On 29th November 2024, the National Statistics Office released data that revealed that the Indian economy drastically missed the growth expectations in Q2. [1] In the July to September period, the growth was a lowly 5.4 percent as against the Reute
On September 2023, JP Morgan announced that it will include Indian government bonds to it’s emerging markets bond index. India will be included in the GBI-EM global diversified index starting June 28, 2024. Currently, 23 Indian government bonds wit
Last month, a leading multinational German investment bank published a report on fiscal health of key 17 States in India.[1] The report was based on four key fiscal parameters i.e. fiscal deficit; own tax revenue, state debt levels, all as a percenta
US President Harry Truman entangled in an array of economic views had famously asked for a “one-armed economist”.[1] A team of economists pronouncing “On the one hand, this” and “On the other hand, that” may have seemed too confusing for
One day, Sage Durvasa offered Indra a garland of flowers. Indra annoyed by the bees surrounding the garland threw it to the floor which enraged Goddess Lakshmi. The Goddess of wealth upset with Indra left the Devaloka and the gods started losing powe
Back in March 2020, the Reserve Bank of India proposed an SBI-led restructuring package for the struggling Yes Bank by exercising a clause in a manner no one expected.1 The proposed restructuring entailed writing down of over Rs.8400 crores of outsta
Back in 2016, Elon Musk the billionaire Tesla & SpaceX CEO announced that Tesla’s Model 3 would be built in a new fully automated factory. In the most ambitious attempt at automation, Tesla floundered with severe bottlenecks and was plagued with �
With the age-old Ram Mandir issue resolved Indian civilization took a step ahead in 2020 even when global and Indian economy took several steps back due to pandemic. A great historic wrong has been corrected which was imposed on our ancestors and the
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When the RBI meeting of Monetary Policy Committee (MPC) in August commences, it would probably be the strangest voting decision. On one hand, RBI may be acutely sensitive to the diminished consumer confidence and risk aversion the pandemic and subseq
For decades, India has looked upon China as competitor in the economic sphere and rightly so. Indian civilization has historically been an economic superpower for centuries ahead of China. It was inevitable in contemporary economic history that a gia