In late June this year, Reliance Industries announced a US $10 billion investment for the production and use of hydrogen (H2). H2 is a colourless gas physically. But in the race to Net Zero Carbon, it comes in multiple colours, each representing a specific process. The many colors of H2 Grey is the cheapest at US […]Read More If data is the new oil is hydrogen the new gas?
Tamil is an ancient language which jostles Sanskrit on antiquity but remains in vibrant, modern use. It is also a cultural identity. Post-Independence, in 1947, the erstwhile Madras Presidency became the Madras State within the Union of India. In 1956, its borders were redrawn to shed the non-Tamil speaking peripheral areas of Andhra Pradesh, Karnataka, […]Read More Tamil Nadu needs an economic reboot
Despite receipts being 18% lower than even last year till November, largely because of the yawning gap against the aggressive budget estimate for disinvestment receipts (Rs 2,1 trillion), the Union government did well to spend almost 5% more than last year by enhancing borrowing. This is in the best traditions of trying to keep the […]Read More Budget for hope, build resilient foundations
One of the realizations, home-spun by Covid in India, is that there is value to “atmanirbharta” (ANB) or self-reliance – the capacity to march alone, if necessary. An admirable attribute except that “aloneness” creeps up silently on you like a habit, difficult to shake off. Looked at more cheerily, it is not so different from […]Read More Marching alone
South Asians integrate the least with each other as a region. Joyeeta Bhattacharjee of ORF, who studies the region, puts it down to fear of Indian domination (India accounts for 80% of the combined GDP and 74% of the combined population), historical mistrust (a colonial legacy) and targeted terrorism (a recent innovation of war by […]Read More Fracturing South Asia into action
Skepticism in India about gas, as a reliable energy source, derives from our compulsion to import incremental consumption. Chronic trade deficits, the philosophy of self-sufficiency, which prevailed till economic liberalization in 1991-92 and vast reserves of domestic coal militate against enhancing gas dependence. Limiting import dependence is not just an Indian quirk We are not […]Read More India’s clean energy sweepstakes
The Modi government has its near-term challenges well defined – containing China, Covid and Congress in the order they are presented. The Congress bogey Of these, the last seems the most doable. The Congress lingers primarily because Indians are habituated to hedge their bets and have a back-up plan. Never put all your eggs in […]Read More Containing the 3Cs- China, Covid and Congress
Alt-Right strategic opinion is convinced that the assertion of incremental claims over the upper reaches of the Galwan river valley in Ladakh reflects the habitual greediness of China which “nibbles away” at borders in a near continuous expansion of territory. In doing so it also constantly tests the limits to which it can push the […]Read More Neighborly discord in the Galwan valley
A visit by the United States President (POTUS), months before the American elections, can be many things — a farewell trip, collecting paybacks for past favours or simply a low-risk, synchronised “feel good” ride amidst millions of adoring Indians — reliving thereby the past grandeur of America as a global beacon for developing world fantasies […]Read More “Treating POTUS better” is good for India too
It can’t be very gratifying being the Finance Minister when the International Monetary Fund is calling out India for being a growth laggard pulling down world growth in 2019 to 2.9 per cent (from 3.3 per cent forecast earlier) and in 2020 to 3.4 per cent (from 3.6 per cent forecast earlier). International Financial Institutions […]Read More Is India the global fall-guy?