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
Hindenburg Research Shut Down: Inside Story of the Short-Seller that Exposed Adani Group
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
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
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
INTERVIEW | ‘Gujarat Model Undesirable, Should Be Replaced by Delhi Model’: Jasmine Shah, AAP leader
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”
Frontline Wrapped: Top Ten Defining Economics Narratives of 2024
As the year comes to a close, Frontline has curated a list of our ten best economics stories of the year. | Photo Credit: By Special Arrangement India saw a flurry of economic activity in 2024, with major events unfolding throughout the year. From the Election Commission of India’s publication
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
Azure Power Accused of Land Grab for Solar Power Project in Assam | EXPLAINED
In 2019, the descendants of an erstwhile zamindar family entered into an “agreement of sale” for 91 acres of land to Azure Power Forty Pvt Ltd in Mikir Bamuni Grant village in Assam’s Nagaon district to build a solar power plant. The land deal directly affected the livelihoods of at
Bihar Alcohol Ban 2016-2024: Impact, Failures, and Political Future
When Chief Minister Nitish Kumar banned the sale of alcohol in Bihar in 2016, it sparked mixed reactions. Recently, the Patna High Court castigated State government officials, suggesting that they were making money from the rampant illicit liquor trade enabled by them. The High Court made strong remarks while overturning