NEW DELHI — It has taken far too long, but it seems that the International Monetary Fund (IMF) has finally internalised some hard truths about sovereign-debt reduction. Chief among them is that growing economies have an easier time repaying.

NEW DELHI — Carbon pricing is all the rage these days, at least in the developed world. But while global leaders and experts, most of them from rich countries, increasingly embrace the idea of putting the “right price” on carbon, the concept remains vague and ill-defined.

NEW DELHI — Over the past two decades, Indian multibillionaire Gautam Adani’s close ties to Prime Minister Narendra Modi have helped the Gujarati businessman become Asia’s wealthiest person.

NEW DELHI — The World Economic Forum’s annual meeting in Davos, Switzerland, has always been more than a little problematic. But in recent years, the annual gathering of the rich and powerful has become an increasingly wasteful exercise in vanity.

 NEW DELHI — After four decades of fostering integration through trade and finance, the global economy has begun a painful process of fragmentation.

 NEW DELHI  —  The Spanish-American philosopher George Santayana famously warned that “those who cannot remember the past are condemned to repeat it”. But sometimes even those who can recall the past have a selective memory and draw the wrong conclusions.

NEW DELHI  —  Nearly 80 per cent of the estimated 70 million people around the world who fell into extreme poverty at the onset of COVID-19 in 2020 were from India, a recent World Bank report has revealed.

MEXICO CITY  —  Despite the well-known problems with using gross domestic product as an indicator of human development, policymakers around the world still seem to be obsessed with it.

NEW DELHI  —  Primary commodity prices have been on a roller-coaster ride for the past year, and especially for the past six months.