Topic: India’s GDP
Let’s stop pretending. Indian banking sector needs to be mostly private to be healthy
It’s virtually written in the stars that private banks will continue to grab a bigger share than public banks. Two or three large, better-run govt banks should suffice.
Modi trying to ‘prove himself’ to farmers, Delhi politicians meet in ‘quiet’ fields
The best cartoons of the week, chosen by the editors at ThePrint.
Economic recovery stronger than expected, but surge in Covid cases key risk — RBI governor
RBI governor Shaktikanta Das says there is a need to be watchful of demand sustainability post festive season.
Future rate cuts depends on moderation in inflation, says RBI Governor Shaktikanta Das
The reconstituted Monetary Policy Committee, which met from 7 to 9 October, had decided to keep the benchmark lending rates unchanged in view of the hardening of retail inflation.
Indian economy to contract 10.3% in 2020, to bounce back with 8.8% growth in 2021, says IMF
With an 8.8% growth rate in 2021, India will regain the position of the fastest growing emerging economy, surpassing China's projected growth rate of 8.2%, the IMF report said.
Investor sentiment still low. But green shoots in bank loans, GST collections, power usage
Double-digit growth seems optimistic. Modi govt needs to more than double its expenditure to compensate for the losses and avert GDP decline. It's fanciful at best.
Tribute to Indian-Tibetan SFF hero Nyima Tenzin, and who really needs Y-plus security
The best cartoons of the day, chosen by the editors at ThePrint.
Fitch Ratings project 10.5% contraction of Indian economy this fiscal year
India's GDP shrank by a staggering 24 per cent year-on-year amid the imposition of one of the most stringent global nationwide lockdown.
Not Sushant Singh Rajput, not Rhea Chakraborty. It’s the economy, stupid
As Indian economy shrunk by 23.9%, many were left with prayer to cope with this invisible ‘hand of God’ – they morphed the Go Corona Go chant to Grow GDP Grow.
‘Shrinking’ of Parliament, and Nirmala Sitharaman’s loan fix for every issue
The best cartoons of the day, chosen by the editors at ThePrint.
Parag Agrawal of Twitter signals Brahmin clout at IIT ending. Kota is now Baniya phenomenon
Baniyas, with their financial might, have breached the sanctum sanctorum of IITs. Money is playing a bigger role than birth in a certain caste. Change is welcome.
Bezos, Branson & Musk — Are billionaires popularising space travel or just on an ego trip?
Jeff Bezos will travel to the edge of space in his New Shepard aircraft — more than a week after billionaire Richard Branson defeated him in a fast developing space race.