ProfessorN.in

Economy

Economy

The Self-Inflicted Wounds of America's Economic Nationalism

In Short:Donald Trump’s trade wars and protectionist tariffs have failed to eliminate America's trade deficit or offset its $1.9 trillion budget deficit. With total debt topping $40 trillion, 96% of tariff costs hitting US consumers, and foreign investors fleeing Treasury bonds, rising interest rates threaten to exacerbate national financial instability.

14 September 2026
Economy

The Mirage of a Multipolar Money Order

In Short:Despite representing significant economic scale, the BRICS block has failed to challenge Western financial hegemony. Its New Development Bank's lending pales beside the World Bank's output, dollar usage remains dominant globally, and member states lack strategic alignment on de-dollarization, leaving the traditional Bretton Woods system largely entrenched.

14 September 2026
Economy

Capital Without Borders, Workers Without Power: The Mechanics of Modern Crisis

In Short: Noted economist Prabhat Patnaik argues global capitalism faces a structural crisis of stagnation and overproduction. While capital is globalized, labor and nation-states remain localized, suppressing real wages and aggregate demand worldwide. Because mobile capital blocks traditional tax or deficit interventions, governments resort to protectionism and political distraction rather than systemic reform.

12 September 2026
Economy

The Petrodollar’s Long Twilight: How Energy Geopolitics and the Petro-Yuan Are Testing Washington’s Financial Dominance

In Short:The petrodollar system, established in 1974 to anchor global dollar dominance through energy trade, faces growing fragmentation. As sanctions drive nations like China and Iran toward non-dollar clearing networks like CIPS, alternative currencies like the petro-yuan threaten Washington’s long-standing financial leverage and its reliance on foreign Treasury purchases.

11 September 2026
Economy

A Tale of Three Indias: What Apple’s Boom Reveals About Structural Inequality and Credit-Fuelled Aspiration

In Short: Apple’s rapid growth in India highlights a deeply split economy. With the top 10% holding 58% of national income, luxury brands target affluent consumers alongside an ambitious middle class. Supported by widespread installment financing (EMIs), middle-class buyers increasingly leverage future earnings to fund high-status devices despite stagnant average incomes.

11 September 2026
Economy

The De-Risking Revolution: BRICS Summit Tackles Greenback Weaponisation

In Short: Rather than seeking to destroy the US dollar, BRICS nations are pragmatically building parallel financial structures. By interconnecting domestic payment systems, trading in local currencies, and establishing workaround banking channels, the bloc aims to hedge against Western sanction risks while preserving national sovereignty in an increasingly fragmented global economy.

10 September 2026
Economy

The Mechanics of Avoidance: How India and Russia Built a Parallel Settlement System

In Shots:India and Russia restructured bilateral trade to bypass the US dollar following Western sanctions, relying on local-currency Vostro accounts. Addressing severe trade imbalances, the system now uses sovereign bonds, third-party clearing, and direct messaging networks. Consequently, 96% of their $70 billion trade settles without greenbacks.

9 September 2026
Economy

Rupee Veto: Why India Is Blocking a BRICS Currency

In Short: India’s rejection of a unified BRICS currency stems from a refusal to cede monetary sovereignty or risk Chinese financial hegemony. Fearing structural imbalances, trade risks with Beijing, and Western friction, New Delhi instead champions bilateral local-currency trade, UPI integration, and central bank digital currencies, prioritizing strategic autonomy over symbolic anti-dollar initiatives.

8 September 2026
Economy

The Myth of the BRICS Currency: Why the Greenback Is in No Immediate Danger

In Short: A common BRICS currency remains an economic fantasy due to internal rivalries, lack of macroeconomic alignment, and India’s explicit opposition. Instead, member nations are pursuing financial de-risking by expanding local currency trade, alternative clearing systems, and digital payment networks to bypass potential U.S. sanctions without replacing the dominant dollar.

7 September 2026
Economy

Real Estate in India: Between Concrete Hopes and Structural Realities

In Short: India’s real estate market is undergoing a structural shift. Rising interest rates and high land costs have cooled entry-level housing sales, while premium developments remain resilient. As regulatory oversight consolidates the market under larger developers, sustainable growth will increasingly depend on bridging mid-market affordability gaps and improving urban municipal infrastructure.

5 September 2026
Economy

The Tears Of The Market: The Fragile Economics Driving Up India’s Onion Prices

In Short: Onion prices surged due to unseasonal weather, high post-harvest losses, market concentration Insufficient government procurement. With output concentrated in Maharashtra, regional climate shocks disrupt national supply and allow wholesale traders to exploit price volatility. The cyclical boom-and-bust nature of planting creates recurring shortages.

3 September 2026
Economy

The Bullion Slump: Why Gold Price Is Falling Again

In Short: Despite escalating geopolitical conflicts in the Middle East, high global energy prices, and continued central bank buying, all conditions that traditionally drive investors toward gold as a safe-haven asset, gold prices have dropped sharply. Why?

3 September 2026
Economy

India's Flattering Growth Mirage

In Short: India’s impressive 7.8% quarterly GDP growth hides significant underlying structural weaknesses. Driven mainly by government infrastructure spending and luxury consumption among wealthy households, the expansion masks falling real rural wages, stagnant urban incomes, and a shrinking share of broad-based private consumption. Headline figures overstate true economic well-being for most citizens.

3 September 2026
Economy

Blaming the Bullion: Why Modi’s Call on Gold Misses the Real Dollar Drain

When Prime Minister Narendra Modi issued a nationwide call urging citizens to curb foreign spending, trim petrol and diesel consumption, and freeze gold purchases for a year, the narrative appeared straight out of an economic textbook.

2 September 2026
Economy

The Looming Spectre of the Artificial Intelligence Bubble

Silicon Valley has long operated on the alchemy of turn-of-the-century technological optimism combined with cheap capital.

31 August 2026
Economy

The 99.97% Haircut? How The Scissors Worked In The Subhash Chandra Case

A recent ruling by India's National Company Law Tribunal regarding Subhash Chandra, the founder of Essel Group, offers an instructive lesson in modern financial engineering.

31 August 2026
Economy

India’s Biofuel Gamble: How E20 Ethanol Policy Threatens Food Security

On paper, the arithmetic of India's aggressive biofuel mandate appeared unassailable.

30 August 2026
Economy

A Fractured Continental Engine: Why Donald Trump’s Auto Tariffs Threaten the Industrial Architecture of North America

WHEN the White House announced on August 24th that imports of Canadian automobiles, trucks, components and steel would face a punitive 50% tariff from January 1st 2027, the pronouncement was intended as a calculated assertion of economic hegemony.

27 August 2026
Economy

Uncle Sam’s $40 Trillion Debt Hangover

The public debt of the United States has quietly crossed the $40 trillion threshold.

22 August 2026
Economy

Bitter Sweet: The Unintended Costs of India’s Ethanol Drive

SOMETIMES THE simplest market interventions yield the most convoluted distortions.

21 August 2026
Economy

Under the Shadow of Tariffs: United States New Pressure Strategy Against INDIA

Trade negotiations between Washington and New Delhi remain incomplete, yet economic pressure from the United States continues to intensify.

20 August 2026
Economy

Turning Bullion into Growth: How India Plans to Unlock Its Gold Vaults

As India targets a 25-trillion-dollar economy by 2047, policymakers and market observers are confronting a curious paradox.

20 August 2026
Economy

Golden State Gamble: California’s Billionaire Wealth Tax Faces the Voters

## Voters in the Golden State will soon decide whether to levy a 5% tax on billionaires.

19 August 2026
Economy

Trouble at Bombay House: N. Chandrasekaran’s Early Exit Exposes Deep Fractures at Tata

After a decade at the helm of India’s largest conglomerate, Natarajan Chandrasekaran signals his exit amidst deep strategic fractures over new-age bets, Air India, and the battle over public listing ## MUMBAI When Natarajan Chandrasekaran stepped into the top office at Bombay House in 2017, his appointment was hailed as a quiet revolution.

14 August 2026
Economy

India’s Golden Crutch: A Massive Surge in Gold Loans Exposes Household Vulnerabilities

By the end of March 2026, the total outstanding volume of gold loans in India crossed 19.4 trillion rupees.

13 August 2026
Economy

Growth Without Grace: The Deep Roots of India’s Discontent

In the glittering boardrooms of Mumbai and the high-rise tech parks of Bengaluru, India’s economic narrative seems unequivocally triumphant.

12 August 2026
Economy

India’s Credit Binge: How Easy Money and Digital Lenders Are Trapping Households

Across urban and semi-urban India, a subtle shift in household finance has quietly mutated into a systemic vulnerability.

10 August 2026
Economy

Unlocking the Blue Frontier: India turns to offshore reserves to power its growing economy

For a nation boasting 7,500 kilometers of coastline and an Exclusive Economic Zone spanning roughly two million square kilometers, India has long treated its surrounding waters as little more than a highway.

9 August 2026
Economy

Graduating into the Void: The Economic Engine Behind the Cockroach Moment

Graduating into the Void: The Economic Engine Behind the Cockroach Moment India is currently witnessing a strange and unscripted theatre of dissent.

7 August 2026
Economy

A Price on Progress: Why India’s Proposed Digital Payment Fee Threatens Its Financial Miracle

Fresh legislation introduced in the Lok Sabha marks a quiet pivot in India’s economic policy.

5 August 2026
Economy

The Paradox of Plenty: Growth Without Prosperity in Modern India

The study of economics in India has often been described as a science of the incomprehensible.

29 July 2026
Economy

The Great Indian Gear Shift

In the chaotic ballet of India’s metropolitan traffic, a quiet revolution is taking place.

29 July 2026
Economy

The Arbitrage Anomaly: India's Dollar Dilemma

India finds itself in a curious economic predicament.

20 July 2026
Economy

The GDP Paradox: India's Long Walk to Prosperity

For years, the refrain has been the same: India is the fastest-growing major economy in the world.

19 July 2026
Economy

The Cartography of Contradiction: Andhra Pradesh’s Capital Conundrum

When the history of Andhra Pradesh’s post-bifurcation era is written, the central theme will likely be the search for a fixed point on the map.

19 July 2026
Economy

The Squeezed Middle: Why India’s Salaried Class Feels Taxed to the Bone

As the deadline for filing income tax returns approaches, a familiar grumble echoes through the living rooms of India’s salaried middle class.

18 July 2026
Economy

Reality Check for Tesla in the Indian Market

The grand arrival of Tesla in India was once viewed as a watershed moment for the country's burgeoning electric vehicle sector.

17 July 2026
Economy

The Pursuit of Size: India’s Banking Consolidation Revisited

For years, the corridors of power in New Delhi have been fixated on a singular architectural goal for the financial sector: building national champions.

17 July 2026
Economy

India’s Energy Resilience: A Balancing Act Amid Global Turbulence

The volatility of West Asian geopolitics has long served as the ultimate stress test for energy-dependent economies.

11 July 2026
Economy

The Gathering Economic Storm Over India

The gathering economic storm over India India’s current predicament is not the result of a single catastrophic event.

11 July 2026
Economy

The Great Economic Disconnect

The Great Economic Disconnect Economic indicators often resemble a freshly watered vegetable stall.

11 July 2026
Economy

The talent trap: Protectionism and the future of American innovation

Politicians often find that economic reality is a stubborn obstacle to campaign rhetoric.

10 July 2026
Economy

Five Forces Driving Gold Prices Down

The recent downward trajectory of gold prices has caught many by surprise, particularly after a prolonged period of record breaking gains.

8 July 2026
Economy

The untold story

Amidst talk of high growth and investment in the State of Telangana, there are significant development fault lines that need urgent public policy attention.

4 July 2026