Abhishek Anand

India's power sector faces a growing gap between rising electricity demand and investment in conventional generation and grid infrastructure, risking supply shortages during peak hours

Rising demand and power shortages underscore the need for stronger grids, better planning and reliable electricity supply

GST's tax relabelling has blurred revenue trends, altered Centre-state fund sharing and raised fresh questions about transparency and fiscal federalism

The concluding part of a series explores why India's medium-term real growth prospects are less robust than what the headline GDP numbers indicate

The first of a two-part series explores the underlying causes of India's balance of payments issue, and offers some solutions

Unless tariff policy is revamped, India's discoms will be more obstacles than catalysts in the transition to a renewables-driven electrostate

India's rollback of quality control orders eases supply disruptions and export costs, but highlights deeper policy incoherence and recurring inward-looking trade interventions

This article visually summarises, in two tables, how not-simple the GST is, which leads to serious but under-recognised problems of arbitrary and coercive implementation

To ease utility opposition and win approval, renewables are framed as captive generation-meant to meet the developer's own energy needs

What's troubling is that this slowdown is unfolding despite a broadly stable global economy-no financial crisis, no commodity shock

The country should convert the Trump threat to an India opportunity, re-embracing a more liberal trade regime as a way of reviving manufacturing output and exports

India's exporters are already under dire threat from the US. That only makes it more important that they should not be attacked from the domestic side. QCOs must be eliminated immediately

The RBI must come out with an official explanation, but until it does, we can only guess. But there are a few reasonable hypotheses

India now holds about $650 billion in reserves, enough to finance nearly a year of imports. The problem is that global financial markets have even more firepower

In our earlier piece in these pages, we highlighted the unwelcome consequences of the exchange rate policy adopted under the outgoing Reserve Bank of India (RBI) regime

One of the most intriguing and relatively undocumented developments of the last 20 yrs has been "multi-plants," whereby a single firm operates not one but multiple production facilities within a state

In multi-plant units, flexibility in hiring & firing labour comes from fact of having many plants. In single plants, there is no such flexibility, which renders use of contract labour more important

All the heady optimism has overlooked the vulnerable state of the macro-economy. Caution, not complacency, is the more appropriate sentiment for now