How many hours of work does it take to buy a half a litre of beer at a retail outlet?
With America just a day away from electing a new president -- Donald Trump or Hillary Clinton -- nine polls show that Clinton is in charge of the race with just hours to go.
Whatever the claims about the new GDP numbers being technically superior to earlier estimates, their public credibility depends on their passing some reality checks, argues T N Ninan.
Global growth in wine consumption is being driven by demand in the United States, Russian and China.
Though Narendra Modi doesn't know it, he is a victim of this deep-rooted infection.
'But the world would be much poorer without economics' contribution to understanding how societies function and without economists' suggestions as to how politicians might improve them. 'And economists themselves could do wonders by simply incorporating the country-specific factors in their econometric models rather than just applying them in toto," say Soumya Kanti Ghosh and Samir K Jha.
Only few cities have excellent infrastructure, schools, healthcare, etc.
For his distinguished academic accomplishments, Arvind Panagariya was among the Indian Americans awarded with the Padma Bhushan by the Government of India this Republic Day. Arthur J Pais spoke to the economist about his amazing life story --from improverished childhood in Jaipur to the hallowed portals of Columbia University in New York.
While all real estate is local, not all property buyers are.
It was a 'turbulent year' for global oil markets.
Passwords are most insecure, says a study
Number of people travelling between Asia and North America, and between Asia and Europe grew by nine per cent from 2010 to 2011.
There is no doubt that competition is increasing the world over, but there are cities that are more competitive than others.
The rising prices of fossil fuels and the unreliability of alternative sources like solar and wind power means that the charms of nuclear power may still returns, thanks to improvements in safety and technology, says Dr K S Parthasarathy.
Let's take a look at GDP per person in 2011 and 2060 around the world, including India.
Organizations operating in multiple geographies, legal environments and cultures face a complex set of challenges and risks as they develop their business.
Uttar Pradesh's GDP per head is close to that of Kenya.
In the G20 countries, the Internet economy will grow at more than 10 per cent annually for the next five years.
Debroy is expected to have a role and responsibility similar to the erstwhile chairman of the Prime Minister's Economic Advisory Council
The deal did not include the FT Group's 50 per cent stake in The Economist magazine.
The passage of the Bankruptcy Code could set the stage for other important legislation that may see India undergo more economic change than all governments combined since the reforms implemented by P V Narasimha Rao in 1991-93, says Ben Merton.
Until recently, average incomes in advanced countries were increasing at much faster rates than in the rest of the world.
The continued rise in interest is a pressure on fiscal, but it is not an easy way out unless the government cuts back on populist measures and sticks to fiscal prudence as laid out in the FRBM, which the government missed for the second consecutive year.
According to the first-ever index of security of nuclear materials, India is among the last just above Iran, Pakistan and North Korea.
Take the Rediff Biz Quiz and find out how much you know about India and its topmost B-schools.\n\n
India's GDP would more than treble in dollar terms by 2021, be as big as a stagnant Japan's, and therefore poised to become the third largest economy in the world -- a decade ahead of the Goldman schedule.
The Bharatiya Janata Party on Thursday alleged that the hike in petrol prices was yet another act of "midnight deceit" by the UPA and insisted that the common man would not spare the dispensation led by the "economist" Prime Minister for its arrogance.
Mistry's intention of selling ailing steel maker Corus, Tata's so-called feather in the cap, was one reason for his ouster
The Modi government has handled inflation far better than any government in the past two decades. Both the stock market and currency indices have begun to show confidence in the economy, despite the mounting global headwinds of trade.
Craig Wright identified himself as Satoshi Nakamato, the pseudonym he says he created when launching the currency in 2009.
While cities from Canada and Australia hogged the limelight, there was not a single city from either the US or Asia among the top 10.
Refusing to buy Prime Minister Manmohan Singh's argument that his government is not "lameduck and comatose", Bharatiya Janata Party on Wednesday said the economist PM had failed to control prices, check corruption and take the opposition along on issues like the Lokpal Bill.
What does Nobel Laureate Abhijit Banerjee thinks about India's education sector?
The move may release funds locked in government securities and add to liquidity. With inflation expectations lowered, this should not impact bond sentiment in the short run
The Economist Intelligence Unit (EIU) ranked Singapore as the priciest ahead of Zurich, Hong Kong, Geneva and Paris.
China keeps most of its foreign reserves in the United States Government securities.
CNN is one of the handful of global media brands that have managed to harness the power of the internet. Just like The Guardian, The Economist or BBC, it started by investing time, effort and people into the business as early as the mid-1990s.
Speaking on the sidelines of a foundation stone laying ceremony of at Trishundi in Amethi, Home Minister Sushilkumar Shinde on Thursday disapproved of Bharatiya Janata Party Member of Parliament Chandan Mitra's demand of stripping economist Amartya Sen of the Bharat Ratna and went on to endorse the views of the Nobel laureate against Gujarat Chief Minister Narendra Modi.
Telecom Minister Ravi Shankar Prasad on Wednesday said they must offer good services to the customers if they want any help from the government.
From 1980 to 2014, the top 1 per cent captured 29 per cent of total growth, as much as the bottom 84 per cent put together.
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