“Washington is a seductive city. There is a tendency to amplify and exaggerate its debates and passions, and decide that these absorb the rest of the planet. Most other countries recognise Washington for what it is: capital of a nation with enormous salience. As such, they attempt to understand and adjust to the policy priorities […]
India faces an increasingly daunting growth challenge in a difficult global environment. Despite the difficulties abroad, including Donald Trump’s looming reciprocal US tariffs on India, it is worth emphasising the role of internationalisation, which brought India its most potent period of growth between 1991 and 2011. In this context, attention should be paid to the
On February 1, 2025, India’s Minister of Finance Nirmala Sitharaman delivered the Union Budget Presentation. This year’s Budget comes as the Narendra Modi government contends with narrower economic growth projections driven by fluctuating global economic conditions, with Minister Sitharaman estimating India’s GDP growth at 6.3-6.8 percent for FY 2025-2026. Accordingly, the Budget showcases the Indian government’s efforts to drive consumption-led
India’s Union Budget 2025-26 Read More »
As trade tensions mount between India and the US, the question of tariffs is at the forefront. Bilateral trade in the 2023-2024 fiscal year has reached 120 billion. With the US accounting for 18% of India’s exports, New Delhi runs a trade surplus against Washington. NDTV’s Gaurie Dwivedi speaks with Former US Trade Representative Mark
TAG Senior Advisor Mark Linscott decodes US-India Trade Ties Amid Tariff Concerns Read More »
“The United States and India would still need to increase their levels of trade, investment, and assistance with other countries in the Indo-Pacific to compete more effectively with China” writes Mark Linscott, Senior Advisor at the Asia Group, “Now is the time for Trump, Modi, and their respective teams to raise their ambitions, sit down
Former Assistant U.S. Trade Representative (USTR) for South and Central Asian Affairs and TAG Senior Advisor Mark Linscott spoke with CNBC TV18’s Parikshit Luthra about President Trump’s plan to impose tariffs on adversaries and allies, and the impact of his tariff policy on India.
As Donald Trump assumes the presidency, there is significant debate about his administration impacting the U.S. foreign policy. There is a focus on great power competition and a return to geopolitical frameworks like balance of power and spheres of influence. This approach may affect various global relationships and regional strategies, including India’s role in countering
The second Trump administration takes office in January 2025. How will President Trump’s pursuit of a streamlined American economy affect global markets, and how should Japanese companies prepare for geopolitical risks?
TAG India Chair Ashok Malik spoke at the Keidanren South Asia Regional Committee event on furthering India-Japan economic cooperation. He discussed the state of and prospects for economic growth in India and provided an outlook for India-Japan economic relations.
As Trump 2.0’s presidency nears, India anticipates increased Indo-Pacific and West Asia cooperation with the US. Quad and Abraham Accords revitalisation are likely, alongside addressing South Asian challenges. India seeks US sensitivity to its regional concerns, mirroring its support for US interests during past crises.
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