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Economy

Laxmi to Bullcoin: The ‘made in India’ bitcoins

Websites promoting desi bitcoins in the garb of ‘Make in India’ initiative; Delhi Police receives 8 complaints in a month; people duped of crores of rupees.
अरुण जेटली एवं अर्थव्यवस्था एक चित्रण

यदि टैक्स कलेक्शन को है बढ़ाना तो शेयर मार्केट में कैपिटल गेन टैक्स वापस है लाना

वित्त मंत्री के दावे सही हो सकते हैं लेकिन इनमें से कोई भी दावा उनके सामने खड़ी चुनौतियों की जटिलताओं को दूर नहीं कर सकेगा.
Jobs - Brick making

A delightful limerick war unfolded on Twitter over Indian jobs and H-1B

Economist Bibek Debroy and columnist Sadanand Dhume's Twitter exchange through limericks on India's jobs crisis and the H-1B visa tweak created a buzz.
File photo of Xi Jinping and Narendra Modi.

Unable to deliver on economy, Modi, Xi & Abe have resorted to empty sledging

While China’s Xi has resorted to an anti-corruption campaign, Japan’s Abe and Modi have switched to nationalism to retain popularity.
Man cleaning his car

For Uber and Ola drivers, it’s going to be a vomit-soaked New Year’s Eve

Driving isn’t their only job on days like New Years’ Eve or Christmas; facing rowdy passengers and cleaning vomit also figure in a day’s work.

So long, 2017: The biggest news in Indian economy this year

From introduction of Goods and Services Tax to privatisation of Air India, the Modi government took some major policy decisions in 2017.
Prime Minister Narendra Modi along with Arun Jaitley and Ravi Shankar Prasad

Exclusive: How India plans to be a trillion-dollar digital economy by 2025

Govt departments are currently discussing a 30-point action plan to achieve this target under Modi’s pet ‘Digital India’ scheme.
Surjit Bhalla, Nandan Nilekani and Shekhar Gupta on stage at OTC

Unlike China, India has made some of the biggest policy blunders: Surjit Bhalla

A huge mistake India made post-Independence was the lack of emphasis on primary and secondary education, says member of PM’s Economic Advisory Council. New Delhi: Surjit Bhalla, economist and member of Prime Minister Narendra Modi’s Economic Advisory Council, has hit out at policy-makers of the past for what he called making a complete shamble of India’s growth potential. “If there’s anything possibly wrong that a policy-maker can do, anywhere in the world, at any time in history, we’ve done it here,” Bhalla said, while comparing India’s growth trajectory to that of China. “Historically, sometimes China was rich and sometimes India. This continued for 480 years. But, China’s meteoric rise in economic growth in a short span of time led to the Indian economy falling far behind in the race,” he said. In that period, China’s economy underwent a shift from a largely agrarian society to an industrial powerhouse, and in the process saw sharp increase in productivity, wages that allowed China to become the...
A. Raja entering Parliament

As 2G scam verdict is announced today, meet those who allegedly executed & exposed it

From telecom minister A. Raja to whistleblower Subramanian Swamy, the list of names associated with the scam features many powerful figures.

Poor private investment a key concern for Indian economy: UN Report

GDP forecast for 2018 and 2019 is 7.2 per cent and 7.4 per cent respectively, according to World Economic Situation and Prospects Report, 2018.

On Camera

YourTurn

Twitter has an India-born CEO Parag Agrawal. In Pakistan, it has caused a burn

We look forward to overseas Pakistanis cooking on wood, explaining gas shortage in Pakistan. These are inflation CEOs. Unmatchable against Google, Twitter CEOs.

Jet Airways in talks with Boeing, Airbus for 100 aircraft in revival bid

The winning bidders for Jet Airways plan to start flights in the first three months of next year. The potential revival will be the first for any airline under India’s bankruptcy laws.

Defence

Ministry of Defence building

Armed forces get breather from negative list, can import items in ‘immediate’ cases

A committee chaired by Gen. Bipin Rawat will oversee indigenisation efforts, and recommend the removal of items from the negative import list if needed.

What farm laws retreat by Modi govt tells us about ruling India like a CM with brute majority

No matter how dominant BJP is, India is a federation of states and it has CMs in only 12. Agriculture is largely a state issue, and most of India doesn’t follow it unquestioningly.
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