A huge mistake India made post-Independence was the lack of emphasis on primary and secondary education, says member of PM’s Economic Advisory Council.
New Delhi:...
RBI to announce monetary policy today; interest rates tripled from 1.25 per cent to 3.2 in past 14 months, says Bhalla, a member of PM’s eco advisory panel.
A historical analysis of inflation cycles in India suggests that average inflation tends to be higher in the last two years leading up to a Lok Sabha election.
On 8 November, 2016 the Prime Minister announced on television that 86 per cent of the money in circulation in the Indian economy stood demonetised. There are still unanswered questions about the legality of the entire exercise and even the process followed to arrive at the decision.
Demonetisation was a courageous policy decision fraught with high risks. The purported objectives of the decision were to eliminate fake currency, weed out black money, and address tax evasion. Later, digitisation of the economy was also added to the list of objectives. How has demonetisation fared on these objectives?
One year later, it is clear that the economic upside to demonetisation—if there is one—is a long-term proposition. How the government is going to ensure long-term gains is still unclear.
Exactly a year ago, Prime Minister Narendra Modi announced an ambitious but enormously disruptive decision to invalidate Rs 1000 and Rs 500 notes, ostensibly...
While it is unfortunate that a large number of High Net Worth Individuals have left India and taken citizenship elsewhere, the number of HNIs in the country is continuously increasing.
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.
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