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Economy and Business

The script was altered for the second time in two months but with far greater impact. Soon after Prime Minister Narendra Modi promised far-reaching changes to simplify the goods and services tax regime, especially for small businesses and consumers, the GST Council delivered some relief measures on Friday.


The World Bank’s latest ‘Ease of Doing Business’ rankings have come at the right time for Indian Prime Minister Narendra Modi since, in recent months, he has been widely criticized for his mismanagement of the Indian economy (especially the implementation of the Goods and Services Tax (GST), confusion with regard to multiple rates and the failure of demonetization to achieve its stated goals).


In its own coded and diplomatic style, the World Bank has warned that the government’s growth story is now at risk given the scale of the macroeconomic imbalances growing within it.


A year after Prime Minister Narendra Modi announced the ban on Rs 1000 and Rs 500 old banknotes, his government described demonetisation as a historic and multi-dimensional success.


Revolutions are often paradoxical things. In the minds of the revolutionary, they conjure up images of radical change. But reality is more recalcitrant. It makes a fool of the revolutionary, exacerbating those very things that the revolution seeks to change. 


A young person at a recent job fair in Uttar Pradesh told me “Paanch hazaar ki naukri toh hum sab ke paas hai; hum barah hazaar ki naukri ke liye aaye hain” (we all have jobs at Rs 5,000; all of us came for jobs that pay Rs 12,000).


Lauding India's increasing per capita income, World Bank CEO Kristalina Georgieva on Saturday said she has no doubt that India will be a high-middle income country by 2047 when it completes its centenary year of independence.


India has no dearth of regulators, elaborate regulatory frameworks or institutional or constitutional watchdogs to detect and prevent frauds.


There can be an entire book of apocrypha based on what John Maynard Keynes is supposed to have written or said. On one occasion, Lord Keynes was reportedly asked, "How is your wife?" He replied, "Compared to whose wife?" Despite his marriage to Lydia Lopokova, given his proclivities, both the question and answer are unlikely.


India’s performance in the World Bank’s annual ease of doing business global ranking has shown remarkable improvement, which deserves to be celebrated.


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spotlight image Sergio Arispe Barrientos, Ambassador of  Bolivia to India is, at 37, the youngest head of mission in New Delhi. Only the second envoy from his country to India, Barrientos, who presented his credentials to the Indian President last month, feels he has arrived at a propitious time, when India’s focus is on so
On February 15, 2017 Indian Space Research Organisation’s (ISRO) Polar Satellite Launch Vehicle (PSLV-C37) successfully launched the 714 kg Cartosat-2 series satellite along with 103 co-passenger satellites from Satish Dhawan Space Centre, Sriharikota. 12 minutes later, writes Anil Bhat
While most Indians were observing recent domestic political developments; with surprise defeats for the ruling BJP in its pocket boroughs and a likelihood of the opposition uniting against the Party for the 2019 national elections, writes Tridivesh Singh Maini
Indian Prime Minister Narendra Modi and Chinese President Xi Jinping on Tuesday talked over telephone and pledged to deepen bilateral ties and promote mutual trust, writes Gaurav Sharma 
Famous for its pursuit of Gross National Happiness, Bhutan has a new cause for joy: In recognition of its Gross National Income (GNI) growth and social development, the kingdom is poised to graduate from the UN category of the world's poorest known as the Least Developed Countries (LDC), writes Arul Louis
With a dire warning about the looming future of a waterless world, Indian spiritual leader Sadhguru Jaggi Vasudev made a plea for mobilising humanity to save the rivers of India and the world before it is too late, writes Arul Louis

While India has regained its position as the world’s fastest growing large economy – with the uptick in GDP expansion at 6.7% in Q3 of 2017-18 – sustaining it critically depend...


A recent novel "Radius 200" by author Veena Nagpal has two facts at the centre of the fictional narrative that she weaves. "Impending water scarcity and the very real danger of an Sino-Indian conflict over this precious resource,...


What is history? How does a land become a homeland? How are cultural identities formed? The Making of Early Kashmir explores these questions in relation to the birth of Kashmir and the discursive and material practices that shaped it up to the ...


A group of teenagers in a Karachi high school puts on a production of Arthur Miller’s The Crucible— and one goes missing. The incident sets off ripples through their already fraught education in lust and witches, and over the years ...


Title: Do We Not Bleed?: Reflections of a 21-st Century Pakistani; Author: Mehr Tarar; Publisher: Aleph Book Company; Pages: 240; Price: Rs 599


From antiquity, the Muslim faith has been plagued by the portrayal of Muslim men regularly misusing this perceived “right” to divorce their wives instantly by simply uttering “talaq” thrice.