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War drums in the Middle East are bad news for the economy

New Delhi, April 16 -- For the first time in 33 years, a foreign nation-state attacked Israel on Saturday, April 13. The last time was when Israel was attacked by Iraq with scud missiles in 1991. This... Read More


The persistence of unequal growth will be bad for India

New Delhi, April 9 -- The World Inequality Lab (WIL) recently published a report, Income and Wealth Inequality in India 1922-2023: Rise of the Billionaire Raj. The subtitle is a nod to the name of a 2... Read More


Transparency in poll funding could lead to a national clean-up

New Delhi, March 27 -- While "political party" is not entirely absent as a mention in India's Constitution, it finds space only in the 10th Schedule, which was added in 1985, brought about by the intr... Read More


India's looming water crisis: Need to raise public awareness on water conservation as a national priority

New Delhi, March 20 -- A factory using a water-intensive chemical process in Gujarat had a problem. It was the onset of summer. The assured industrial supply of water was not forthcoming. Despite effi... Read More


The proliferation of EVs could make decarbonization harder to achieve

New Delhi, March 15 -- India's electricity consumption is growing at nearly 9% per year, faster than real gross domestic product (GDP). That is understandable, since economic growth involves rapid urb... Read More


India's 8.4 per cent GDP growth: More than what meets the eye

New Delhi, March 6 -- India's GDP during the three months ending in December grew at 8.4 percent. This is the highest among all large economies of the world. It is extremely heartening to have the eco... Read More


India's household consumption survey captures predictable changes

New Delhi, Feb. 28 -- A fact sheet for the Household Consumption Expenditure Survey (HCES) 2022-23 has been released by India's statistics ministry. The full report with unit-level data is awaited. It... Read More


The Union budget shows remarkable fiscal restraint

New Delhi, Feb. 1 -- A budget presented when national elections loom large in a few months could be expected to have some fiscal fireworks. Remember the big loan waiver given by the United Progressive... Read More