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Topic: economic growth

Graphic by Arindam Mukherjee | ThePrint

Success, not failure, could be the reason why investment demand is still sluggish

Better highways mean trucks can carry bigger loads, so demand for trucks is falling. Such improved productivity must be taken into GDP consideration, but is it?
File photo of finance minister Arun Jaitley | Vijay Verma/PTI

Only compulsive contrarians won’t believe these numbers of economic growth, says Arun Jaitley

The finance minister has given a report card of the economic growth under Modi govt as compared to its predecessors.
Pedestrians and traffic move past buildings in Mumbai

India has just joined the list of major emerging markets that have struggled

Not only is growth slowing in India, but like other emerging and fully emerged markets, inflation is basically nowhere.

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...

On Camera

CJI Gogoi

Is Supreme Court handling sexual harassment allegation against CJI Ranjan Gogoi correctly?

Two advocates Monday wrote to the Bar Council of India criticising it for its support to CJI Ranjan Gogoi and called the hearing a ‘travesty of justice’.

Defence

Indian Coast Guard

Indian Coast Guard increases maritime surveillance following Sri Lanka blasts

More ships and aircraft have been deployed to ensure India faces no security threat after a series of blasts killed 290 in Colombo, a Coast Guard official said.
Graphic by Soham Sen | ThePrint

Modi & Shah have turned India into ‘Jingostan’ & are out to conquer the paranoid country

The Modi-Shah BJP has resurrected dangers & the enemy from the past, and built a scary jingoism. It’s a great diversionary tactic, but it never ends well.