A report published in British journal The Lancet reckons India's working population will surpass China's in the mid-2020s.
With his strong views on Bharatiya economics, his appointment to the RBI board may well presage interesting times, says Archis Mohan.
"High rate of economic growth has bypassed 77 per cent of population, which is living on a meagre income of Rs 20 per day... barely sufficient to survive," he said, while addressing the eighth Editors' Conference on social sector issues in New Delhi on Thursday.
'The assumed linear correlation between forced lower yields, higher bank borrowing from the RBI, higher lending, and higher growth involves leaps of faith, each a step on the quicksand of false beliefs,' warns Debashis Basu.
Poverty figures for 2011-2012 have shown a steep decline since 2004-2005.
The correlation between withdrawal of deposits and the Covid death rate is stark, reveals Tamal Bandyopadhyay.
Canadian Prime Minister Stephen Harper is leading an official delegation on a three-day visit to India during which the two countries are expected to finalise a civilian nuclear deal and ink a major economic treaty. Harper arrived in Mumbai late Sunday night after attending the Asia-Pacific Economic Cooperation (APEC) summit in Singapore.
Prime Minister Modi made a strategic blunder of Nehruvian proportions -- presuming no war can happen now, and the Chinese won't be a military threat and risk their economic interests, observes Shekhar Gupta.
Although the first woman to hold the position of chief economist at IMF, it would be wrong to see her appointment through the lens of gender
"In the next five years both India and China will continue to grow very fast. Both will struggle to gain influence in global decision making that is commensurate with the size of their economies," says Arthur Kroeber.
Although the services sector is a huge success, the biggest challenge for the Indian government is to build public support for the sector.
'When growth drops precipitously from 7% to 4.5% in four quarters, it is for all practical purposes a recession' notes T N Ninan.
An official announcement to this effect would be made next week. The vice-chairman would be of Cabinet rank.
India's economic growth does not match its intellectual prowess, but now the government and the private sector are waking up, says Hong Kong tycoon Ronnie Chan.
If the earnings in the first quarter of the current financial year are an indication, most banks, particularly those majority-owned by the government, have fared well, reveals Tamal Bandyopadhyay.
'We can only hope that the government has finally 'got it' and will stay focused on improving productivity, demand, and governance,' says Debashis Basu.
Debroy worked as a consultant in the Department of Economic Affairs in Finance Ministry.
A confrontation with the Taliban in Kabul in this fading light of a twilight zone would have been sheer madness, observes Ambassador M K Bhadrakumar.
China's growth model is based on the oldest rapid economic growth hormone available: debt.
Biden and Harris are the leaders we need at this time to do the painful but necessary work of creating a more inclusive -- and united -- nation, points out Murali Kamma.
TIME also named freedom fighter Amrit Kaur as 'Women of the Year' for 1947
'The more the news media weakens, especially at this juncture of economic ruin with lay-offs and wage cuts, the more the owners and journalists weigh their value in terms who they are close to, the more they depend on the State to bail them out of trouble, slow-fry their rival, the faster it pushes us towards institutional destruction,' warns Shekhar Gupta.
As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.
'The world does not care about the tension on our border.' 'India has to emerge as a strong economic power.' 'Respect comes when the world sees a country with a direction and leadership that has a vision,' points out Ramesh Menon.
'The redrawing of the map with the inclusion of Kalapani area by Nepal and endorsement from the House of Representatives shows the KP Oli government's move to gain cheap popularity in the name of nationalism'
Karzai said Afghanistan wanted India and Pakistan to sort out their problems.
The last edition of the 14-year-old morninger, which had already stopped from Delhi and other centres earlier, will come out on Thursday from Mumbai and Ahmedabad, the broadsheet owned by Zee group's Subhash Chandra's Essel group said.
India must break out of this strategic triangulation between China and Pakistan. We need to settle our issues with one of the two, notes Shekhar Gupta.
'The finance minister in her Budget speech should spell out how exactly she intends to get back to the 7% track, and the hard decisions she intends to take in order to adjust to the realities of a slowing economy until growth momentum returns,' suggests T N Ninan.
Cannot solve problems by perpetuating poverty in the name of environment, the prime minister said.
Why are investors gung-ho about State Bank? asks Tamal Bandyopadhyay.
Ravi Shankar, a senior Indian journalist working with a leading state-run English newspaper, was presented with 'Friendship Award', China's highest honour for foreign experts for their contribution to the country's economic and social development.
In the final segment of a four-part interview, Communist Party of India-Maoist general secretary Ganapathy says the Maoists are prepared to come to the table for talks provided the government agrees to their main demands.
''Even without major reforms, with a business as usual scenario, and with current inflation trends, we should be clocking around 11 to 12 per cent nominal growth.' 'That is not happening and is a source of worry,' Rathin Roy tells Arup Roychoudhury.
The superintendent of Taloja jail has just been transferred. Does that signal a more human phase in prison for the Bhima Koregaon accused? asks Jyoti Punwani.
The World Happiness Report published on Wednesday ranked 156 countries by happiness levels, based on factors such as life expectancy, social support and corruption.
Ajit Jain, rediff India Abroad's Managing Editor, Canada, who is traveling with Canadian Prime Minister Stephen Harper on his first-ever visit to India, reports on the opening of the Asia Pacifiv Economic Cooperation conference in Singapore.
In Part III of the interview, the CPI-Maoist general secretary says that the party is building its cadre base to wage a protracted war with 'enemy' forces.
In the first of a 5-part series, Ganapathy talks about the birth of revolutionary movement, its struggles and the way it has learnt its lessons with passing time.
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