A rate cut may have to wait. And the broad economy is not doing too well, either. Also, we have a lot on our hands if we set out to make India a more technologically innovative country
Tamal Bandyopadhyay says: The growth-inflation dynamics are shifting gradually but the Reserve Bank of India may not be in a hurry to act on the interest rate.
Ajit Balakrishnan explores why India, with its abundance of talent, is not coming up to scratch in innovation.
Debashis Basu: Radical transformation has three markers. One is farm-sector reforms, which would lead to a high rural surplus. The second is double-digit growth in manufacturing for years together. And the third is trade surplus from higher value-added products. Have we even taken the first step on our journey towards any of these goals?
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