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,
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
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
Adani Group Faces Global Scrutiny While SEBI Stands Silent: What’s at Stake?
In a proverbial “when it rains, it pours” moment, the Adani Group is having a rather disastrous close to the year. French oil major TotalEnergies won’t make any more investments in the Adani Group, saying it was not informed of the US bribery charges against Gautam Adani. Kenya has canceled
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
Book Review: Neha Dixit’s ‘The Many Lives of Syeda X’ is Uniquely Authentic and Eye-Opening in Portraying Working-Class Women
At a construction site in New Delhi on April 30, 2009. Syeda’s story busts several myths about women in general and Muslim women in particular. It opens our eyes to industrial growth and development, smart cities, labour laws, government policies, and welfare programmes. | Photo Credit: SUSHIL KUMAR VERMA India
India’s Economic Inequality Crisis: How Elite Development Models Failed the Nation
On June 4, 2005, the venerated business house of the Tatas signed an agreement to set up a steel plant in Bastar, Chhattisgarh. Virtually on the same day, a private militia known as Salwa Judum (“Peace March” or “Purification Hunt” in south Chhattisgarh’s Gondi language) emerged in Bastar to protect