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Is it the end of the American Dream for Indians

Rajeev Narayan When the US government announced a one-time surcharge of $100,000 on new H-1B visa petitions from September 21, many Indians in the United States felt a long-dormant tremor suddenly cracking open the ground beneath them. The move has been presented as a reform, but for the Diaspora, it feels like a rupture in trust. After decades of building lives, contributing to American innovation and raising children who straddle two...

Indian manufacturing pivot steps in to save the day

Rajeev Narayan A year into its third term, Modi 3.0 has outlined strategic plans to bolster manufacturing, a saviour of sorts for the Indian economy at a time when external pulls and the US policy shifts are chaining the services sector down. Within manufacturing, the Production-Linked Incentive (PLI) scheme has become the juggernaut, with “sustainable, high-tech and value-driven” initiatives joining the ranks. The end-goa...

Indian manufacturing pivot steps in to save the day

Rajeev Narayan A year into its third term, Modi 3.0 has outlined strategic plans to bolster manufacturing, a saviour of sorts for the Indian economy at a time when external pulls and the US policy shifts are chaining the services sector down. Within manufacturing, the Production-Linked Incentive (PLI) scheme has become the juggernaut, with “sustainable, high-tech and value-driven” initiatives joining the ranks. The end-goa...

Seven Sisters lead India's high-end online shopping spree

Rajeev Narayan Delhiites might brag about their designer showrooms and Mumbaikars their boutique-lined streets, but when it comes to high-end online shopping, the metros are being upstaged. The real action is in the misty hills of Nagaland, Mizoram, Manipur, and Meghalaya, where India’s ‘faraway’ shoppers are clicking their way to a retail revolution. From serums to sneakers, the Seven Sisters in India’s North-E...

Seven Sisters fuel the high-end online shopping spree

Rajeev Narayan Delhiites might brag about their designer showrooms and Mumbaikars their boutique-lined streets, but when it comes to high-end online shopping, the metros are being upstaged. The real action is in the misty hills of Nagaland, Mizoram, Manipur, and Meghalaya, where India’s ‘faraway’ shoppers are clicking their way to a retail revolution. From serums to sneakers, the Seven Sisters in India’s North-E...

US tariffs boomerang and hit the American medicine cabinets

Rajeev Narayan Barely weeks after Washington imposed a 25-per cent tariff on Indian imports—doubling it to 50 per cent penalty over New Delhi’s crude Russian oil purchases—the blowback is being felt not in India but in America’s pharmacies. The wheel has turned, and the sharp edge is cutting US patients. Shelves are thinning, shortages are mounting and the medicines that remain are being sold at inflated mark-ups. T...

India is the only stable country in South Asia

Rajeev Narayan South Asia’s political landscape resembles a furiously-revolving stage, with leaders getting ousted, systems overturned and crises erupting with clockwork regularity. India, often the reluctant anchor in this tempestuous theatre, finds itself balancing stability at home against chaos abroad. And hovering over it all is China—once adversary, now being firmly recast as formidable and returning partner. Nepal re...

FMCG firms are focusing on Bharat to boost sales

Rajeev Narayan An interesting trend is being observed in India’s FMCG camp today—with sales slipping in urban markets, companies are increasingly shifting focus to smaller cities and rural India, where demand still remains strong. That’s because urban middle-class spending has buckled, with ‘real’ food inflation crossing the 10-per cent mark. Official figures paint a rosy picture, claiming a year-on-year retai...

Investment options are low, risky, and future projections fuzzy

Rajeev Narayan Here’s a challenge for you. Try looking at today’s available investment options from all possible angles and select one that is not scary, slippery, or uninspiring. After your effort, you will find out that the returns are too low to inspire, or the risk quotient so high that it scares away even the most daring, or future projections so fuzzy that it is beyond comprehension for most of India’s middle-class ...

Investment options are low, risky, and future projections fuzzy

Rajeev Narayan Here’s a challenge for you. Try looking at today’s available investment options from all possible angles and select one that is not scary, slippery, or uninspiring. After your effort, you will find out that the returns are too low to inspire, or the risk quotient so high that it scares away even the most daring, or future projections so fuzzy that it is beyond comprehension for most of India’s middle-class ...

India faces Hobson’s choice in dealing with the US on Tariffs

Rajeev Narayan Much like the Devil’s Alternative, Hobson’s choice was born under duress. It came into being in the 17th century, when Thomas Hobson, a Cambridge carrier who hired out horses, offered customers only one choice: take the horse closest to the stable door, or none at all. Nearly 300 years later, India faces a similarly daunting decision in its dealings with a tariff-hungry United States. Should it jump astride a wil...

Why the Skies are raining death

Rajeev Narayan Last week, I took my monthly drive into India’s mountain roads, my sanctuary of peace, serenity, and solace. I had to return halfway as my tranquil mountains were spitting at me, as the greed of humans had turned them into a macabre theatre of destruction, disaster, and despair. All around, I could see mindless deforestation, haphazard development, and collusion. The writing is loud and clear—tired of being carve...

Are the US tariffs going to impact India's domestic market

Rajeev Narayan India’s private sector has often been accused of being pampered at home and punished abroad. The latest US tariff cascade under President Donald Trump—rising from 25 to 50 percent, with warnings that the dreaded levy could climb to 70 percent—poses a tough question. Are Indian consumers and exporters paying a hefty price to keep profitability at home robust, even as global market access erodes and Indian co...

India set to explore alternatives to Russian oil

Rajeev Narayan In a move that has sent shockwaves through global corridors and thrown diplomatic calculations into a tizzy in New Delhi, the United States has imposed 50-per cent tariffs on India, citing the latter’s imports of discounted Russian oil as the ‘core provocation’. Orchestrated through an executive order by President Donald J Trump, the move has brought a once-manageable energy trade policy into the epicentre ...

Trump's tariff strike throws major challenges to Indian diplomacy

Rajeev Narayan When United States President Donald J Trump threw the 25 percent trade tariffs punch at India, an entire nation cowered, but there remained an intrinsic belief that historical friendship and across-the-table negotiations would save the day. That hope now stands belied, as the US has raised the stakes and announced a further 25 percent ‘penalty’ on India for its import of crude oil from Russia. With the trade ...

Infrastructural leap will transform India for generations to enjoy its gains

It is not a leap of faith, but concerted planning and implementation that have seen India emerge as an infrastructural superpower. There’s more on the anvil. Rajiv Narayan It is inappropriate to start a column with a personal vignette, but I am nonetheless doing so, for I spent the last 15 days visiting various hospitals in and around Delhi-NCR trying to find out what was wrong with my missus (apart from her temperament and ...

India’s UPI transactions account for 86 percent of GDP

A chance episode a few years back ushered me and much of India into a new era—where digital technology now possesses us and has changed our world Rajeev Narayan It takes but a tweak to bring about discernable change. For me, this happened a few years back, when the missus and I could not find a cab to return home from the Press Club in Delhi. Well a mite past midnight, an auto-rickshaw pulled up and asked where we would like to g...

India at 77 years: We have Miles to go before we sleep

It is time to be gracious, as India has come a long way. Sure, the distance yet to be covered is long, but a good foundation leads to good living and global love Rajeev Narayan Today, we celebrate the 77th year of India’s independence, our independence, when Indians are allowed to freely walk down India’s streets without remonstration or rebuke, and always with gay abandon. Don’t sell this point short, or comment on m...

Access to US critical technologies is a big push for India's growth story

Rajeev Narayan/ It takes but a tweak to bring about discernable change—and here, we should surely consider what bringing down the wall did not just to Germany but to Europe too. A similar beginning was made a few days back by India when National Security Advisor Ajit Doval was welcomed into the White House by his counterpart Jake Sullivan to launch the ‘next milestone’. What is this milestone? Well, to br...

Fuel prices are out of control

Rajeev Narayan Around Diwali last year, with assembly elections looming in five states, we got a bumper gift from the powers that be, with the Government buckling under political pressure and reducing excise duties on petrol and diesel, bringing both fuel types under the Rs 100-per-liter mark. A few weeks after the results, price hikes are back and this time around, they are steep and ferocious. This is even...

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