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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.
The Reserve Bank of India (RBI) logo is displayed on a gate at the central bank's headquarters in Mumbai

Funding for Lending: RBI could now turn to Bank of England for ideas to revive growth

RBI has so far taken a leaf each from the US Fed & ECB’s books to manage bond yields using unconventional tools, as inflation keeps it from cutting rates.

Inflation at 7.3% and growth at 5% — is Indian economy facing stagflation?

Former PM Manmohan Singh had warned in November 2019 that the Indian economy was entering a stage of stagflation, with high inflation and stagnant demand.

Modi govt shouldn’t cut income tax rates for middle class to boost growth: Raghuram Rajan

Former RBI governor says India has a powerful govt, with a charismatic PM, which should deliver the kind of economic growth the country owes its youth.
Latest news on Indian economy

Indian economy is sputtering but the stock market is just powering ahead

While GDP growth rate slowed for a sixth straight quarter BSE Sensex has surged 13% from a low on 19 Sept as it rose to all-time highs.
(Representational image) People inside the retail market in Nagpur | Photographer: Dhiraj Singh/Bloomberg

S&P reaffirms India’s sovereign rating, retains outlook at ‘stable’

S&P rating comes weeks after Moody's Investors Service lowered India's rating outlook from ‘stable’ to 'negative'.
National Students' Union of India members raising slogans during a protest against the rape and brutal murder of a veterinarian in Hyderabad | PTI

Kaushik Basu calls for ‘paradigm shift’ in economics, Kala on fading ‘rage against rape’

The best of the day’s opinion, chosen and curated by ThePrint’s top editors.
Bill Gates | Mark Kauzlarich/Bloomberg

India has potential for very rapid economic growth over the next decade, says Bill Gates

The billionaire's comments come at a time when the Indian economy is reeling under a major slowdown with fears that it may last for a longer period.
Electricity transmission towers in Maharashtra | Karen Dias/Bloomberg

Record fall in electricity demand adds to bad loans woes of Indian banks

Prospective bidders for stressed power generators are wary as demand from distribution utilities contracted in three straight months to October

On Camera

A pedestrian crosses a nearly empty street in the Times Square neighborhood of New York, US | Bloomberg

We must not return to work for now. Covid’s not over yet, says a virologist in letter to son

If everyone goes back to work as soon as the ‘curve bends downwards’, it's guaranteed you'll get a second wave of infections in Europe.

Is forcing private labs to make Covid-19 tests free the only way to stop spread of infection?

The Supreme Court directed the central government to make Covid-19 testing by private laboratories free of charge Wednesday.


Col Navjot Singh Bal | special arrangement

Col Navjot Singh Bal, Shaurya Chakra awardee and icon for many, loses battle with cancer

Despite losing an arm to cancer, Col Navjot Singh Bal continued to serve in 2 Para as the commanding officer and even learnt to fire with his left hand.

Poke fun at taali, thaali, diya and mombatti all you want. Modi couldn’t care less

Modi knows who he needs to speak to, who he should toss, who he can address in kind. People accuse him of infantilising his voters, but it’s a winning strategy.