Saluting P V Narasimha Rao For 1991!

It is thanks to the policy of liberalisation conceived by Manmohan Singh and enforced by P V Narasimha Rao that the Indian economy has now become the world's 5th largest economy by nominal GDP,......

Hamas War Is An Immediate Setback To India

India is one of the few countries in the region that enjoys good relations with both Israel and Saudi Arabia, and IMEC would allow it to recreate the old Spice Route to Europe.All this is in......

If Inflation Is Here, Can Social Conflict Be Behind?

For all its claims to economic glory, the majority of India's population lives vulnerable lives, a situation that has only worsened over the past 15 years, to the extent that the government now......

British Indian ex-minister Alok Sharma knighted; 30 more PIOs to be honoured

Alok Sharma, an Indian-origin former UK minister, has been knighted for his contribution to combatting climate change through his leadership at the COP26 summit by King Charles III in his first New......

What experts say about interim Budget 2024

Following are comments from economists at leading financial institutions, banks and rating agencies on the interim Budget: Illustration: Uttam Ghosh/Rediff.com Abheek Barua, Chief Economist, HDFC......

GDP Numbers: Fragile, Handle With Care!

Even if no statistical jugglery is afoot, only to warn that the 'noise' in the numbers should be eliminated in order to hear the underlying music, without distortion, warns T N Ninan. IMAGE: A......

Banking liquidity deficit highest in over 3 years

The banking system neared Rs 1.47 trillion of liquidity deficit on Monday, the highest since January 29, 2020, when the banking system liquidity deficit went up to Rs 3 trillion. Illustration:......

Investment growth comes up short despite govt's capex push

Investment growth moderated slightly in the economy during the first quarter (Q1) of the current financial year (2023-24, or FY24), notwithstanding the front-loading of capital expenditure (capex)......