News for 'Institute for New Economic Thinking'

India's Neighbourhood First Policy Crumbling

India's Neighbourhood First Policy Crumbling

Rediff.com26 Aug 2024

The fundamental construct of India's neighbourhood policy still needs to be what Vajpayee postulated, Manmohan Singh embraced, and Modi energised. It's just that we need to junk domestic politics and excessive religiosity, while acquiring much humility and a renewed respectfulness towards our neighbours, recommends Shekhar Gupta.

'We Are Frittering Away The Demographic Dividend'

'We Are Frittering Away The Demographic Dividend'

Rediff.com27 Jun 2024

'it's not just youth in India who are left behind because of their inability to find jobs; nearly two-thirds of Indian women of working ages do not participate at all in the paid labour force.'

Ratan Tata, Dreamer And Ideas Executor

Ratan Tata, Dreamer And Ideas Executor

Rediff.com26 Oct 2024

There were certainly qualities adhering to the Tata Group, which emanated from the persona of Ratan Tata. Most notable of these would be the low profile he maintained, which sharply contrasted the in-your-face celebrity status, celebration of wealth and pursuit of importance many of liberalised India's rich, love, notes Shyam G Menon.

What economic crisis will do to India

What economic crisis will do to India

Rediff.com21 Sep 2020

'This encourages escapism through the politics and economics of nationalism, made worse by tribalism or nativism, the package accompanied inevitably by the erosion of institutional bulwarks and therefore State capture by powerful businessmen,' notes T N Ninan.

We shouldn't be scared of China, be ready to compete, says Jaishankar

We shouldn't be scared of China, be ready to compete, says Jaishankar

Rediff.com30 Jan 2024

External Affairs Minister S Jaishankar on Tuesday said it was necessary to acknowledge that China will influence India's neighbouring countries, and India must not be scared of such "competitive politics".

India and the economics of good intentions

India and the economics of good intentions

Rediff.com14 Nov 2019

Good intentions are best left to political parties, governments and religious establishments, suggests T C A Srinivasa-Raghavan.

Manmohan vs Modi Debate: India Is The Loser

Manmohan vs Modi Debate: India Is The Loser

Rediff.com19 Feb 2024

False and acrimonious debates such as Modi versus Manmohan might allow for victories that are political and partisan. But the real loser is the nation, India and Bharat, notes Arvind Subramanian, former chief economic advisor to the Modi government in its first term.

'Jobs Have To Be Created Everywhere'

'Jobs Have To Be Created Everywhere'

Rediff.com25 Jul 2024

'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'

'Educated youth prefer to be unemployed rather than under-employed'

'Educated youth prefer to be unemployed rather than under-employed'

Rediff.com11 Mar 2024

'When manufacturing or even services cannot generate the kind of employment they are looking for, they prefer to be unemployed rather than under-employed.'

'Naidu Will Give BJP Run For Its Money'

'Naidu Will Give BJP Run For Its Money'

Rediff.com7 Jun 2024

'The Opposition parties will continue to woo Chandrababu Naidu even though he has said he will support the BJP.'

How about a 'Think for India' campaign?

How about a 'Think for India' campaign?

Rediff.com17 Aug 2017

The best of India's brains are instead busy solving the world's problems (I deliberately exaggerate a bit to drive home the point), as our policies incentivise them to do so.

Ex-NITI Aayog employee dies in freak accident in London

Ex-NITI Aayog employee dies in freak accident in London

Rediff.com25 Mar 2024

Cheistha Kochhar, 33, was a Doctoral Candidate studying behavioural research since she moved to London from Gurugram, Haryana, last year.

'The govt cannot release funds to states on request'

'The govt cannot release funds to states on request'

Rediff.com19 Mar 2024

'If such a practice were feasible, every state would seek additional funds, posing a significant risk to the overall health of the economy.'

'India Must Not Give Sheikh Hasina Asylum'

'India Must Not Give Sheikh Hasina Asylum'

Rediff.com5 Aug 2024

'At this moment you cannot give her asylum because if you do, then you are directing public anger against India.'

'Even If We Have To Die, We Won't Let This Port Come Up'

'Even If We Have To Die, We Won't Let This Port Come Up'

Rediff.com13 Sep 2024

'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'

Economic freedom: Top 20 nations, India falls to 111!

Economic freedom: Top 20 nations, India falls to 111!

Rediff.com26 Sep 2012

India ranks very low at 111th position in terms of economic freedom.

Why West Opposes Strong Leader Like Modi

Why West Opposes Strong Leader Like Modi

Rediff.com9 Jun 2024

'The West has always opposed a strong nationalist leader in India and Narendra Modi is no exception.' 'The West prefers weak leaders who are amenable to Western pressure and Mr Modi's independent stance is not to the liking of the West,' asserts Colonel Anil A Athale (retd).

Yes Bank's insolvency may widen economic pain: S&P

Yes Bank's insolvency may widen economic pain: S&P

Rediff.com9 Mar 2020

SBI's ownership should give confidence to depositors and lenders about the bank's solvency.

Ram Teri Ganga Maili

Ram Teri Ganga Maili

Rediff.com12 Jun 2024

Six decades and more later, we are now captives of our identities. Every poll is based on elaborate calculations of electability of candidates on the basis of their castes and other narrow definers. That, along with voter promiscuity, is what defines our political culture, which remains stubbornly resistant to any change, asserts Shreekant Sambrani.

Why K V Kamath calls Indian banking system the best in 50 years

Why K V Kamath calls Indian banking system the best in 50 years

Rediff.com14 Mar 2024

'I don't think we have ever seen such alignment of everything that we need in the banking sector.'

'Small finance banks need to build all product ranges'

'Small finance banks need to build all product ranges'

Rediff.com15 Mar 2024

'You cannot have only one product or one market or one customer segment.'

IT firms may report muted Q4 growth, eyes on FY25 guidance

IT firms may report muted Q4 growth, eyes on FY25 guidance

Rediff.com10 Apr 2024

With the last quarter of 2023-24 (FY24) expected to have been soft owing to lower discretionary spend and macro uncertainty, many are hoping FY25 will be a year of recovery for the information-technology (IT) industry. The fourth quarter, January-March, is considered soft, and will continue to see the headwinds the sector has been facing. And the sector has entered the new financial year on a weak footing. Analysts are expecting Tier-I firms to report sequential growth of -1 per cent to 1.5 per cent and midcap players' growth may range between 0.7 per cent and 4 per cent.

'You are ruining an entire generation'

'You are ruining an entire generation'

Rediff.com13 Mar 2024

'We are calling companies to set up assembly plants for mobile phones while all the components are imported.' 'Only the last turn of the screwdriver is done here. And you call it self-reliance, Atmanirbharta, etc.' 'Unless you invest in research, you will not climb up the ladder. But this government is happy getting sub-contract work.'

Voters Prefer Strong Leaders Like Modi

Voters Prefer Strong Leaders Like Modi

Rediff.com18 Apr 2024

...Even if it means less democracy, so that their everyday problems get solved? argues R Jagannathan.

UCC Can Wait, Personal Law Reforms Can't

UCC Can Wait, Personal Law Reforms Can't

Rediff.com8 Aug 2024

Crucial reforms in Muslim personal law, especially laws related to inheritance and adoption, need to be initiated forthwith; historically speaking, without the State's backing, hardly has any reform taken place or allowed to prevail, asserts Mohammad Sajjad.

Abhijit Banerjee, 2nd Presidency alumni to win Nobel in Economics

Abhijit Banerjee, 2nd Presidency alumni to win Nobel in Economics

Rediff.com14 Oct 2019

Amartya Sen was the other Presidency alumni to win the Economics Nobel. Banerjee won the 2019 Nobel Economics Prize along with two others - his wife Esther Duflo and Michael Kremer on Monday "for their experimental approach to alleviating global poverty."

'Shocking That PM Gave Investing Advice'

'Shocking That PM Gave Investing Advice'

Rediff.com7 Jun 2024

'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'

Time to speak up: What women want from elections

Time to speak up: What women want from elections

Rediff.com20 Mar 2024

Ahead of the upcoming elections, political parties have started announcing incentives to benefit women, but what do women truly seek for genuine gender parity, asks Nivedita Mookerji.

6 important economic lessons of coronavirus

6 important economic lessons of coronavirus

Rediff.com13 Mar 2020

'The coronavirus epidemic highlights the need to start thinking more actively about multilateral coordination, including, but not confined to, health emergencies and climate uncertainties,' says Rathin Roy.

'Hard To Ignore India As Investment Opportunity'

'Hard To Ignore India As Investment Opportunity'

Rediff.com29 Sep 2023

'The assessment of most people is that there is a stable economic and political environment in India and that is attractive to investors.'

'Ram Mandir Is With 2024 Election In Mind'

'Ram Mandir Is With 2024 Election In Mind'

Rediff.com24 Jan 2024

'We should not underestimate the power of Hindutva.'

It is a world very much of double standards: EAM Jaishankar

It is a world very much of double standards: EAM Jaishankar

Rediff.com24 Sep 2023

There is a growing sentiment in the world and the global South in a way embodies it. But there's also political resistance, he said.

Govt to unveil extensive economic data related to health on Monday

Govt to unveil extensive economic data related to health on Monday

Rediff.com26 Nov 2021

On the heels of the National Family Health Survey-5 (NFHS-5), which revealed new demographic trajectories including the replacement level of fertility, the government will, on Monday, unveil extensive economic data related to health and the broader economy. New data will relate to per capita spending on health and proportions of the GDP to health spending. Health ministry sources said the NFHS-5 marked some areas for celebration but also some markers that should cause concern.

Who Can Dethrone The US Dollar?

Who Can Dethrone The US Dollar?

Rediff.com24 Jul 2023

Policymakers should aspire to restore the pre-Independence environment where the rupee was trusted and used all over South Asia, in Southeast Asia, in West Asia, and in East Africa, suggests Ajay Shah.

Why RBI Was Worried About Consumer Credit Growth

Why RBI Was Worried About Consumer Credit Growth

Rediff.com13 Mar 2024

The banking regulator was uncomfortable with the runaway pace at which consumer credit was growing.

Free Divestment From Finance Ministry

Free Divestment From Finance Ministry

Rediff.com21 Mar 2024

The new government that presents the full Budget for 2024-2025 in July should be ready to restructure the way divestment is managed and implemented, proposes A K Bhattacharya.

The Star Gazer Stars At TIME Gala

The Star Gazer Stars At TIME Gala

Rediff.com26 Apr 2024

At this year's TIME ball in New York City on Thursday, April 25, you would have run into a Coimbatore-born American scientist, looking lovely in Sabyasachi Mukherjee designer finery, who would most likely have been hanging out with Dua Lipa.

'I hope Dr Urjit Patel thinks beyond continuity'

'I hope Dr Urjit Patel thinks beyond continuity'

Rediff.com26 Aug 2016

'When a soldier becomes a king, he better be a king. He should now just forget the past and move beyond continuity. He should catch the potential of India's moment and play a leader's role,' says Vallabh Bhansali of Enam Group.

Will AI Reduce Working Hours?

Will AI Reduce Working Hours?

Rediff.com24 Nov 2023

In 1930, John Maynard Keynes predicted that by 2030 technology would be so advanced that three hours of work per day would suffice. Has AI brought about the transformation that Keynes predicted, asks Atanu Biswas.