The "huge mountain of debt" in developed economies and the risk of a possible unravelling is a matter of concern for India, Union Minister for Railways, Information & Broadcasting, Electronics & Information Technology Ashwini Vaishnaw said on Wednesday, pointing to the recent spike in Japanese bond yields.
Kaushik Basu, the C Marks Professor of International Studies, professor of economics, and director of the Center for Analytic Economics at Cornell, has been asked informally if he would consider becoming Chief Economic Advisor (CEA), a post that will fall vacant after Arvind Virmani ends his tenure and leaves to join the International Monetary Fund at the end of the month.
Trump has played throughout his career as a deal-maker who could deliver where others could not, and Ukraine represents the ultimate test of that image, notes Manish Dabhade.
On his 200th birth anniversary, Utkarsh Mishra traces the life, thought, and legacy of Dadabhai Naoroji, the Grand Old Man of India.
'...they always address problems superficially, never tackling root causes.' 'Currently, the policy response will focus on immediate relief -- getting people to safety, providing facilities, clearing debris.' 'This is necessary, but once immediate relief operations end, everything returns to 'normal' without addressing underlying vulnerabilities.'
The foreign degree no longer sells itself, families are doing the math, and for many, the numbers just don't add up.
In the short run, the Trump presidency has already ensured one thing: The assumptions of the past can no longer guide the strategies of the future, points out Manish Dabhade.
Paul Romer, a New York University professor and economist
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
'Outside investors don't want to get tangled up in a religious war.'
'Most students find it difficult to cope with the way they are expected to learn at the IITs.' 'So, all the students face the same stress.' 'But those students who are mentally weak are more affected.'
It would be a difficult task for the Indian economy to reach the $5-trillion mark a year before the International Monetary Fund (IMF) projection of 2026-27. Pankaj Chaudhary, minister of state for finance, said in the Rajya Sabha on Tuesday that the government is taking steps to make the country a $5-trillion economy at a date earlier than the IMF's projection. In that context, it would not be difficult to meet the projection in the third quarter of FY27.
'If the Opposition does make a dent, it could encourage the efforts of regional parties to come together for the larger battle in 2024 and mark the beginning of a new anti-BJP politics.'
'It is not just a loss for India or UC Berkeley, it is a loss for the world.'
'It is important to understand that the disability is not in the person.' 'The problem lies in societal attitude and the discriminatory treatment given to disabled people in our country.'
India scripted history as the ambitious third Moon mission of the Indian Space Research Organisation (ISRO) touched down on the Moon's south pole, propelling the country to an exclusive club of four and making it the first nation to land on the uncharted surface.
Describing the Narendra Modi-led BJP's electoral victory as a "breathtaking landslide", eminent American think tanks and experts have said the win has given him an opportunity to "redefine" Indian politics.
Atanu Biswas explains the economics behind hosting a Games in pandemic times.
'Extending the range of the DF-21D could challenge Indian aircraft carriers if the missiles are launched from southwest China. Also, if Pakistan acquires these systems, these missiles could directly challenge India's aircraft carriers.'
'What is forgotten but is actually as important for a society's long run success is morality.' 'Morals and trust are the nuts and bolts of an economy.' 'Without those you can get short run success, but not long-run development.'
Despite the relaxation of the one-child policy in 2016, the number of live births per 1,000 people fell to a record low of 10.48 in 2019, down from 10.94 in 2018.
China had been trying hard to enter the Indian market, without opening its own to Indian products. There is an economic crisis in India-China relations that the Chennai Connect barely scratched the surface, points out Srikanth Kondapalli.
Richard Clarida's recent paper could be key for policymakers in deciding whether India should move to an 'inflation targeting policy regime', says Vivek Dehejia.
The three years at the Reserve Bank have mostly been a string of success stories for Rajan, gaining him common man's adulation even as the free-thinker in him made a few foes who matter more in the corridors of power
No country has grown without educating its people. India's shameful lag in primary and secondary education has persisted for several decades, and the crisis in higher education is now threatening a social and political calamity, says Ashoka Mody.
'At the previous 18th party congress, Xi vowed to protect China's 'core' interests.' 'As a result, India faced a barrage of serious incidents on the borders with China -- at Depsang, Chumar, Pangong Tso and Doklam.' 'New Delhi will watch closely the political signals emanating from Beijing this week,' says China expert Srikanth Kondapalli.
'Stan's death is the culmination of a series of acts of abominable cruelty on the part of the Indian State.'
'We are looking at the Budget with the hope that it will address all issues even at the cost of exceeding the fiscal deficit target.'
To mark his 50th death anniversary, rediff.com has launched a special series to evaluate Jawaharlal Nehru's legacy.
'If you are a slave, nobody has any problem. The conflict starts when you question and ask for equal rights.'
The RSS realises that with a majority BJP government at the Centre and in several states, now was the best time to undermine and perhaps outdo the Congress-Left 'stranglehold' over campuses and young minds.
Critics have even suggested that India is doing this because it is not prepared to take on the requirements of TFA, with a relatively weak trade infrastructure.
In anticipation of a verdict to be delivered by the International Tribunal of the Permanent Court of Arbitration in The Hague on Tuesday, China has orchestrated a worldwide campaign to defuse its findings.
Bibhu Mohapatra from Odisha gave up a degree in economics to design clothes and hasn't looked back.
After weighing all the costs and benefits, the next administration is likely to reduce and restructure assistance to Pakistan but not to end it altogether, says Daniel S Markey.
'The real test will be in defence-related deals, for instance the Javelin anti-tank missile: Is the US willing to co-develop something with India, on terms that will support the 'Make in India' initiative? Is there defence technology transfer? Or will it dump old junk on India?' asks Rajeev Srinivasan.
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