Samsung India Workers Form First Union After 7-Month Struggle in Tamil Nadu
After 38 days of protest and 212 days of legal battle, the Tamil Nadu Labour Department registered the Centre of Indian Trade Unions (CITU)-backed Samsung India Workers’ Union (SIWU) on January 27, marking a victory for the labour movement. The union, Samsung India Thozhilalargal Sangam, registered under the Trade Unions
What are India’s GDP Numbers Telling us About its Growth?
Reports from the ground suggest that slackening demand drives the slowdown. In picture, a worker checking the joints used for cement filtration at a manufacturing facility in Kolkata, in 2012. | Photo Credit: RUPAK DE CHOWDHURI/REUTERS While the robustness of the official estimates of the GDP and its growth in
Vizag Steel’s Revival Plan Ignores Core Reform: Mine Access
On January 15, when the rest of Andhra Pradesh celebrated Sankranti, the employees of Vizag Steel stood firmly outside the Visakhapatnam steel plant in protest. They demanded their pending salaries—In fact, since September 2024, their salaries have been inconsistent. But that did not stop employees from working at the steel
India’s Startup Revolution is No Longer Soaring Skyward. Lack of Consumption Demand and Funds are to Blame
Prime Minister Narendra Modi poses for a selfie during the launch of “Startup India”, at Vigyan Bhawan in New Delhi on January 16, 2016. For 2024, the Hurun Research Institute’s Global Unicorn Index showed that India’s startup ecosystem had slowed, with the number of unicorns down for the first time
How Adani Enterprises Engineered Tribal Consent for Mining in Protected Hasdeo Forest in Chhattisgarh
For over 11 years, Hasdeo Arand, central India’s largest unfragmented forest and the last surviving pristine forest, has echoed with the cries of resistance and been stained with the blood of those who have dared to stand up for it. On the morning of October 17, 2024, the villagers of
Stringent Economic Policies and Growing Militancy have Left People in J&K Feeling Frustrated with the Centre
In September 2024, Prime Minister Narendra Modi addressed an election rally in Jammu city, five years after the party he leads at the centre hacked away Jammu and Kashmir’s special constitutional status and ended its statehood. “The Jammu region in particular faced decades of injustice at the hands of the
Hindenburg Research Shuts Down: All You Need to Know
Amid widespread speculation and debate, US-based Hindenburg Research, known for its controversial short-selling practices, has decided to cease operations. The closure has raised questions about the firm’s practices, its impact on markets, and the possible reasons behind this sudden move. Hindenburg Research made international waves with allegations against billionaire Gautam
India’s Growth Slowdown Meets Global Headwinds
For many economists, India now is in what they call a “cyclical growth slowdown”: essentially a slump in demand that causes a temporary bump on the road. And this may be the more optimistic take. | Photo Credit: Getty Images Reams of news space were occupied this week by the
How AAP’s Trickle-up Economics Offers an Alternative Path of Development | Book Excerpt from ‘The Delhi Model’ by Jasmine Shah
Aam Aadmi Party National Convener Arvind Kejriwal, flanked by Delhi Chief Minister Atishi (right) and party leader Manish Sisodia (left) during the book launch of Jasmine Shah’s The Delhi Model, in New Delhi on December 15, 2024. | Photo Credit: Shahbaz Khan/PTI Ahead of the final leg of the 2024
France in Turmoil: Prime Minister Michel Barnier Ousted in No-Confidence Motion Amidst Economic Crisis
When Prime Minister Michel Barnier unveiled his deficit-reduction plan in October, promising to bring down the public deficit from around 6 per cent of gross domestic product (GDP) to 3 per cent in 2029, it was seen as an attempt to steer the French economy into calmer waters. But on