Economic Development
9 min read
478

Vizag Steel’s Revival Plan Ignores Core Reform: Mine Access

January 25, 2025
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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

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Economic Development
7 min read
480

India’s Startup Revolution is No Longer Soaring Skyward. Lack of Consumption Demand and Funds are to Blame

January 25, 2025
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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

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Economic Development
13 min read
498

Hindenburg Research Shut Down: Inside Story of the Short-Seller that Exposed Adani Group

January 24, 2025
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Why did the US short-seller Hindenburg Research shut shop? Was it on account of real or perceived pressures and apprehensions of doom and despair? Or was it simply because the firm’s founder Nathan (Nate) Anderson and his 11 colleagues just wanted to move on, having achieved what they wanted less

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Economic Development
14 min read
493

Stringent Economic Policies and Growing Militancy have Left People in J&K Feeling Frustrated with the Centre

January 17, 2025
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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

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Economic Development
6 min read
529

Manmohan Singh Combined Market Liberalism and Nehruvian Welfarism to Craft Modern India’s Economic Vision

January 12, 2025
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Former Prime Minister Manmohan Singh when he received a special memento from K. Venugopal, Founder Editor of Businessline, in New Delhi on March 15, 2019. | Photo Credit: Kamal Narang In the tributes paid to Manmohan Singh, he has been described as the architect of economic liberalisation since he was

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Economic Development
6 min read
534

India’s Growth Slowdown Meets Global Headwinds

January 10, 2025
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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

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Economic Development
13 min read
177

INTERVIEW | ‘Gujarat Model Undesirable, Should Be Replaced by Delhi Model’: Jasmine Shah, AAP leader

January 2, 2025
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On December 15, 2024, Aam Aadmi Party (AAP) leader Jasmine Shah’s book, The Delhi Model: A Bold New Road Map To Building a Developed India, was released ahead of the Delhi Legislative Assembly election scheduled for early 2025. It is an insider’s account of the making of the “Delhi model”

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Economic Development
7 min read
188

How AAP’s Trickle-up Economics Offers an Alternative Path of Development | Book Excerpt from ‘The Delhi Model’ by Jasmine Shah

January 1, 2025
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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

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Economic Development
7 min read
205

SUM AND SUBSTANCE | India’s Middle Class is the Biggest Loser of 2024

December 27, 2024
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In a year of “yes, no, maybe” both the Reserve Bank and the Finance Ministry now agree that the country has a growth problem. If they had been listening to what consumer goods companies have been saying for a while, they may have reached that conclusion sooner. India’s festive season

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Economic Development
6 min read
292

France in Turmoil: Prime Minister Michel Barnier Ousted in No-Confidence Motion Amidst Economic Crisis

December 5, 2024
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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

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