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Donald Trump’s victory in the 2024 election – and his threat to impose tariffs on all imports to the United States – highlights an important problem for the global economy. The US is a technological powerhouse, spending more than any other country on research and development and winning more Nobel prizes in the last five…
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(The co-author, Bibek Debroy, passed away on November 1 at the age of 69. This is his last column for NDTV, which he submitted on October 21. His other columns can be found here) The Global Multidimensional Poverty Index (MPI) is a comprehensive tool developed by the Oxford Poverty and Human Development Initiative (OPHI) and…
Washington: India’s priority is not to impose its dominance but to enhance its influence, Union Finance Minister Nirmala Sitharaman has said, asserting that no country, whether the US or China, can ignore New Delhi today. Ms. Sitharaman made the remarks on Wednesday during a panel discussion on “Bretton Woods at 80: Priorities for the Next…
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“He didn’t even spare his co-founder. Everyone saw her mental and physical ordeal on her last day in November 2021 at the Vikhroli office.” “Wanting to prove himself like Elon Musk, X Founder buys 35% stake in a startup destined to become India’s Theranos.” “The founder has sold all startup assets to a company owned…
Read More “A Whistleblower Wave Is ‘Disrupting’ India’s Startup Scene” »
What is inflation? In simple terms, inflation refers to an increase in the price of goods and services over a period of time. To illustrate, if five chocolates cost Rs 10 in 2020 and if the price went up to Rs 15 in 2024, it simply means that the cost of chocolates has increased over…
As the dust settles on the proposals that the Finance Minister made in the Budget earlier this month, some aspects have become clearer while questions remain on others. Budget 2024-25 saw several initiatives around employment and skilling being proposed. Do these form a good first step in addressing the jobs challenge the country faces? Or…
Read More “Exploring the Key Highlights of the Union Budget 2024: Part 2 | In Focus podcast” »
Amid the final stretch of Lok Sabha elections, onion farmers in the key producing districts of Nashik are cast their votes under the cloud of economic distress and policy dissatisfaction. | Photo Credit: B. Jothi Ramalingam In India, the rise in the price of onions has reportedly been a factor that influenced the outcomes of…
Read More “The changing rules on onion export could impact election results: Data” »
President of Argentina, Javier Milei. File Argentina’s monthly inflation rate eased sharply to a single-digit rate in April for the first time in half a year, data released Tuesday showed, a closely watched indicator that bolsters President Javier Milei’s severe austerity program aimed at fixing the country’s troubled economy. Prices rose at a rate of…
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Bolstered by current and anticipated upticks in demand, manufacturers reported higher confidence levels with expectations of higher output a year ahead. File (Representational image) | Photo Credit: Reuters India’s manufacturing sector activity moderated slightly in April, but still witnessed the second-best improvement in operating conditions in three-and-a-half years, as per the seasonally adjusted HSBC India…
Revenues from domestic transactions grew 13.4%, the Finance Ministry said, while goods imports yielded an 8.3% uptick in the indirect tax collection. File | Photo Credit: K.V.S. Giri Year-end compliances lifted India’s gross Goods and Services Tax (GST) revenues past a record ₹2.1 lakh crore in April, reflecting a 12.4% growth over the previous record…
Read More “In fresh high, gross GST revenues shoot past ₹2.1 lakh crore in April” »