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Topic: economic growth

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.
Artificial Intelligence

Artificial intelligence may gobble up jobs, but it will also free men to do care work

Currently much care work is low paid, unpaid or invisible – and mostly done by women.

India’s racing stock rally may slip on oil price & stretched valuations

Record economic growth could power stocks further but some investors think the market has already run up a lot & faces risks

The Modi govt should be pleased with the IMF report on Indian economy

While the Fund is critical of the note ban and MSP on farm products, it is generally bullish about the prospects of 7.75% growth in the medium term.

On Camera

ram madhav

Why does the Right-wing want to ‘occupy’ Delhi’s liberal hotspot Khan Market?

BJP's Ram Madhav took party workers to Khan Market to celebrate the Lok Sabha victory to assert the "new political ideology and culture".

Defence

An AN-32 aircraft of the Indian Air Force

IAF workhorse AN-32 gets a fuel that’s green and creates jobs for tribals

The IAF will now run its AN-32 transport aircraft on a blended bio-fuel partly derived from trees. It plans to widen the experiment over the next two years.
Graphic by Soham Sen | ThePrint

Modi era begins in politics as caste factor fades. Here’s why he won’t be easy to beat

BJP's Mandir politics has subsumed Mandal under Modi-Shah and created a pan-Hindu vote. Modi's challenger has to invent a new politics.