Raghuram G Rajan, professor of finance at Indian School of Business, Hyderabad, has won the Fischer Black prize instituted by the American Finance Association.
'Modi is trying avenues to convince people why they should vote for the BJP.'
Development economist Jean Dreze said the Indian democracy is currently navigating a crisis that is not only limited to the 'recent wave of authoritarianism' but also suppression of opposition voices by the ruling Bharatiya Janata Party.
Indian Institute of Management Bangalore is offering special digital courses taught by their professors.
The winners will split an eight million Swedish kronor (USD 924,000) award funded by the Swedish central bank.
Deaton was at a loss when asked what the future held.
'While not everyone may be pleased with a NEET retest judgment, it would restore fairness and integrity to the process, giving all students an equal opportunity based on merit.' 'This decision would correct the injustices faced by deserving students who were disadvantaged by the initial compromised exam'
In a four-part series beginning today, Arthur J Pais profiles economist Raj Chetty, winner of the MacArthur Foundation Fellowship, nicknamed the 'genius grant'. Chetty says he hopes his research will help lower income children in India and the United States of America.
As per the Economic Survey for 2013-14, India's gross domestic product growth rate will improve to 5.4-5.9 per cent in the current fiscal after remaining at sub-5 per cent level for past two years.
The days of anti-reform, anti-growth advisers that undermined our economy in the UPA-II years will now be strictly behind us: Bhagwati
Direct cash transfers or food coupons should be used to provide services to the poor, says Farzana Afridi.
'Dynastic politics has become a tool of convenience for political parties. The BJP does not hesitate to accept it when it comes to its own alliance or party candidates. The same goes for the others.'
A remarkable story which helped in transforming a bureaucratic organization, to a customer centric organization. This experience may inspire several government / private organizations to modify or adopt digitisation to transform their business, notes Professor N Ravichandran (retd).
Indian economy, dubbed the fastest growing major economy in the world, is faced with the single most important pressure point of job creation, says former RBI Governor Raghuram G Ranjan as he makes a strong case for improvement of human capital through skill development. Talking about the book 'Breaking the mould: Reimagining India's economic future', written jointly by him and Rohit Lamba, assistant professor of economics at Pennsylvania State University, Rajan said one of the greatest strength of India is its human capital of 1.4 billion and the question is "how do you make it strong?" The nation needs to create jobs at every level going along the path of development, said Rajan, presently Katherine Dusak Miller Distinguished Service Professor of Finance at Chicago Booth, USA.
Nordhaus, a professor at Yale University, is best known for his work on climate economics. Romer, of New York University's Stern School of Business, is a proponent of a theory that examines how the world can achieve sustainable growth.
Regulators must learn from past mistakes and act swiftly to prevent Big Tech from monopolising the AI ecosystem, argue Payal Malik and Nikita Jain.
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.
Balakrishnan, a full professor in the economics department who joined the private university in 2015, on Saturday wrote to Ashoka University Chancellor Rudrangshu Mukherjee and board of trustees chairperson Pramath Raj Sinha explaining his reasons for his resignation.
The speech he gave in which he accused the Congress of getting black money in tempos from Ambani and Adani is remarkable.' 'It is a self-goal for sure, but indicates someone who has lost control, someone who is rattled.'
While movie stars like Akshay Kumar, Amitabh Bachchan and Salman Khan are among the top I-T payers, very few of the wealthiest Indians figure on the list.
The state's joblessness is three times higher than the national average of 7.8 per cent.
"Indian slums are incredibly productive," said Saumitra Jha, assistant professor of Political Economy at the Stanford Graduate School of Business.
Much better films about the explosive -- if often misdirected -- energy of the young have been made before than Dange, points out Deepa Gahlot.
At this poignant historic moment one can only wish that institutions are not built by bricks and mortars, but also by the rich Parliamentary traditions which have stood the test of time which needs to be strengthened by all stakeholders, notes Rup Narayan Das, a former joint secretary of the Lok Sabha Secretariat.
'If such a practice were feasible, every state would seek additional funds, posing a significant risk to the overall health of the economy.'
Sharma was the president of the conference, the first since the Paris Agreement of COP21 that expected parties to make enhanced commitments towards mitigating climate change.
'In today's India very few would, of course, stand Basavanna's test. This led Professor Kalburgi to not only take on casteist and conservative forces in general, but also some powerful conservatives among Lingayats.' 'Conservatives found him polarising and some researchers disagreed with his speculations while admiring his scholarship, but he posited that culture studies and historians have to perforce join the dots, speculate, interpret, interpolate, extrapolate and take leaps to make progress even if some of them later turn out to be wrong.' Shivanand Kanavi salutes Professor M M Kalburgi, the scholar who was assassinated in Dharwad on Sunday, August 30.
'The real lifting of the economy will happen only if this momentum sustains in the coming months.'
'We are going to have a recession this year, maybe next year too...'
In 1968, Sveriges Riksbank (Sweden's central bank) established The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
Nirmalya Kumar discusses innovation happening in India, marketing tools and stalled reforms in an interview with Faisal Kidwai.
'Make in India' could suffer the same fate as did privatisation and the command economy, says Ajit Balakrishnan.
'We can save 70 patients out of 100, if they reach a hospital well within time.' 'The most crucial aspect is time.'
Currently Chairman of the President's Council of Economic Advisers, Krueger plans to return to his position as Bendheim Professor of Economics and Public Affairs at Princeton University at the end of the summer.
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."
The Indian economy will grow at around 6.5 per cent in the current fiscal, notwithstanding high crude oil prices and increased uncertainty due climate changes, NITI Aayog member Arvind Virmani said on Thursday. Virmani also asserted that the gross household savings ratio in India has consistently gone up. In an interview with PTI, he said: "My growth projection (of India's GDP growth) is 6.5 per cent plus minus 0.5 per cent... because my experience is that the fluctuations in global GDP more or less has balanced out for us, assuming normal changes."
They discussed at length India's rapid progress in the space sector, including various space exploration missions being undertaken by India, the Ministry of External Affairs said in a press release.
Prime Minister Narendra Modi has met leading American economist Paul Romer, investor and co-founder of hedge fund, Bridgewater Associates Ray Dalio, and other eminent thought leaders and exchanged views with them and briefed them about the reform trajectory of his government to foster economic growth. Prime Minister Modi is in New York on the first leg of his maiden state visit to the US at the invitation of President Joe Biden. Modi and Romer held discussions on India's digital journey, including the use of Aadhaar and innovative tools like Digilocker.
'All of Indira Gandhi's bad economic ideas are being strengthened, from nationalised banks to anti-poverty, handout yojanas,' says Shekhar Gupta.
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