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
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
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”
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
SUM AND SUBSTANCE | India’s Middle Class is the Biggest Loser of 2024
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
Frontline At 40 | ‘Making lives better’: Interview with Amartya Sen
Nobel Laureate and noted Economist Amartya Sen visits Chennai on December 26, 2005. | Photo Credit: SHAJU JOHN Amartya Sen received the Nobel Prize in Economic Sciences for his contributions to welfare economics. He is a renowned scholar of social choice theory, economic and social justice, economic theories of famines,
Explained: The Fall of the Rupee, the RBI’s Response, and Current State of India’s Economy
Things have taken a rocky turn for the Indian rupee this year and the Central Bank is worried about how the domestic currency is unspooling. Representational image. | Photo Credit: REUTERS In what feels like chucking pails of water at a forest fire, the RBI has been selling dollars in