Economy and Business

More on Economy and Business

Let farmers live, don’t do a ‘Russian scissors’ on them

Recalling the Russian scissors policy of the 1920s, where agriculture prices slumped while industrial ones rose dramatically, seems more than a bit odd since, in India, food inflation is rising at a faster pace than in industrial goods.

The troika of India's economic troubles

Consumer prices in India went up to 5.77 per cent year-on-year in June, accelerating for the third straight month and reaching the highest since August 2014. Figures came above market expectations of 5.73 per cent due to high food cost.   

Reshaping India’s trade policy

Selective reduction in import duties will lead to optimum benefits with respect to foreign investment and trade pacts.

How the economy found its feet,

It is 25 years since July 1991, etched in memories as a watershed, when economic liberalisation began life in India. The story starts earlier. I lived through that era as Chief Economic Adviser to three successive governments in a span of two years marked by economic crises and political uncertainties.

  It is 25 years since July 1991, etched in memories as a watershed, when economic liberalisation began life in India. The story starts earlier. I lived through that era as Chief Economic Adviser to three successive governments in a span of two years marked by economic crises and political uncertainties.  
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Sikkim shines; receives FAO award for becoming world's first organic state

Sikkim Chief Minister Pawan Kumar Chamling received the UN Food and Agriculture Organisation's (FAO) prestigious Future Policy Gold Award from its Deputy Director Maria Helena Semedo, who commended the Himalayan state for setting an example to the world by becoming the first totally organic state.

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China backs Pakistan's request for IMF assistance

China has endorsed Pakistan’s request to the IMF for a bailout package, but cautioned that it should not affect economic cooperation between Islamabad and Beijing.

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