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Swaminomics

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Taxing the rich? The middle class would much rather join them

Led by Thomas Piketty, leftist economists protest that inequalities are getting intolerable, so the richest should be taxed severely. Countering this,...

22.02.2026 10

Swaminomics

Admin

The unelected guardians of Indian democracy

Synopsis India's democracy faces challenges as politicians often prioritize personal gain over public interest. However, the nation's constitution,...

22.02.2026 8

Swaminomics

Admin

Why trade deals can’t help India become a major apparel exporter

India is energetically pursuing Free Trade Agreements (FTAs). It has signed deals with the UK, EFTA, UAE, Oman, and Australia. It has finalised...

22.02.2026 10

Swaminomics

Admin

India’s economy running a marathon & challenges sprinting too

Synopsis India's economy is set for strong growth, exceeding expectations. The Economic Survey highlights rising productivity as a key driver....

22.02.2026 8

Swaminomics

Admin

India-US tariff deal is a ‘humiliating’ cave-in

Synopsis The India-US tariff deal has been widely criticised as a coerced compromise. While US tariffs on Indian goods have been cut from 50% to 18%,...

22.02.2026 10

Swaminomics

Admin

Not the freebies, stupid! What Bihar’s voters know and pundits don’t

Bihar’s surprising landslide victory for Nitish Kumar’s NDA is attributed to coalition expansion and voter focus on good governance, not just...

15.02.2026 3

Swaminomics

Admin

Shielding banks with the antiquated ‘statutory liquidity ratio’ only breeds complacency, abolish it

Synopsis In light of India's ambitious growth targets, there is a compelling appeal for RBI Governor Sanjay Malhotra to rethink the relevance of the...

15.02.2026 1

Swaminomics

Admin

Swami’s Column: A brave move I suggest RBI governor should make

This article was originally published by The Times of India on Nov 19, 2025.

15.02.2026 2

Swaminomics

Admin

India’s Q2 FY26 GDP soars 8.2%: A structural shift reshaping the economy like ’83 cricket triumph

Synopsis India’s Q2 FY26 GDP jumps 8.2%, defying global slowdown. Strong growth in manufacturing, services, and investment signals a structural...

15.02.2026 1

Swaminomics

Admin

India’s 8.2% GDP surprise points to a quiet economic revolution

India’s GDP growth of 8.2% in Q2 FY26 has astonished even seasoned observers. This is not merely ‘better than expected’, or ‘excellent’....

15.02.2026 1

Swaminomics

Admin

Push, not rush. India shouldn’t lock itself into nuclear power

Opening the nuclear power sector to private investors is desirable. But India should proceed cautiously without rigid targets, ready for sharp changes...

15.02.2026 3

Swaminomics

Admin

USA, it’s down down: From global policeman to transactional bully, America’s breeding chaos – affecting India

Synopsis Many Indian analysts and politicians have long argued for a multipolar world. They now have it, formally spelled out in American English....

16.01.2026 20

Swaminomics

Swaminathan S. Anklesaria Aiyar

In 2026 Trumpism could fail but that might not affect India

Trump has triumphed over critics, including me, in 2025. His state of the union message in January foretold a sharp rise in tariffs, and dismantling...

16.01.2026 30

Swaminomics

Swaminathan S. Anklesaria Aiyar

Trumpism won’t triumph: Even if a sharp US slowdown is likely, India should fare well in 2026

Synopsis Despite initial fears of a global recession due to Trump’s protectionist policies, the US and India experienced robust economic growth in...

15.01.2026 10

Swaminomics

Swaminathan S. Anklesaria Aiyar

To put it crudely, Big Oil will scupper Trump’s Venezuela plan

Donald Trump is advertising his abduction of Venezuela’s President Maduro as hard-nosed realpolitik. Without putting troops on the ground, he says...

15.01.2026 10

Swaminomics

Swaminathan S. Anklesaria Aiyar

India wants rupee to be global currency. China’s experiment should offer a stark warning

RBI’s small steps like last week’s to internationalise the Rupee are ok, but don’t think of full convertibility now, the columnist says....

09.10.2025 40

Swaminomics

Swaminathan S. Anklesaria Aiyar

India can attract far more foreign investment, so why doesn’t it?

To achieve that we need second-generation reforms in politically difficult areas like labour, environment, and land acquisition. But even...

08.10.2025 30

Swaminomics

Swaminathan S. Anklesaria Aiyar

₹upee, a ₹eality check

Synopsis India is taking small steps to make the rupee a global currency. This aims to reduce dollar reliance and boost trade. However, past examples...

08.10.2025 10

Swaminomics

Swaminathan S. Anklesaria Aiyar

Sorry economists, the foreign policy experts are right on Trump

The experts advocate a firm stance, urging India to resist yielding to pressure to abandon its independent foreign policy, particularly regarding...

23.09.2025 9

Swaminomics

Swaminathan S. Anklesaria Aiyar

GDP measurements: Undercounting services & quality in favour of goods & quantity needs a fix

Synopsis Current GDP measurements, primarily designed for goods, inadequately capture the value of services, which now dominate economies like the US...

23.09.2025 5

Swaminomics

Swaminathan S. Anklesaria Aiyar

Slowdown scare to ‘miracle economy’, India’s growth defies pessimists

The Indian economy is performing well. Recent growth figures have surpassed expectations. Despite concerns from economists and potential trade impacts...

23.09.2025 30

Swaminomics

Swaminathan S. Anklesaria Aiyar

Is this a sign of our times? Trump’s signature controversy takes over US politics

Synopsis A controversy erupts over Donald Trump’s signature. It appears on a birthday note to Jeffrey Epstein. The note includes a drawing. Some...

23.09.2025 7

Swaminomics

Swaminathan S. Anklesaria Aiyar

Quick trials a better way to tackle corruption than 30-day shortcut

Proposed Indian bills could oust elected officials jailed over 30 days, sparking opposition uproar. Critics fear misuse against political rivals,...

26.08.2025 10

Swaminomics

Swaminathan S. Anklesaria Aiyar

2,735 reasons why India needs to cut red tape

India’s ambitious renewable energy goals are threatened by excessive red tape, exemplified by the 2,735 compliance obligations for solar plants....

18.08.2025 8

Swaminomics

Swaminathan S. Anklesaria Aiyar

India needs to punch back on Trump’s tariffs

India must levy reciprocal tariffs. It is not as a show of aggression, but for balance and credibility in its trade relationships. Failing to...

18.08.2025 9

Swaminomics

Swaminathan S. Anklesaria Aiyar

Why India must lionise Trump and nominate him for Nobel Peace Prize

India must be prepared for repeated tariff threats in the rest of Trump’s term. But there are ways in which New Delhi can deal with the US president...

18.08.2025 10

Swaminomics

Swaminathan S. Anklesaria Aiyar

US trade dragon or chicken? Why India should strike a tough bargain with Trump

Initially, nations appeased Trump’s trade tactics, but China’s firm stance proved more effective. Trump’s ‘reciprocal tariffs’ faced market...

17.08.2025 10

Swaminomics

Swaminathan S. Anklesaria Aiyar

India may still cross the ‘miracle economy’ benchmark of 7% GDP growth

India’s economic growth is exceeding expectations, with FY24 revised to 9.2% and FY25 projected at 6.5%. Despite global uncertainties and slower...

13.08.2025 10

Swaminomics

Swaminathan S. Anklesaria Aiyar

America as a retreating empire is making way for a conflict-ridden world, as well as a weakening America

The end of American dominance may bring global challenges. History shows the fall of empires leads to instability. US-led post-World War II system...

13.08.2025 10

Swaminomics

Swaminathan S. Anklesaria Aiyar

With US in decline, voters who usually avoid extremes are now okay with it

Zohran Mamdani’s New York mayoral primary win signals a potential leftward shift in the Democratic Party, despite right-wing criticism. The US faces...

13.08.2025 10

Swaminomics

Swaminathan S. Anklesaria Aiyar

Go on, give the Don a bone: Why India must nominate Trump for Nobel, and be tough on issues that matter

India denied that Trump had anything to do with the India-Pakistan ceasefire, and this really pissed him off. To recover ground, India must nominate...

13.08.2025 10

Swaminomics

Swaminathan S. Anklesaria Aiyar

For India, there is a bigger worry than US tariffs

The main impact on India will not be US tariffs. It will be the coming recession caused by Trump’s actions. That will depress the GDP of all...

11.04.2025 9

Swaminomics

Swaminathan S. Anklesaria Aiyar

Tariff trouble: Is Trump’s economic strategy a recipe for disaster?

Unless he suddenly changes direction, which is unlikely, Donald Trump is committing political suicide. His enormous tariff increases, inducing...

11.04.2025 10

Swaminomics

Swaminathan S. Anklesaria Aiyar

Who can stop Trump from committing economic and political suicide?

Donald Trump is seeking a place in history as the president who destroyed the post-WWII order and made America great again. But he’s going to become...

11.04.2025 20

Swaminomics

Swaminathan S. Anklesaria Aiyar

It’s no longer an N-word: With US removing security guarantees, everybody will want to get nuked up

Donald Trump has not formally ended the US nuclear guarantee for other Nato members. But after he joined hands with Russia in the UN and treated...

09.04.2025 10

Swaminomics

Swaminathan S. Anklesaria Aiyar

Husain auction record may be the big breakthrough moment for Indian art

As India moves towards high-income status, the number of art buyers is skyrocketing and the market is taking off. This happened two decades ago in...

09.04.2025 10

Swaminomics

Swaminathan S. Anklesaria Aiyar

There ain’t no Golden Age-Just Trump, turmoil, and financial freefall

Donald Trump wants to smash the current world economic order, whose financial anchor is the dollar. If Trump’s changes erode faith in the financial...

09.04.2025 10

Swaminomics

Swaminathan S. Anklesaria Aiyar

After Trump tantrums, will gold replace dollar as global anchor?

Donald Trump is considering a plan to force US gilt holders into swapping them for lower-value 100-year bonds, undermining a cornerstone of the global...

09.04.2025 10

Swaminomics

Swaminathan S. Anklesaria Aiyar