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Biswajit Dhar

Biswajit Dhar
The latest news and top stories on Biswajit Dhar, an Indian economist and academic. He is a distinguished professor at the Council for Social Development and a professor at Jawaharlal Nehru University’s Centre for Economic Studies and Planning.
Indian Commerce Minister Piyush Goyal presents a silver cow and calf statue to New Zealand Trade Minister Todd McClay after they signed a free-trade agreement in New Delhi on Monday. Photo: AP
India

India, New Zealand boost trade diversification with ‘forward-looking’ pact

The deal, part of a move to reduce reliance on major powers, will also strengthen India’s hand in trade negotiations with the US, analysts say.

US, Israel war on Iran

Fuel, food and fury: how the Iran war could topple South Asian governments

Pakistan

Pakistan imperils its IMF rescue as Afghanistan border violence rages

India

India in limbo over Russian oil imports as talks with US on trade deal continues

Washington has previously tied lower tariffs on Indian exports to the US to New Delhi’s commitment to curb its purchases of Russian oil.

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Tanks belonging to Transneft, a Russian state-owned company that operates the country’s oil pipelines, at an oil terminal in Ust-Luga. Photo: dpa
India

India and Brazil set sights on US$30 billion trade milestone by 2030

The two founding Brics members are deepening links on rare earths, innovation and AI to diversify growth beyond the West.

Trade

Tariff whiplash throws Asia’s recent US trade deals into doubt

India has already paused trade talks with Washington as other Asian nations are left to question the validity of their recent agreements.

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India

India’s trade blitz seeks to keep afloat a sinking global order

‘Jolted out of its slumber’ by US tariffs, New Delhi is aggressively diversifying trade alliances to act as a bridge in a polarised world.

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Indian Prime Minister Narendra Modi (centre) with European Commission President Ursula von der Leyen (right) and European Council President Antonio Costa at Hyderabad House in New Delhi on January 27. Photo: European Council/dpa
India

India eyes ‘global manufacturing powerhouse’ status with budget boost

The measures aim to boost production in key sectors such as biopharma and semiconductors, and increase support for smaller businesses.

India

India, EU ‘make history’ as they seal trade pact amid US tariff pressure

Both sides are ‘set to benefit’ from the deal that analysts say will underscore broader shifts under way in the global order.

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India

‘Trump’s wrath’: India’s aim to diversify trade via Iran faces tariff threat

The 25 per cent tariff against countries that trade with Iran may curtail India’s plan to develop the Chabahar port in Iran.

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Officials attend a ceremony in 2019 to mark the first export convoy to India via Iran at Chabahar port. Photo: Getty Images
India

India overtakes Japan in economic size – while prosperity trails far behind

Becoming the No 4 economy is a source of pride. Now, the race is on to turn statistical success into 8 million new jobs a year.

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Shoppers walk along a street illuminated with decorative lights ahead of New Year celebrations in Bengaluru, India, last month. Photo: AFP
India

‘It’s paying off’: India spreads its trade bets to beat Trump’s 50% tariff

With exports hitting a record US$825 billion and a spate of new trade pacts, India is finding success diversifying away from the US.

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India

Indian rice could become costlier for US amid Trump’s tariff threat

Experts warn of wider repercussions, including efforts by importers to divert shipments and renewed strain in US-India trade talks.

India

India’s gem exports defy US tariffs as Asia, Middle East demand grows

Shipments rose 19.64 per cent year on year to US$2.51 billion in November, reflecting a successful diversification push, analysts say.

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A salesman checks the quality of a diamond necklace through a magnifier at a jewellery store in Chennai. India is the world’s largest exporter of diamonds due to its dominance in gem cutting and polishing. Photo: AFP
India

India’s strong economic growth impresses amid doubts on ‘overstated’ data

Questions about India’s latest 8.2 per cent GDP quarterly growth have been raised by ANZ Bank and analysts.

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Workers scan packages ahead of dispatch from the Flipkart fulfillment centre in Haryana. Domestic consumer demand is a key pillar of India’s economy. Photo: AFP
India

Trump’s 100% tariff threat puts India’s drug industry on edge

While the tariff announcement on patented drugs sent Indian pharma stocks tumbling, a tentative digital trade deal could show a path forward.

India

Trump’s 100% tariff threat alarms India’s film industry over diaspora market

The threat is set to deepen the woes of an industry already facing falling cinema attendances and competition from streaming platforms.

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India

US tariff damps holiday mood of India’s jewellers as exports set to fall by 70%

Over 100,000 jobs in India may be at risk because of the tariff’s impact on the sector, according to industry executives.

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A model looks at a yellow 42.02 carat diamond at an auction show in Mumbai. Gem and jewellery exporters in India say they are seeing a sharp slowdown in new US orders due to a 50 per cent tariff on Indian exports. Photo: AFP
India

Why India is easing rupee trade rules amid US tariff tensions

Move reflects India’s desire to insulate itself from foreign currency fluctuations and could reduce country’s reliance on US dollar, analysts say.

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India

Will a Russia-Ukraine peace deal save India from US tariffs?

India has stepped up purchases of discounted Russian crude since the onset of the Ukraine war, straining relations with Washington.

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India

‘Stay in your lane’: US tariffs stir debate on India’s economic destiny

With US tariffs now at 50 per cent, calls are growing for India to become a ‘most unapologetic superpower’ and diversify its trade portfolio.

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US President Donald Trump speaks with India’s Prime Minister Narendra Modi in the White House on February 13. Photo: AP
China-India relations

All-out thaw: can India and China unfreeze icy ties at last?

Trump, trade wars and geopolitics are nudging Delhi and Beijing closer together – despite a record trade deficit and lingering border row.

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Illustration: Huy Truong
India

Trump’s Brics wrath: will India be caught out by tariff threat?

Trump’s remarks seem more like a warning to Brics and unlikely to affect India’s efforts to finalise a trade pact with the US, analysts say.

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