Ajit Ranade
- Indexed articles, last 90 days
- 6
- Latest publication
- Sep 23, 2026
- Outlet visibility, for Freepressjournal
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- Jul 8, 2026
Latest articles
Did BRICS Help Thaw India-China Ties? Now Comes The Real Test (opens the original)
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The just-concluded BRICS summit in Delhi may not be remembered for a particularly muscular declaration. But that may miss its more important consequence for India. Did BRICS help accelerate the thaw in India-China relations? India’s diplomatic achievement was not that it convened the summit, since it was anyway the BRICS chair. It was that it managed to hammer out a common declaration among countries whose interests frequently collide. Iran and the UAE could sit around the same table despite the
A U-Turn Is Not Always A Sign Of Weakness, Sometimes It Can Be Good Economics Too (opens the original)
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The Reserve Bank of India recently gave a small but revealing lesson in economic policymaking. On August 5, Governor Sanjay Malhotra was asked whether the special FCNR(B) scheme, designed to attract foreign currency deposits from non-resident Indians, might be closed before its scheduled September 30 deadline. He said there was no proposal to do so. Nine days later, the RBI abruptly advanced the closing date to August 31. There may have been perfectly good economic reasons. The scheme had worked
Free Coaching Will Not Fix The Main Problem In Indian Education (opens the original)
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In his Independence Day address from the Red Fort, Prime Minister Narendra Modi made an important announcement. He acknowledged that coaching classes have become a major financial burden on families, with parents fearing that a child who does not attend coaching will fall behind. The government, he said, would, therefore, use India’s digital public infrastructure, good teachers, and technology to build an extensive network offering free online coaching for examinations. The intention is laudable
India Has A Future With Plenty Of Work, But Fewer Jobs (opens the original)
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The student protests that dominated the headlines were triggered by an examination paper leak. But it would be a mistake to view them only as a protest against the mismanagement of examinations. The leak touched a much deeper anxiety. For millions of young Indians, success in a competitive examination is one of the few remaining routes to a secure and reasonably paid livelihood. When the integrity of that process is compromised, it means another year in an already prolonged wait for employment.
Indian Banks Are Healthy, But The Households Are Fragile (opens the original)
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The Reserve Bank of India’s latest Financial Stability Report is reassuring about the health of banks and non-banking finance companies. It is less reassuring about the financial health of their retail customers. India’s household debt reached 45.5% of the GDP by September 2025, close to its earlier peak, and, subsequently, a new high at 47.8% by December 2025. This may not be exceptionally high by international standards. But beneath the headlines are stressed signs that are revealed by the pur
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