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A cashier counts Indian rupee bank notes. | Photographer: Dhiraj Singh | Bloomberg

Indian economy could recover to 6.6% next fiscal, new UN report predicts

The recovery will come due to a combination of fiscal stimulus and financial sector reforms, says the UN report. South Asia’s growth is also expected to rebound.

Slowdown not recession says Nirmala Sitharaman: Is Modi govt still in denial on economy?

Finance Minister Nirmala Sitharaman admitted in the Rajya Sabha Wednesday that the Indian economy had slowed down but clarified 'it is not recession yet; it won’t be'.
An employee fits a wheel in a car factory | Representational image | Photo: Udit Kulshrestha/Bloomberg

Indian economy is on a decline. So why are IMF and World Bank’s growth forecasts so high

Analysts from IIM and IIT have looked at former CEC Arvind Subramanian’s data and concluded that India’s true growth rate might have been closer to 4.5%.
An illustration of PM Narendra Modi and Finance Minister Nirmala Sitharaman by Arindam Mukherjee | ThePrint

This downturn too shall end. The low growth base this year will make sure of that

Economic soothsayers may well be right when they predict a pick-up to 5.8% growth for Q2, 6.4% for Q3 and 7.2% for Q4. The low base will help with that.
A laptop computer screen displaying the Netflix homepage | Chris Ratcliffe/Bloomberg

Netflix gets close to the big question: Can it survive at this rate of growth?

Netflix is still adding customers at a healthy clip but its survival is predicated on adding streaming video customers essentially to infinity.
Gita Gopinath

IMF pushes down global growth rate to 3% amid economic slowdown in India, China

IMF chief economist Gita Gopinath warned that the global economy is in a 'synchronised slowdown' and called for policymakers to cooperatively deescalate trade and geopolitical tensions.
Representational image | Dhiraj Singh/Bloomberg

Indian economy’s animal spirits got worse as slowdown spilled into July

A gauge measuring overall economic activity moved one notch toward weaker territory as 6 of 8 high-frequency indicators fell from previous month.

Economic growth rates look almost medieval in rich countries too

Even before the recent bad news, growth rates had slowed down in most rich countries, to historically low levels in some cases.

Does Modi’s population control call signal India unable to leverage demographic dividend?

In his Independence Day speech, PM Narendra Modi said India needs to control its population.
Reserve Bank of India Headquarters, in Mumbai | PTI

Outlook for India’s growth is bleak and RBI forecasts this year nail it

RBI cuts growth forecast for 2019-20 for the third time in 6 months — to 6.9% from 7.4%.

On Camera

File image of Rajasthan Deputy CM Sachin Pilot (left) and CM Ashok Gehlot | Photo: ANI

No votes, ineffective Gandhis — larger malaise underlying Congress’ Gehlot-Pilot spat

In episode 521 of #CutTheClutter, Shekhar Gupta talks about the fundamental contradiction within the Congress party — it is ruled by a strong but ineffective dynasty.
Fuel Station

Modi govt’s petrol, diesel tax hikes seen putting the brakes on India’s economic recovery

The high prices of petrol and diesel are adding another headwind to India’s economy facing the biggest contraction in four decades.

Defence

A file photo of Pangong Lake in Ladakh | Visharad Saxena | Special arrangement

India-China corps commanders talks today to focus on Pangong, to be toughest round yet

India and China have serious differences at Pangong and Depsang Plains, even though they have moved ahead with disengagement at other points of conflict along LAC.
Illustration by Soham Sen | ThePrint

Uttar Pradesh is India’s broken heartland, break it into 4 or 5 states

Uttar Pradesh, our largest state by population and most powerful, is also the worst governed. A state with 1-in-6 Indians has no hope because of its size.