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  • Swapnil Karkare

Swapnil Karkare

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Swapnil is a Chartered Accountant and freelance economist who writes and speaks on economics, finance, and public policy.

Stories By Swapnil Karkare

News
  • Let's Dump The Idea Of A BRICS Currency | The Reason Why
    Let's Dump The Idea Of A BRICS Currency | The Reason Why

    India's stance on a BRICS currency comes as members face major differences in exchange rates, economic structures, capital flows and political trust.

    • Aug 12, 2026 18:56 pm IST
    • Swapnil Karkare
  • We Need More Hostels For Working Women | The Reason Why
    We Need More Hostels For Working Women | The Reason Why

    Safe and affordable housing remains a key barrier for working women, with India's Sakhi Niwas scheme facing low funding and limited hostel capacity.

    • Aug 11, 2026 18:48 pm IST
    • Swapnil Karkare
  • India's Next Strategic Opportunity Lies Beneath The Ocean | The Reason Why
    India's Next Strategic Opportunity Lies Beneath The Ocean | The Reason Why

    The next geopolitical contest won't just be about who controls data or who builds AI models. It will also be about who builds, owns and protects the infrastructure that carries it.

    • Aug 10, 2026 10:02 am IST
    • Swapnil Karkare
  • US Record Oil Production, Economists Debate On China Growth & The New Fed Plan | The Week In Whys
    US Record Oil Production, Economists Debate On China Growth & The New Fed Plan | The Week In Whys

    This week's stories are about what happens when someone keeps pursuing a long-term objective despite short-term criticism, setbacks or changing circumstances.

    • Aug 08, 2026 15:43 pm IST
    • Swapnil Karkare
  • Trump Didn't Get The Rate Cuts He Wanted, But Got His Fed Chair | The Reason Why
    Trump Didn't Get The Rate Cuts He Wanted, But Got His Fed Chair | The Reason Why

    Kevin Warsh has not delivered the rate cuts Donald Trump once demanded, but the Fed chair's plans to reshape policymaking, communication and the central bank's role suggest Trump may have secured something more consequential.

    • Aug 07, 2026 13:29 pm IST
    • Swapnil Karkare
  • US Oil Output Is Near A Record Even As Rig Count Tumbles | The Reason Why
    US Oil Output Is Near A Record Even As Rig Count Tumbles | The Reason Why

    US crude production has climbed to nearly 14 million barrels per day despite the number of active oil rigs falling to 451. Longer horizontal wells, shorter drilling times and policy changes have allowed producers to extract more oil with fewer rigs.

    • Aug 06, 2026 12:28 pm IST
    • Swapnil Karkare
  • Economists Are Arguing About China's Surplus. Beijing Has Other Priorities | The Reason Why
    Economists Are Arguing About China's Surplus. Beijing Has Other Priorities | The Reason Why

    China produces more than it consumes and runs a persistent trade surplus. Economists agree on the imbalance, but a stronger yuan versus structural reform has opened a deeper debate over how Beijing should respond.

    • Aug 04, 2026 12:42 pm IST
    • Swapnil Karkare
  • What Holds Us Back? | The Week In Whys
    What Holds Us Back? | The Week In Whys

    This week's newsletter examines India's labour market, women's employment, informal businesses, inequality and the untapped potential shaping economic growth.

    • Aug 01, 2026 19:03 pm IST
    • Swapnil Karkare
  • We Need Both, Philosophers & Entrepreneurs | The Reason Why
    We Need Both, Philosophers & Entrepreneurs | The Reason Why

    As AI takes over more of the coding, humans need to develop reasoning and judgment, and ask better questions.

    • Aug 01, 2026 09:00 am IST
    • Swapnil Karkare
  • Let's Keep One-Handed Economists Away | The Reason Why
    Let's Keep One-Handed Economists Away | The Reason Why

    When experts, influencers or economists simplify, take a side, and avoid nuance, the collective output is bad for everyone, and the quality of economic discourse collapses.

    • Jul 30, 2026 17:33 pm IST
    • Swapnil Karkare
  • You Pass More Than Trauma To Next Generation | The Reason Why
    You Pass More Than Trauma To Next Generation | The Reason Why

    An unstable household teaches the body a different lesson. Constant conflict, social isolation, poverty or unsafe neighbourhoods keep stress hormones high.

    • Jul 28, 2026 19:28 pm IST
    • Swapnil Karkare
  • Informal Sector's Productivity Differs By Cities | The Reason Why
    Informal Sector's Productivity Differs By Cities | The Reason Why

    ASUSE data shows India's informal sector productivity varies widely across 46 cities, with industrial clusters, GVA per worker and women-led businesses shaping outcomes.

    • Jul 27, 2026 19:54 pm IST
    • Swapnil Karkare
  • Uneven Realities Of Women's Jobs In Indian Cities | The Reason Why
    Uneven Realities Of Women's Jobs In Indian Cities | The Reason Why

    Small but crucial things such as women's safety, predictable hours, basic protections, and clear contracts in informal work could decide whether women stay in the labour force or drop out.

    • Jul 26, 2026 19:28 pm IST
    • Swapnil Karkare
  • Men And Women Follow Different Labour Market Paths | The Reason Why
    Men And Women Follow Different Labour Market Paths | The Reason Why

    Across India's million-plus cities, three out of every ten potential workers fall into the NEET category. But the gender divide is enormous: 6% for men versus 56% for women.

    • Jul 21, 2026 17:06 pm IST
    • Swapnil Karkare
  • When Power Builds And Fails | The Week In Whys
    When Power Builds And Fails | The Week In Whys

    Economic partnerships become powerful only when each country helps solve the other's problems. And the India-Japan partnership has many such complementarities.

    • Jul 18, 2026 22:22 pm IST
    • Swapnil Karkare
  • India's Education Is Failing On Learning, Accountability | The Reason Why
    India's Education Is Failing On Learning, Accountability | The Reason Why

    When paper leaks, scandals, fake universities, and even fake teachers on payrolls keep surfacing without serious action, parents and students stop trusting the system.

    • Jul 18, 2026 10:58 am IST
    • Swapnil Karkare
  • This Small South-American Country Has Cracked The Code On Clean Energy | The Reason Why
    This Small South-American Country Has Cracked The Code On Clean Energy | The Reason Why

    Uruguay is one of the absolute leaders in renewable energy. The country skips the sloganeering, while getting the job done, and fast. Other nations can learn a lot from this journey.

    • Jul 16, 2026 15:44 pm IST
    • Swapnil Karkare
  • Odisha's Industries Are Quietly Sparking | The Reason Why
    Odisha's Industries Are Quietly Sparking | The Reason Why

    Reforms are messy, but Odisha shows what happens when you keep at it. The state fixed its power sector piece by piece, even after the first attempt collapsed.

    • Jul 15, 2026 20:12 pm IST
    • Swapnil Karkare
  • 'Titan Story' Deserves More Attention | The Reason Why
    'Titan Story' Deserves More Attention | The Reason Why

    Business is not only about greed, glamour, or gravitas. It is also about judgment, uncertainty, persuasion, discipline, failure, and responsibility.

    • Jul 14, 2026 20:22 pm IST
    • Swapnil Karkare
  • India And Japan: A Partnership That's Ready To Grow | The Reason Why
    India And Japan: A Partnership That's Ready To Grow | The Reason Why

    Japan is now India's 10th-largest trading partner, and India is Japan's 14th. With the recent Modi-Takaichi meeting, the relationship appears to deepen even further.

    • Jul 13, 2026 14:23 pm IST
    • Swapnil Karkare
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