POLITICS
Nature’s revenge
Since the power and pelf lie on the side of the developers, a blind eye is often turned to environmental concerns
BUSINESS
What the January RBI surveys tell us about the strength of the economic recovery
A majority of urban consumers say their incomes and jobs have suffered in the past year
BUSINESS
January PMI shows sustained improvement in Indian economy
Input costs are rising and the Monetary Policy Committee will have to take that into account, together with the high fiscal deficit
BUSINESS
How the post-pandemic Budget compares to the post-financial crisis one
A startling coincidence is that both the Budgets aimed for a fiscal deficit of 6.8 percent of GDP
BUSINESS
No ifs and buts: Budget 2021 sets clear growth goals
Budget 2021 underlines government’s business-friendly ideology. In Nirmala Sitharaman, we have our own Ronald Reagan and Margaret Thatcher.
BUSINESS
For the Economic Survey, growth is the panacea for a variety of ills
The Survey calls for a higher fiscal deficit, which will lead to higher growth, thereby keeping the debt to GDP ratio down. It says the government shouldn’t bother about what the rating agencies think in this regard. And finally, it says that growth is the best friend of all sections of society, including the poor
BUSINESS
What the longevity of British India Corporation tells us about government lethargy
Some facts are stranger than fiction, especially when they are about zombie PSUs.
BUSINESS
RBI says India will have a ‘glorious summer’
RBI report on state of economy asks whether the Union Budget could be a game changer
BUSINESS
Book Review | The dirty underbelly of Indian development
The picture the author paints is at wide variance with the image we have of India as a vibrant emerging power
BUSINESS
Budget 2021: Look beyond the fiscal deficit
The government has been supporting the economy for years with high deficits, much before the pandemic
BUSINESS
Will a high fiscal deficit in 2021-22 lead to inflation?
Core inflation continued to be sticky in December. As the recovery gathers strength, inflationary pressures may rise, if the government boosts consumption in the Budget
BUSINESS
Central Statistics Office estimates show government consumption to prop up GDP in second half
The sectors estimated to show the highest growth in the second half are ‘financing, insurance, real estate and business services’ and ‘electricity, gas, water supply and other utility services’, both forecast to grow by 7.1 percent year-on-year
BUSINESS
A revolutionary proposal to the Finance Minister for the Union Budget 2021
I would like to propose a deeper, more meaningful, far more fundamental reform, one that would leave an indelible mark on budget-making for all time to come
WORLD
US Capitol violence: Is the attack similar to Germany's Beer Hall putsch in 1923?
The US is fortunate that Donald Trump is such an incompetent bungler, such a pompous windbag. Future authoritarian leaders may be far more ruthlessly efficient
BUSINESS
Budget 2021 | Why the World Bank doesn’t believe the Indian recovery will be V-shaped
The World Bank believes the pandemic has lowered potential growth — the output that can be sustained at full employment and capacity utilization — in the Indian economy by eroding growth in human capital and investment
BUSINESS
December Composite PMI: Budget should take into account the slowing recovery in services
The IHS Markit India Composite PMI lost momentum in November and December and much depends on the pace of vaccination
INDIA
Why the Northern farmers are the last bastion of central planning
The Economic Survey of 2016-17 called Indian agriculture ‘a living legacy of the era of socialism’.
BUSINESS
Urban unemployment lowest in Gujarat at beginning of pandemic, finds PLFS survey
High unemployment is the weak underbelly of the Kerala model
BUSINESS
It’s time to stop the demonisation of big business
The transformation of India from a nation of peasants and petty producers into a modern economy can only be done with the help of big business.
BUSINESS
Book Review: ‘Trade Wars are Class Wars’ by Matthew Klein and Michael Pettis
The authors’ provocative thesis is that it isn’t friction between countries but rising inequality within countries that has led to the current trade wars
BUSINESS
MPC minutes show unease over persistence of excess liquidity
Some MPC members have started to discuss the pernicious effects of too much liquidity and its effect on inflation.
BUSINESS
2020: The K-shaped year
The coronavirus pandemic has brought into focus the duality and contradictions in the system
BUSINESS
Could inflation spoil the party in the asset markets?
A rise in inflation could be the one thing that would force central banks to start tightening
BUSINESS
Chart of the Day | Good news on inflation
The wholesale price index bears out the PMI data on firms starting to pass on input price hikes, with the highest month-on-month increase in the manufactured products index in years
