Topic: Economy

In contrast, he said, the fear in 2012 was one of possible stagflation, where growth was falling and inflation was high.

Union Finance Minister said that it was Congress that left India crippled, relying heavily on imports rather than empowering PSUs such as Hindustan Aeronautics Limited (HAL).

In India, only 17% of public sector banks and 25% of private sector banks claimed to have an internal strategy for integrating climate risks into their risk management framework.

A new report by Australia’s Griffith Asia Institute found that China’s investment in the region has grown to $37 billion in 2023 from $29 billion the year before. Experts tell ThePrint this is a part of its strategy to assert its economic prowess.

Declaring South Korea as its enemy, the Supreme People’s Assembly also voted to abolish a special law on Mount Kumgang tourism project, a symbol of cooperation between the two nations.

The prospects of the economy generating the resources to discharge the obligations that must be defrayed soon do not look good. It could transmute into a declaration of default.

Nobody is calling for haste in the disinvestment process, but there’s no reason for the current pace. Perhaps for political reasons, govt can’t take back the policy—it's admitting defeat.

Ending the current trade-off between the economy and the environment is fundamental to a new paradigm for global development.

ThePrint view on the most important issues

In his closing column, T.N. Ninan looks back at the forecast that the BRICS economies would overtake the US, Japan, Germany, UK, France, and Italy, and how far that prophecy has been fulfilled.