As India prepares for the next budget, here is another critical issue it needs to focus on: The galloping trade deficit. According to the First Advance Estimate (AE1), released earlier this month, the trade...
Somewhat like âthalinomicsâ of Economic Survey of 2019-20 which measured household incomes and âdosa economicsâ of Raghuram Rajan in 2016 to explain inflation, âcar economicsâ explains the higher-growth-higher-inequality paradigm
In FY18, the last year for which disaggregated income tax data is available, only 29,002 ITRs declared income above Rs 5 crore, while Credit Suisse said India had 7.25 lakh dollar millionaires (the wealth...
A 17% credit growth in the first quarter of November 2022 means little since personal loans continue to dominate over loans to industry, particularly large industry. In September 2022, the CFA explained how Indiaâs...
Surely, the Center doesnât know; had that not been the case, it wouldnât be giving multiple sets of data, all of which contradict each other. One true “master stroke” that helped the Modi government...
Nearly a month after Maruti Suzuki chairman RC Bhargava raised a stink by saying that peopleâs ability to buy small cars has eroded and would continue to decline next year and national dailies reported...
Until now, reservation was prompted by the perennial caste-based discrimination system, which has pushed a significant population into multiple deprivations; upper castes suffer no such handicap.
Genetically modified food is back in the news after the regulator Genetic Engineering Appraisal Committee (GEAC) recommended âenvironmental releaseâ of GM Mustard, billed as an indigenously developed transgenic hybrid or a âswadeshiâ product, on...
While there is no way of knowing if companies are really spending 2% of their net profits, the Centre has removed critical disclosure norms, making CSR activities entirely opaque and unaccountable Having diluted corporate...
The Global Hunger Index 2022 relies on Indiaâs official data in two of the four indicators, gives extra marks in the third and for the fourth, it relies on FAOâs survey while India has...
Shockingly, World Bank estimated this using a private firm CMIEâs surveys, because Indian government wouldnât collect household consumption data, lest it reveals the ugly truth
Two shocking revelations have hit recently: Vedanta-Foxconn to corner entire sectoral subsidy of Rs 76,000 crore to build chips and a wrong Hyundai got the PLI to make EV batteries