Duvvuri Subbarao said a consequence of the pandemic has been the sharpening of inequalities. Growing inequalities can erode consumption and hurt long-term growth prospects, he said.
IMF Tuesday projected a 12.5% rate for India in 2021, stronger than that of China, the only major economy to have a positive growth rate in 2020 during the pandemic.
Flurry of economic reform suggests Modi realises his muscular nationalism script is getting jaded. Chances are he'll try for economic recovery but stick to what's worked.
At Off the Cuff, the principal economic advisor in the finance ministry asserts that the figures in the Economic Survey were a ‘conservative’ estimate.
China’s single-party model enables inner party control, as an additional instrument, to ensure governance effectiveness across long implementation chains.
India's economy could contract by around 1% in the Q4 if one takes into account the revised full year GDP numbers for the current fiscal. For the full year, NSO forecasts steeper contraction of 8%.
Activity in India’s dominant services sector expanded for a fourth straight month in January, with the pace of new work and business activity both quickening from a month ago.
Market economies seeking private investment don’t function well without autonomous institutions, checks on executive excess, and freedom to express opinion without fear.
TMC should worry about minority voters and how they view her ‘outside support’. Minorities are with the TMC but they have also watched Rahul Gandhi march across the country.
Latest report by UN Department of Economic and Social Affairs says global growth to be faster than estimated earlier & India’s 'robust performance' to boost South Asia’s growth.
The Spanish foreign minister says 'the Middle East does not need more weapons, it needs more peace'. Spain has been very critical of Israel’s offensive in Gaza.
Even in the weeks leading up to Chamkila’s assassination there were massacres every other day. To airbrush all of this is sheer intellectual cowardice if not a crime.
Yeah sure. Economy will need an excuse anyway. What else could be more honest???