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
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
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
The Adani-Modi Nexus Faces Its Greatest Test
To contend that the indictment of Gautam Adani, his nephew, and their associates, in the United States has dealt a blow to the ambitions of one of India’s, and the world’s, richest men, would be an understatement. The prominent tycoon, whose proximity to Prime Minister Narendra Modi is the stuff
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
India’s Elderly Care Crisis: Healthcare Costs, Digital Divide, and Policy Gaps Affect 153M Senior Citizens
“I still use checkbooks at the bank and don’t own credit cards, debit cards, or any net banking app,” says R. Sampathkumar, an octogenarian from Chennai. A retired deputy manager from Indian Oil Corporation, he is recovering from knee surgery performed seven months ago. He lives with his wife in
Deep-Sea Fishermen of Kerala and Tamil Nadu: Life, Risk and Survival in the Arabian Sea
The fishermen who go for deep-sea fishing are the most valiant among the marine fishing communities inhabiting the coasts of Kanyakumari and Thiruvananthapuram. Their predecessors used to set sail in all seasons on the Arabian Sea even before the arrival of GPS and wireless communication. | Photo Credit: Joseph Rahul
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
Punjab Paddy Crisis 2024: Worst Procurement Delays in 25 Years Hit Farmers
Gal lag ke seeri de jat rove, Bohlan bichon neer vagya, Le aa tangli, naseeban nu faroliye, Tudi vichon putt Jagya. (A farmer embraces a peasant, and cries, As sorrow flows through the grains. ‘Bring a rake, let’s sift through our fortune, In this heap of chaff, O son Jagya.’)
What did the striking Samsung workers want?
Samsung workers’ strike entered its 25th day on October 3, in Kancheepuram. | Photo Credit: B. VELANKANNI RAJ The principal demand of the striking workers of Samsung Electronics India Pvt. Ltd in Sriperumbudur, Tamil Nadu, was that their newly formed Samsung India Workers Union (SIWU) should be registered under the