Once caricatured as elite networking or grandstanding diplomacy, the annual meeting of the World Economic Forum now serves a different function. It is no longer where deals are struck in public view; it is where global alignment is tested. Capital, governments, and technology leaders use Davos to reveal priorities, anxieties, and limits—often through repetition rather…
The Reserve Bank of India’s latest directive asking states to outline a “clear glide path” for reducing public debt has triggered a fresh round of debate in policy circles. On the surface, the numbers appear reassuring. Aggregate state debt-to-GDP has declined from a pandemic-era peak of nearly 31% in FY21 to a projected 29.2% in…
For over a decade, India’s economy has transformed at a pace rarely seen in modern history. Payments moved from cash to QR codes, consumption shifted from physical goods to digital services, and infrastructure expanded from highways to data centres. Yet, for much of this period, India’s official economic mirror—the National Accounts—remained anchored to a much…
When history looks back at the 2026 annual meeting of the World Economic Forum in Davos, one speech is likely to be remembered not for rhetorical flourish or political grandstanding, but for its clarity, sobriety, and intellectual honesty. That speech came from Mark Carney. In a forum often criticised for platitudes and safe consensus, Carney…
Editor’s Note: This article reflects global trade developments and policy signals as of January 22, 2026. A Quiet Shift in the Global Trade Order The global trade system is changing—slowly, but decisively. For decades, the U.S.–EU partnership has been one of the most stable anchors of the world economy. Today, that certainty is giving way…
For years, Davos spoke about artificial intelligence as opportunity. In 2026, the tone changed. AI is no longer discussed as a productivity tool or startup revolution. It is now framed as critical national infrastructure — on par with energy, defence, and financial systems. The message from Davos was unmistakable: AI leadership equals geopolitical power. From…
The World Economic Forum at Davos has long been accused of living in a bubble — detached from ground realities, obsessed with abstract global cooperation. In 2026, that illusion finally cracked. This year’s Davos didn’t celebrate globalization. It questioned its survival. From blunt declarations that “globalization has failed” to warnings that the old rules-based order…
Media coverage of Davos 2026 focused on Western anxiety and geopolitical rifts. But beneath the noise, a quieter shift took place. Emerging economies didn’t debate the future — they negotiated it. And in many ways, they walked away as the real winners. From Listening to Positioning Unlike earlier Davos editions where emerging markets sought validation,…
India’s banking system is undergoing a quiet but irreversible transformation. There are no dramatic announcements, no sweeping slogans—but the implications are profound. With new rules tightening account activity norms, credit reporting timelines, and data-sharing requirements, Indian banking has entered what can only be described as Banking 2.0. At the heart of this shift lies a…
As India heads into the Union Budget, a subtle but decisive shift is underway in the country’s economic narrative. Unlike previous years—where tax cuts, consumption boosts, and short-term relief dominated pre-Budget lobbying—industry bodies are now pushing for something far more structural. The message from business is clear:India does not need another demand stimulus. It needs…
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