May 2019

As highlighted in our earlier note on May 20, most of the exit polls pointed in the direction of the final results being pro-incumbent and single-party majority for BJP. Modi Wave has become a Modi Tsunami leading to a stable government at the Centre.

The trade talks between U.S. and China appear as volatile and fickle as it can get. After apparent clarity on trade truces gaining momentum, TariffMan springs back into action with a fresh Twitter vow to increase rates on nearly $200bn worth of Chinese goods to 25% from 10%. China’s Policy Uncertainty index has once again