Vinod Dua discusses if the bullet train project really is ‘free’ as Prime Minister Narendra Modi claims and also delves into the current state of the Indian economy.
More than a fifth of large companies did not earn enough to pay interest on their loans and the pace of new loans fell to the lowest in more than six decades.
Ministers were shuttled in and out, supposedly on the basis of performance. But who will take responsibility for the structural slowing down of India’s economy, poor employment generation and agriculture distress?
Inflation was 1.46% in June – the slowest pace since India started releasing retail inflation data in January 2012 based on combined data for rural and urban consumers.
If deregulation of hiring and firing is desirable, then greater regulation of working conditions is also necessary.
In India’s Big Government: The Intrusive State and How It’s Hurting Us, Vivek Kaul paints a grim picture of the economy and focuses on areas from banks to education in which the government plays a decisive, and all too often negative, role.
SEBI should put its own house in order before embarking on measures aimed towards greater financial-isation of the commodities derivatives market.
Despite the strong mandate, Modi still faces a struggle to implement reforms to boost growth and jobs.
The 60-page report looks at the impact of the note ban on growth, inflation and a wide range of organised sectors.
The government must announce fiscal measures to stimulate demand if it wishes to repair some of the damage it has willfully wreaked upon the economy via demonetisation.
Siddharth Varadarajan and M.K. Venu, founding editors of The Wire, discuss the politics and economics of demonetisation in a Facebook live chat.
Low interest rates are demanded in the name of helping small and medium-sized enterprises, but in reality, it is the over-leveraged corporates that will most likely benefit from it.
Subbarao talks about the challenges he faced as governor of the RBI, his book “Who moved my interest rate”, and more.
With the world’s economies growing ever more interconnected and the current recession-like conditions in many key economies, India needs to build a robust firewall in the event of a global crisis.
Will the government be able to boost public spending while maintaining strict fiscal consolidation? Will there be a hike in service and excise tax rates? Join us as we give you live updates and analysis
The hard numbers don’t warrant optimism, but there is an inbuilt bias to continue looking for “green shoots” rather than face the facts