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