Wednesday, 25 May, 2022

Topic: GDP

Bangladesh is better off than India, not a poor, backward neighbour anymore

Bangladesh has come a long way since its independence in 1971, registering impressive performance on economic and social indicator.

Remittances from abroad may save India from similar currency crash as Argentina’s

Estimates say India received $69 billion in overseas remittances last year, equivalent to almost 3 per cent of GDP.

Unwise decision by RBI to delay inevitable rate hike

It was up to RBI to try and undo the damage of New Delhi’s loose talk on the rupee. And the RBI blew it.

Modi govt better be prepared for a big oil shock

If forecasters are right and oil is headed for $120, we are headed for a sixth price shock — and possibly a sixth economic shake-up.

Unemployment among young and highly educated Indians highest in 20 years, study finds

Unemployment among Indian youth and the highly educated has reached 16 per cent, worst in last 20 years, shows Azim Premji University study.

Rupee crashes to 72 per dollar as India scrambles to halt fall

The currency has set a string of record lows, shadowing India’s optimistic world-beating economic growth.

Indian bond traders shouldn’t be fooled by a fall in inflation

A currency that’s been slipping to a new record almost every day is ensuring that the optimism doesn’t last too long.

China’s growing GDP won’t change the fact that the only currency and bank that matter are American

The newest OECD paper finds that China's growth will have to reconcile with its soon-to-be aging demographic.

GDP growth of 8.2% surpasses expectations, but agriculture prices a cause of concern

Farm loan waivers may actually dis-incentivise banks from lending to agriculture in the long-term.

India’s Q1 GDP grows 8.2%, brings relief to Modi government

Besides base effect, figure indicates recovery in economic activity, especially in the manufacturing sector.  New Delhi: India’s gross domestic product (GDP) grew at 8.2 per...

On Camera


US President Joe Biden speaks in the East Room of the White House in Washington, D.C., on 16 August 2021. Biden defended his decision to withdraw US troops from Afghanistan | Samuel Corum | Bloomberg

US blames failure to shut Pakistan border for Afghan defeat. India, please take note

The US could have used its coercive resources to compel Pakistan to shut down the Taliban’s transborder sanctuaries. It chose not to—costing its victory.
Vendors at a store selling edible oils at Begum Bazaar in Hyderabad, India| Photographer: Dhiraj Singh/Bloomberg

Modi govt to allow duty-free import of soybean, sunflower oil, cool surging prices

The government will permit purchases of 2 million tons each of the two vegetable oils per annum this fiscal year and the next, according to a notification by the finance ministry.


Prime Minister Narendra Modi with Japan's Prime Minister Fumio Kishida, Australia's Prime Minister Anthony Albanese and US President Joe Biden at the Quad Summit, in Tokyo, Tuesday | ANI

Quad action against ‘illegal fishing’ may also target China’s Indo-Pacific ‘political activities’

Indo-Pacific Partnership for Maritime Domain Awareness will use advanced & integrated satellite imagery & technology to combat illegal fishing & 'dubious operations' of Chinese maritime militia.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.