Ongoing Economic Distress: UNMISTAKABLE SINKING FEELING…

Ongoing Economic Distress UNMISTAKABLE SINKING FEELING By Proloy Bagchi New Delhi, April 05 : Even as a layman uninitiated in economics I get an unmistakable sinking feeling, the same which I used to get during the days of our pseudo-socialism....

India’s growth rate slips to 5%, lowest in a decade

New Delhi, Feb 08 : India’s economic growth forecast at 5% for the fiscal year ended March this year is perhaps the lowest in a decade for a country once thought to bail out the world from recessionary trends along with China. As it is foreign investments...

Lowest Household Savings: SIGNAL OF DEEPER CRISIS…

Lowest household savings SIGNAL OF DEEPER CRISIS By Shivaji Sarkar New Delhi, Sept 06 : The country is moving from problem to problem. While the GDP growth is thawing, inflation is becoming unmanageable and fresh jobs are disappearing. Now, with the lowest...

GDP growth at 6.1 percent in December quarter

New Delhi, Feb 29 : India’s economy has logged its slowest pace of quarterly expansion in the recent past, with gross domestic product (GDP) rising by a mere 6.1 percent in the quarter ended December, official data showed Wednesday. The economy...

Subsidy Story: TIME FOR ‘OUT OF BOX’ APPROACH…

Subsidy Story TIME FOR ‘OUT OF BOX’ APPROACH By Shivaji Sarkar New Delhi, Feb 16 : An endless debate going on for decades is whether subsidies should be cut or not. The undeniable fact, which even the Finance Ministry admits is that in the name of...