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Topic: economic growth

RBI’s think tank wants govt to form independent body to verify official data

Assumptions for economic growth & deficits made in the interim budget are subject to much debate, CAFRAL director Amartya Lahiri says.
gdp

10 fastest-growing global cities in India: Economic boom or poor focus on quality of life?

A study by Oxford Economics reveals that the 10-fastest growing cities in the world in the next two decades will all be from India, with Gujarat's Surat topping the list. However, no Indian city will feature in the top 10 cities with the highest aggregate nominal GDP. ThePrint asks: 10 fastest-growing global cities in India: Economic boom or poor focus on quality of life? India has the largest number of people yet to be urbanised Partha Mukhopadhyay Senior research fellow, CPR Will many of our cities grow at 8 per cent-plus, when previous peak growth has been much slower? May be not, but that does not affect the broad narrative. That India is home to the fastest growing cities is unsurprising – after all, it has the largest number of people to be urbanised. But, Indian urbanisation is as much about morphing – a mass in-situ move from farm to non-farm work – as migration....
Motorcyclists ride past a model aircraft displayed between highways in Surat, Gujarat | Karen Dias/Bloomberg

All the 10 fastest-growing cities in the world from 2018 to 2035 are in India

Surat will see the fastest expansion through 2035.
RBI

RBI holds interest rates amid slowing inflation

RBI decision to hold rates is likely to appease Modi govt, which wants banks to continue lending to boost growth before Lok Sabha polls.
Farmer

New GDP data shows India is headed for a slowdown

The new GDP data makes it clear that potential growth of the Indian economy is now a lot lower than earlier expected.
Currency

These charts show why investor confidence in India is cooling

Economic growth in the July-September quarter may have retreated from the 8 per cent plus expansion in the three months ended June, a slew of high-frequency data show.
Pedestrians cross the street in front of the Oakland-San Francisco Bay Bridge in California | David Paul Morris/Bloomberg

How research is a Nobel way of attaining economic growth

Paul Romer, co-winner of this year’s economics prize, showed that research leads to new discoveries which in turn create possibilities of economic growth. New Delhi: The 2018 economics Nobel prize went to Paul Romer and William Nordhaus, an extremely deserving pair of economists. In addition to honoring two scholars whose contributions have deeply influenced their field, the award points to a crucially important issue that the world is beginning to give short shrift — economic growth. Growth in rich countries’ living standards has slowed during the past decade: Going Nowhere Fast Country annual change in per-capita gross domestic product in constant dollars. That’s bad news. Of course, it’s good for people in the U.S., France or Japan to have higher living standards. But rich-country growth is also crucial for poorer nations. When they’re growing faster, rich countries have more purchasing power with which to buy poor countries’ products. Even more importantly, rich-country growth means that the living standards of people in...
Arun Jaitley

Indian middle-class will drive consumption-led growth for next two decades, says Jaitley

Arun Jaitley says India has historically been resistant to new ideas, but needs to change urgently and take reforms on board.
Representational image

Climate change can cost us even more than we think

Polarised politics within and among countries may not necessarily yield rational outcomes with respect to climate change policies. 

Saving the planet doesn’t mean killing economic growth

Cheap renewable energy means that poor countries will be able to follow a different, cleaner path to industrialisation without sacrificing living standards.

OnCamera

A still from Total Dhamaal | Facebook

Total Dhamaal review: An exercise in mediocrity that would make mediocre look better

The third instalment in the Dhamaal series has all the animals and actors in the zoo but not one funny bone.
indus

Can India hurt Pakistan with new Indus dams or Modi govt hyping old project after Pulwama?

In wake of the Pulwama terror attack, union minister for water resources Nitin Gadkari tweeted Thursday that India will “stop its share of water which used to flow to Pakistan”.

Defence

FATF

FATF condemns Pulwama terror attack but doesn’t officially black list Pakistan

Pakistan has failed to demonstrate a proper understanding on funding of terrorist groups such as Jaish-e-Mohammed and Lashkar-e-Taiba, said the global terror finance watchdog.
National Interest

Suicidal Pakistan should know Modi may not be scared of its nuclear button

Pakistan has taken too much of a chance with Pulwama — with the wrong government in India, and at the wrong time.