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
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
Stringent Economic Policies and Growing Militancy have Left People in J&K Feeling Frustrated with the Centre
In September 2024, Prime Minister Narendra Modi addressed an election rally in Jammu city, five years after the party he leads at the centre hacked away Jammu and Kashmir’s special constitutional status and ended its statehood. “The Jammu region in particular faced decades of injustice at the hands of the
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
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 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
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