India houses the largest absolute number of people living below the poverty line in the world. Yet, India has stopped counting its poor from 2011-12. The 75th Consumer Expenditure Survey done in 2017-...

Growth anxiety remains high in spite of the fact that infections are down, activities are resuming and the economy contracted less than expected last year (-7.3 per cent). Backsliding demand is one re...

The World Bank on Tuesday slashed its 2021-22 GDP growth forecast for the Indian economy to 8.3 per cent from 10.1 per cent estimated in April, saying economic recovery is being hampered by the devast...

Gujarat recently experienced the most powerful cyclonic storm after 1998. Cyclone Tauktae caused widespread destruction of private and public assets, uprooting electricity poles and trees, damaging ag...

The world of economics silently celebrated the 75th death anniversary of Lord John Maynard Keynes on April 21, 2021. On this day, Keynes passed away in Tilton, Sussex in 1946. Keynes — born on J...

Much before India’s health infrastructure and economy could even begin to recover, the second wave of Covid-19 came like a tsunami, exposing a callous, unprepared government that put the lives o...

The World Bank commodity price outlook report has indicated that 2021 will be a bull run for all commodities in general, after which there will be tapering down in 2022. Gold will be an exception, wh...

The IMF on Tuesday projected an impressive 12.5 per cent growth rate for India in 2021, stronger than that of China, the only major economy to have a positive growth rate last year during the Covid-19...

India’s economy has bounced back amazingly from the Covid-19 pandemic and the nationwide lockdown over the last one year, but it is not out of the woods yet, the World Bank has said. In its lat...

In a recent report, the Pew Research Center in the United States of America found that India has experienced a deep impact of the coronavirus-related economic recession during 2020. According to the r...