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The Delhi Electricity Regulatory Commission¿s latest tariff order for the year 2004-05 has once again increased average power tariffs by almost 10% and hit the poor the hardest even as private utilities have virtually failed to control billing losses and power thefts.
The unilateral tariff imposition by the United States on various countries has started a trade war that threatens to adversely affect the world’s major economies. This paper finds that no country, including the US itself, is likely to benefit from a tariff war. In India, some analysts had expected that the country’s export penetration in the US and elsewhere will increase, as China loses out. An analysis of trade data, however, shows that whi
To check non-tariff barriers in the south Asian region, India being the largest economy in the region must take the lead, but other partners must extend cooperation and come together on a common platform.
The real undercurrent of US concerns relates to how China's advancement in technologies that can enhance its rising military capabilities.
The tariff war is not the only issue hindering cooperation. Differences over Taiwan and the South China Sea, the basic lack of trust in the relationship is acting as a dampener across the board.
The WTO has been considerably weakened.
This two-part article series aims to reason the factors that have initiated and promoted anti-Indian sentiments in the neighbourhood. This part will e
The Indian electricity market's future might incline towards renewable energy suppliers, possibly featuring specialised green providers.
China has been less harmed by the tariff war than was expected, and it has been remarkably resistant to the Covid-19 pandemic. It is the only economy in the IMF’s World Economic Outlook update that is likely to have a positive growth rate of 1 per cent in 2020. This has probably reinforced Xi’s belief that a strong one-party state is better able to handle the challenges. He has also pushed state-owned market enterprises to follow market rules
While arguments over methodologies and calculations will find its way to the courts, the telecom regulator believes that symmetry in tariffs will bring about symmetry in traffic.
A successful conclusion of the FTA with EU would go a long way in building international market confidence, giving much needed stimulus to the international economy. The loss of revenue from reduction in tariffs should be viewed in gains of transfer of technology, productivity increases and greater competition.
The barriers erected by the Global North are intended to facilitate domestic investment in green energy industries but they will curtail the productio
By some accounts, the economy is doing spectacularly well. At the same time, infrastructure has been deteriorating.
India should follow a path that does not make it overtly reliant on schemes from a developed country. It must instead use such benefits to improve the
This paper considers and explains the shifts and consistencies in India’s engagement with structures of global trade governance beginning from the Uruguay round of trade negotiations in late 1980s. It makes three major arguments. First, that although India has participated actively in global trade negotiations since the establishment of the General Agreement on Trade and Tariffs (GATT) it was only under the present-day trade governance institut
To meet the SDG target of universal access to electricity and regain the lost momentum, off-grid solutions must be embraced in the short term
India is the world’s largest rice exporter, making it a significant player in the global rice market. A global rice shortage is anticipated amid rising geopolitical tensions and commodity prices. To safeguard domestic consumers from exorbitant price shocks, India has banned the export of non-basmati white rice since July 2023. This paper examines the ban's implications, especially regarding welfare redistribution among basmati and non-basmati f
As Maldives faces a complex economic landscape driven by import dependencies and fiscal policy challenges, strategic policymaking is imperative
At this juncture of weak economic performance, India has done well not to sign the treaty. It can still join if its main complaint about rapid tariff reduction by 80 to 90 per cent on imports from China is resolved. Also, its concerns about services have to be dealt with, especially regarding the movement of service workers within the region. India could not at this point have opened its huge market to ASEAN and China unconditionally.
The latest round of Trump tariffs got a tough response from Beijing. Chinese authorities declared that they would fight back against US plans at any cost.
The Stand-By Agreement from the IMF staves off the possibility of Pakistan defaulting on its debt, but only temporarily, not indefinitely.
The COVID-19 pandemic has highlighted two features of the Nepal-India economic relationship: Nepal’s ballooning trade deficit, and unrestricted cross-border movement of people of both countries. Attributing the trade deficit entirely to supply-side constraints is neither accurate nor conducive to the overall health of the relationship. This brief suggests ways towards more sustainable trade relations between India and Nepal, among them, India r
PM Modi's decision not to join RCEP is an admission that even the prospect of joining a massive regional trade agreement isn't incentive enough for New Delhi to launch deep economic reforms.
In the light of the fact that India is not a member of the Trans-Pacific Partnership, it is important for the country to forge a deal in RCEP. In the current scenario, there have been increasing attempts by Indo-Pacific region members to voice growing concerns regarding Non Tariff barriers hindering trade prospects in the regional bloc.
India's historical inclination to address water deficits by focusing on supply-side parameters underscores the urgency to implement a stringent water
United States and India must ensure their current trade and tariff issues do not lead to serious strategic disagreement. The two cannot afford to miss the emerging geopolitical realities driven by China’s growing power.
The responses to the pandemic suggest a greater scope of regional cooperation among the countries in the Bay of Bengal region.
With elections due in 2024 in both the EU and the US, stabilising the relationship and easing lingering tensions before potential changes in leadershi
India and EFTA have ratified a Trade and Economic Partnership Agreement, pledging to boost trade and investment while upholding IPR and sustainable de
WTO needs to develop a set of parameters to ascertain which countries qualify as “developing” in order to wind up the challenge associated with S&
Among India's neighbours, Bangladesh occupies a special position not only because of India's role in its liberation but because geographically, too, it surrounds Bangladesh from three sides. The beginning of close economic relations between the two countries can be traced back to 1971. After its independence, Bangladesh's requirements of consumer goods, especially food, came from India. Over the years, the country has sought easier access to Indi
The upward revision of rates by the irrigation and electricity department is adversely impacting the ULBs in Maharashtra
The United States (US) has revoked India’s benefits under the Generalized System of Preferences (GSP) and imposed Section 232 tariffs on Indian steel and aluminium. In response, India announced retaliatory tariffs. This brief probes the ongoing trade tensions between India and the US, despite a reduction in the trade deficit. It discusses the heightened influence of the office of the US Trade Representative (USTR) and outlines its apprehensions
This brief analyses the impacts of the withdrawal of the United States’ Generalized System of Preferences (GSP) programme on India’s exports, domestic production and employment.[1] Until 5 June 2019, when the GSP withdrawal came into effect, India was the largest beneficiary of the GSP of which it had been part since 1974. A decline in exports to the US was anticipated as items under zero-tariff rate were subjected to a higher rate after wi
With its emphasis on decreasing India’s ICT import duties across the board, the US is in a way batting with China against India, not realising that
It seems like the 2024 US election is riding on issue-centric campaigns, given the limited impact of persona from either party
US-China relations have been rocky since 2018 when the two sides started a tariff war and the US began to restrict the export of semiconductors to China. And then came Covid-19 and as the situation in the US deteriorated, rhetoric against China began to rise. It has been opportunistic, driven by the hope that it would make the electorate overlook shoddy handling of the pandemic by the Trump administration.
The average tariff rate for WTO member countries was down to nine per cent in 2013.
Investment restrictions and import tariffs cannot by themselves stop China’s technology juggernaut.
This paper highlights the importance of water valuation and pricing for sustainable and efficient water allocation and management in India. An efficient water-pricing mechanism could be a tool to address the impending crisis of water scarcity, which necessitates a robust, objective, and holistic valuation technique. Every unit of water consumed for economic purposes has an ecological footprint, and this opportunity cost or externality factor need
Due to unilateral tariff imposition and other pre-pandemic trade restrictions that undermined the multilateral trade order, the focus has now shifted
The Delhi government is in no mood for sparing the discoms and discoms on the other hand do not want to give up their inertia. The AAP promised tariff reduction and slashed the same by 50% after coming to power.
Whether the new India-EFTA trade deal that has been touted as “modern, fair, and equitable” would be able to correct the prevalent trade imbalance
While there has been no perceptible effect of tariffs on the economy of either the US or China so far, additional tariffs which could eventually cover the entire $500 billion of US imports from China will most certainly have a negative effect on both countries and the world.
युरोपीय संघ आणि भारत यांच्यात सध्या सुरू असलेल्या डब्ल्�
The ongoing WTO dispute settlement between the EU and India could encumber India’s efforts to boost the domestic electronic product manufacturing se
