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Friday, May 3, 2024
TopicIndian Economy

Topic: Indian Economy

Gita Gopinath asks India to stick to fiscal consolidation as Q3, Q4 recovery could be lower

At FICCI event, Gita Gopinath says IMF is likely to revise India's growth forecast downwards in its January outlook.

Arvind Subramanian on India’s ‘Great Slowdown’, Subodh Mathur asks CMs to control economy

The best of the day’s opinion, chosen and curated by ThePrint’s top editors.

Citizenship law shows tension between BJP’s Hindutva and Modi govt’s economic goal

Having an environment that is not disrupted by social and political tensions is important for business, both domestic and foreign.

Modi govt set to miss fiscal deficit target for 2019-20

The govt is looking at how much space it has within Fiscal Responsibility and Budget Management Act for a possible fiscal slippage, says official.

BJP’s ambitious political push shows seriously misplaced priority when economy’s in crisis

Perhaps BJP thinks economic recovery will happen before the next general elections. But this assumption can come unstuck if current directions are not reversed.

Is India is moving to ‘rule by gun’ asks Faizan Mustafa, Arvind Subramanian on better data

The best of the day’s opinion, chosen and curated by ThePrint’s top editors.

Why Indians aren’t protesting against rising unemployment

People protest when they think it will achieve something. The Indian economy is in such a bad shape that they have given up.

RBI surprises with no rate cuts, slashes full-year growth projections to 5%

RBI's monetary policy committee retains repo rate at 5.15% & reverse repo at 4.9% in a unanimous decision, notes 'there is space for future action'.

Harsh Pant cautions against ‘Chinese misadventure’, Patwardhan tells an Ayodhya tale

The best of the day’s opinion, chosen and curated by ThePrint’s top editors.

After slew of rate cuts, Modi govt could now increase GST rates to boost revenues

GST Council has written to all states to suggest measures to increase revenue at a time when tax collections are far short of budgeted targets.

On Camera

Two documents, Modi-Macron visits—India-France defence partnership is touching new heights

Horizon 2047 signed during Modi's visit to France in July 2023 and the defence industrial roadmap during Macron’s visit to India in January 2024 guide the strategic bonhomie between the two countries.

How govt brought Vodafone Idea back from the brink & earned a neat profit in the process

In 2021, the government allowed telcos to convert interest on deferred spectrum payments and AGR dues into equity. This made it the single largest stakeholder in Vodafone Idea.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.