Danish Siddiqui / Reuters
Amit Dave / Reuters
The credibility of India's most recent quarterly growth numbers has been called into question by many experts.
Rupak De Chowdhuri / Reuters
July-September will be the last quarter before the impact is felt from Modi's bold and risky move
Mint via Getty Images
What officials won’t say is that the quality of India’s growth is very poor indeed.
Hindustan Times via Getty Images
With private investment yet to pick up, Finance Minister Arun Jaitley today wondered whether it is desirable to continue offering high interest rates on savings that translate into higher cost of lend...
The UK referendum to leave the European Union, or ‘Brexit’ rattled worldwide markets last week, and sent the BSE Sensex plunging by as many as 1,000 points. But analysts widely expect that, at worst,...
Fuse via Getty Images
In the Reserve Bank of India's second bimonthly policy review, RBI governor Raghuram Rajan decided to adopt a cautious stance and maintain the status quo despite a compelling case to cut interest rates amidst a favourable monsoon outlook, consumer price index (CPI) inflation in line with the RBI's projected path, the government's progressive reforms, fiscal consolidation and the need to nurture growth.
Hindustan Times via Getty Images
There’s plenty to cheer about India’s recent GDP growth data and economy, which clocked a 7.6 percent increase in the fiscal 2015-2016. However, a closer look reveals possible catches in the growth da...
Paper Boat London via Getty Images
Amid weak global growth, India is on track to continue as the fastest growing economy. There’s a consensus among leading economists and analysts that India’s March quarter GDP figures likely grew 7.5...
SANJAY KANOJIA via Getty Images
The world is moving on two tracks which are not converging. On one track are institutions concerned with a narrowly defined 'economy', and with GDP. On the other track are institutions concerned with what GDP does not measure--environmental sustainability, human dignity, livelihoods, and justice--the concerns of the Sustainable Development Goals (SDGs).The two worlds -- of GDP and SDGs -- must come together.
Bartosz Hadyniak via Getty Images
MUMBAI -- India will sell a 5 percent stake worth about $730 million in its top power producer NTPC Ltd, as the government races against time to raise funds via asset sales to meet this year's fiscal...
INDRANIL MUKHERJEE via Getty Images
The principal questions foreign investors would ask me until recently were about the health of the Indian economy. Now another question is being asked too: what is happening to India's social fabric? Astute investors know that the condition of a country's society can have salient effects on its economic progress. The concern of Indian citizens is even deeper. For them, "development" does not have only an economic dimension. They fear that the tearing of the nation's social fabric is a price not worth paying for faster growth of GDP.
Bloomberg via Getty Images
NEW DELHI -- Reflecting a muted performance, the GDP growth slowed to 7 per cent in the April-June quarter, from 7.5 per cent in the previous quarter, amid deceleration in farm, services and manufactu...
The country's economy is likely to clock 8% growth in the next financial year and 8.3% in 2016-17, says a report. "India is the only BRIC country, where growth will accelerate, to 8% in FY16 and 8.3%...