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If India keeps diluting its liberal character, the West will be a less eager partner

Many Western powers aided India’s ascent, presuming that it would not misuse its power against its own citizens. Yet a recent wave of illiberal policies has eroded this confidence.
The Reserve Bank of India | Photo: Suraj Singh Bisht | ThePrint

RBI expected to make inflation and growth forecast on 1 October — first time this fiscal

RBI is mandated by law to make its projection every six months. The last projection on growth and inflation was made in February.
RBI Governor Shaktikanta Das | Photo: Dhiraj Singh | Bloomberg

RBI will give growth numbers once there’s clarity on Covid curve, says Shaktikanta Das

Addressing a conclave virtually, RBI Governor Das said times were uncertain and the central bank does not have the luxury of predicting a growth number and then changing it often. 
Representational image for migrant workers | Photo: Suraj Singh Bisht | ThePrint

Rural districts new hotspots, account for over 50% new Covid cases in July, Aug — SBI report

SBI research report says number of rural districts with less than 10 cases has fallen to 14 in Aug, from 55 in June. Full-year contraction forecast in double digits.
Shaktikanta Das

Inflation in India well above benign level, but RBI is not uncomfortable yet: Manpreet Badal

Should India go back to Keynes and start spending? Sadly, Modi govt does not have sufficient fiscal space to propel a strong enough multiplier.
Transparent barriers enforcing social distancing measures are seen on tables at a restaurant in Hong Kong | Bloomberg

Fresh virus wave worsens Hong Kong’s already disastrous outlook

Economists forecast an 8.7 per cent contraction in the second-quarter from year-ago levels, almost equaling the record 8.9 per cent decline posted in the first quarter.

As armies ‘retreat’ at LAC, India must turn to options it hasn’t used against China so far

To goad Modi govt to reveal each move against China and put it in public domain is not in keeping with India's security and strategic parameters.
A health worker checks the temperature of a woman, during distribution of food among the needy, amid the nationwide lockdown to curb the spread of coronavirus, at Sec-33 in Noida. | PTI

India could afford to overlook economic inequality until now. Covid has changed that

For two decades, I had maintained that unlike the developed West, India should not be overly concerned about inequalities because our economy was in the growth phase.
Rupee (Representational image) | Dhiraj Singh | Bloomberg File photo

How banks can help India get its growth back on track

Cleaning up bank balance sheets might stem current slump, but until lenders see major set of new opportunities, Indian economy won’t return to rapid growth.
Despite global economic tensions, India set to witness continuous economic growth | Dhiraj Singh/Bloomberg

Why it will be a huge mistake to put a stop to economic growth

The degrowth movement, which is gaining momentum, does contain a few nuggets of insight, it’s based on a number of misconceptions.

On Camera

Plastic pollution in water bodies

Banning glitter is not going to save the oceans

Humans release 1.5 million tons of primary microplastics into the ocean annually, a sum equivalent to one disgorged plastic bag for every person each week.

Karnataka High Court stops Franklin Templeton debt funds closure without investor consent

Franklin Templeton shut six of its fixed-income and credit-risk funds run in India in April, locking in Rs 308 billion of investor monies following a liquidity crisis.

Defence

Defence Minister Rajnath Singh at Sukna Military Camp in Darjeeling district on Saturday | ANI

India wants to end border row with China, but will not cede an inch of land, says Rajnath Singh

The defence minister was speaking after performing 'Shastra Puja' at the Sukna-based headquarters of the Indian Army's 33 Corps in Darjeeling on the occasion of Dussehra.
Illustration: Soham Sen/ThePrint

Trump or Biden? Doesn’t matter to India-US ties as they’re in a full, strategic embrace

Pompeo & Esper’s visit to India for the 2+2 talks is proof that old hypocrisies are history, and supreme national interest has again driven a strategic choice.