IMF says the Indian economy will fall by 10.3% in the current financial year, compared with 4.5% contraction predicted in June. Read more »
Tweaking of weights in inflation indices makes sense, given the policy objectives of RBI policy – price stability and economic growth. Read more »
It is surprising that the Reserve Bank of India stuck to a literal, narrow interpretation of its mandate and chose to focus on short-run inflation. Read more »
Any agency other than the Reserve Bank of India and lenders interfering will adversely affect the systems already in place in the country’s financial sector. Read more »
In depth: The three farm bills are historic -- they would change agriculture sector beyond recognition. But they will lead the country into an uncertain future. Read more »
India’s gross domestic product had a great fall in the first quarter of 2020-21, pushing the economy into deep uncertainty. The sharp contraction of the economy made a huge dent on the... Read more »
The nature is rebelling against exploitation by human beings through wild fires, tsunamis, hurricanes, massive floods, and now with the dreaded coronavirus.
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The New Education Policy identifies lesser emphasis on research, and lack of research funding as the major problems faced by the higher education system. Read more »
Government investment in infrastructure is often criticised for expensive, poor-quality projects that offer very little benefit for the people and the economy. Read more »
The meeting discussed sectors that could benefit from loan restructuring scheme and Sitharaman asked banks to give feedback on the scheme. Read more »