Special Report No. 11
By Piyush Verma, Medha Prasanna, and Sarah Salah
By Udaibir Das
If the governor is the last port of call, choosing one is not a staffing decision. The question is no longer who is senior or who is loyal, but who can fight a fire, who can say no and whose word the market will trust at three in the morning. Independence can be hollowed without being repealed. The clause reads perfectly while the substance is gone.
Background Paper No. 38
By Jeffrey D. Bean and Dhruva Jaishankar
By Udaibir Das
Drawing on the public sector balance sheet literature, the economics of sovereign self-insurance, and the Knightian distinction between risk and uncertainty, this paper argues that conventional sovereign asset-liability management is necessary but incomplete.
By Hsiao-Chen Lin
By pointing out that even Beijing engages with Taipei in similar domains, New Delhi exposed the overreach in China’s narrative. The line was sharply drawn; recognition does not equate to subordination.
By Karan Bhasin
A lesser-known reality of the GST is that it has a total of eight tax slabs, excluding the exemptions. These start at 0.25 and go all the way up to 28 per cent.
By Udaibir Das
In dynamic-system terms, the global economy has shifted from a high-integration equilibrium towards a more fragmented state, but the transition path is still in motion. For financial institutions, the challenge is calibrating marginal gain in resilience against the marginal erosion of competitive advantage.
By Piyush Verma
At a time when multilateralism is under significant stress and global climate finance remains skewed and inequitably distributed, IBSA+Indonesia offers a fresh model of geopolitical collaboration on energy and climate – anchored in shared values and driven by practical action.
By Anit Mukherjee
The Indo-Pacific’s future will be shaped by secure, interoperable digital systems that advance public service delivery, expand financial inclusion, and foster cross-border collaboration.
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