Indian economy, Economy

India must adopt a focused approach in the coming years to achieve Viksit Bharat by 2047. Achieving 8-10% growth is possible with coordinated, growth-focused policies at both central and state levels

How India can achieve rapid growth to achieve 'Viksit Bharat 2047' goal?

Business Standard

Book review of 'From Lehman to Demonetization'

A nifty recap of banking

In India, gold has a unique position for Hindus as the sacredness of the metal goes back to the start of creation

The eternal gold rush

A transparent and scientific way of computing farm losses and a time-bound compensation mechanism can make farmers feel more confident and discourage them from treading the suicidal path

Charan Singh & C L Dadhich: A safer future for the Indian farmer

Social sector obligations are only part of the problem; the extreme inefficiencies in credit and recovery mechanisms remain the bigger issues, especially when compared with private sector competitors

Charan Singh: Why are NPAs higher in public sector banks?

Using a western-assembled model in haste could prove economically and socially counterproductive for India

Charan Singh: Inflation targeting - What's the hurry?

This book is an excellent treatise on finance, seamlessly blending the discussion from Lenin to the principles of modern finance. In keeping with the recent trend of remixing old songs and themes in Bollywood, the book does an excellent job of updating the 17 published articles that cover nearly half a century until March 2013.Sunanda Sen has been successful in revealing the darker side of global finance. The book, though written with much conviction, is dense and difficult to read. But the persistent reader is rewarded with extensive knowledge of national and international finance.Ms Sen takes an alternative view of modern instruments of finance, mainly through the lens of output and labour. To illustrate her point, she observes that derivatives were invented with the tacit connivance of the authorities. She also argues that labour-displacing technology is responsible for many woes of the advanced and developing countries. She even cautions that financial reforms instituted by interna

The lows of high finance

Demographics are the missing link in inflation, interest rates and growth

Charan Singh: How monetary policy can help India regain its youth

Utilising such investments to stabilise the economy is a bit like offering a military base to another country

Charan Singh: Why India should steer clear of sovereign wealth funds

Angus Deaton takes the reader on a fascinating journey on health and inequality starting about 250 years ago

Progress and inequality

The global economy grew slowly at 3.2 per cent in 2012 as compared to 3.9 per cent in 2011, and is projected to grow by 3.5 per cent in 2013, according to the International Monetary Fund (IMF&rsquo;s) most recent update to the World Economic Outlook (WEO) in October 2012. The growth rates for 2013 in most of the countries, both advanced and major emerging, have been revised downwards from the projections made in October 2012. The growth rates for many countries in the euro area and the US have