at 2:41 PM IST

PSU Bank Privatisation: All Talk, No Action

Despite repeated budget announcements, the government has made little headway in privatising IDBI Bank or other public-sector financial institutions. Investors remain wary, and policy inertia has left critical decisions in limbo.

BasisPoint Groupthink

January 31, 2025 at 2:32 PM IST

Global Minimum Tax – ‘Trumpnado’ Comes As India Braces To Unveil New Rules

India is set to implement OECD’s global minimum tax of 15% in the Union Budget 2025, but the US withdrawal under Trump raises uncertainties. The move may trigger resistance from other tax jurisdictions, challenging the global tax framework.

Shailendra Kumar

January 31, 2025 at 2:08 PM IST

Preserving Macro Stability Amidst Elevated Volatility To Test Budget

The central government should keep its fiscal powder dry by avoiding any fiscal missteps while keeping a close watch on the changing global trade and economic order. Maintaining fiscal discipline, but not overdoing it, will be the key.

Shubhada Rao, Vivek Kumar, and Yuvika Singhal

January 31, 2025 at 1:09 PM IST

Bridging The Urban Divide – What Budget Must Do For Inclusive Urban Development

Urbanisation drives economic growth but deepens inequalities, especially in India's expanding slums. The Union Budget 2025 must prioritise inclusive urban development to bridge this gap.

Alok Kumar Mishra

January 31, 2025 at 12:46 PM IST

Equities Will Remain In A Holding Pattern As Budget Unlikely To Lift Market Ennui

Indian equities are unlikely to gain clear direction from the 2025-26 Union Budget, with fiscal constraints limiting stimulus measures. Market movements will remain range-bound, driven more by liquidity conditions, earnings performance, and global risk sentiment.

Krishnadevan V

January 31, 2025 at 10:05 AM IST

It’s Time To Revamp The Divestment Strategy For Long-Term Wealth Creation

Aligning divestment strategies with market dynamics and long-term objectives can unlock greater returns and valuations. The era of rigid annual targets must end.

Chokkalingam G

January 31, 2025 at 2:17 AM IST

Budget May Have To Reset India’s Growth Engine From Investment To Consumption

It is pointless to debate whether the current slowdown is cyclical or structural; what matters is finding a way forward. The Budget 2025-26 will have to navigate a complex economic landscape where growth momentum has faltered just when it was expected to pick up.

Abheek Barua

January 30, 2025 at 9:44 AM IST

Monetary Policy Can’t Take Up The Government’s Slack To Boost Economic Growth

The narrative of reforms in India over the past five years has largely remained just that—a narrative. September 2019 was the last when the central government undertook serious economic measure when it reduced corporate tax rates. Prior to that was the rollout of GST in July 2017. Economy now needs more than just past reforms.

BasisPoint Groupthink

January 30, 2025 at 9:13 AM IST

The Bureau

Rising Geopolitical Tensions Lift Oil Prices, Keep Market Mood Cautious

Fitch Lifts India’s 2025–26 Growth Forecast to 6.9% on Resilient Domestic Demand

Moody’s Warns AI Could Redefine Sovereign and Corporate Credit by 2030

GST Overhaul Seen Adding 0.7-0.8% to GDP this Year

Setting the Record Straight on Trump’s India Rant

Nominal Weakness Tells the Real Story for RBI

India Bets on SCO to Blunt the Edge of US Tariffs and Sanctions

Setback for Trump Tariffs in US Court, Hope for Traders

Why is Nepal Burning; What It Means for India? | Rajesh Mahapatra ft SD Muni

Sarci-Sense: About Silent Goodbyes & How Middle-Age Friendships Disappear

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