Economy and Business

IMF cuts India's growth projection, but it still retains world's top spot

The International Monetary Fund (IMF) cut India's growth projections for this fiscal year to 7.3 per cent and for the next to 7.5 per cent on Monday, although the country will still retain its top spot in the global growth league.

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The great Indian disagreement on demonetisation, GST: Why economists are split

Over the past few weeks, a ferocious disagreement has raged between several Indian economists. The heart of the matter concerns the impacts of demonetisation and the goods and services tax (GST) on India’s broader economy. Let me be clear that I use the word disagreement rather than debate advisedly.

The coming shift: Changes in automobile technology will radically re-engineer the way we travel

The internal combustion engine brought about a radical lifestyle shift in the 20th century.

Food for reform

Extreme volatility in the prices of some food commodities has, in recent years, been hurting producers as well as consumers, while also disrupting certain economic activities.

Ignore the Cassandras

Whether you impersonate Mahabharata characters Bhishma Pitamah or Yudhishtira, or Chanakya of the Mauryan era, can you tell your army or people that “everything has been lost, the country is drowning, and, all that is left before us is bleak and dark?”

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In northeast India, water-management practices to deal with climate change

In a small village on the north bank of the Brahmaputra in Assam in northeast India, farmer Horen Nath stood gazing at his partially submerged paddy field. The floods had kept their annual date but mercifully, the farmer said, the waters have started receding. "The weather has become very strange of late. We always had ample rain,

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IMF cuts India's growth projection, but it still retains world's top spot

The International Monetary Fund (IMF) cut India's growth projections for this fiscal year to 7.3 per cent and for the next to 7.5 per cent on Monday, although the country will still retain i...

Read more...