China-India

By: Jagdish Rattanani
Category: Common citizen, Governance, Inequality, Taxes, China-India, Global, RBI, Jobs, India politics, Indian economy, Inclusive growth, GST
In his own strident way, never giving an inch and always straining to milk dry the argument for his side, Finance Minister Arun Jaitley has summed up the frivolousness of the debate on GDP growth rates. The Minister wrote in his blog: “Data based on facts and on the best global practices is... read more
By: Ajit Ranade
Category: Common citizen, Governance, Inequality, Taxes, China-India, Global, Jobs, India politics, Indian economy
The midterm elections in the United States are a significant barometer of the voters’ perception on the President’s performance. They occur exactly at the mid-point of the four-year term and hence are a useful input to predict the outcome of the presidential election coming up in the next two years...
By: Ajit Ranade
Category: Common citizen, Taxes, China-India, Global, RBI, India politics, Indian economy, GST
The big news this week was on two key prices. One is the price of the almighty dollar, and the other is the price of petrol (or diesel). These two are the most important price signals in the economy. And both are of imported items. India has a huge shortage of oil since domestic supplies meet... read more
By: Ajit Ranade
Category: Common citizen, Taxes, China-India, Global, RBI, Jobs, India politics, Indian economy, GST
On August 31, it reported that India’s GDP growth rate for the April to June quarter was a solid 8.2 percent, well past the psychological level of 8. This was the highest growth rate recorded in the past nine quarters and makes for some good news on the economic front. Growth was much higher than... read more
By: Ajit Ranade
Category: Common citizen, Sustainability, Taxes, China-India, Global, RBI, Jobs, India politics, Indian economy, Inclusive growth
In the medium to long term, the rupee will always depreciate against the dollar. The reason for this is that the rupee loses purchasing power domestically, due to inflation. At 5 percent inflation, 100 rupees reduces to 95 rupees value at the end of the year. So naturally the international value of... read more
By: Arun Maira
Category: Common citizen, Governance, Inequality, Sustainability, Taxes, China-India, Global, Jobs, India politics, Indian economy, Inclusive growth
There are great expectations about the growth in the size of the Indian economy: that it has already exceeded the size of France’s economy, and that very soon it will exceed the size of the economy of the UK. An interesting question is, what shape will the Indian economy have in the future? What... read more
By: Ajit Ranade
Category: Common citizen, Governance, Sustainability, Taxes, China-India, Global, RBI, Jobs, India politics, Indian economy, GST
The Standing Committee on Energy in its thirty-seventh report to the Lok Sabha said that there are 40,000 megawatts of power projects which are under financial stress. These are on the brink of becoming non-performing assets, and may have to go through bankruptcy. This represents more than 10... read more
By: Ajit Ranade
Category: Common citizen, Governance, Taxes, China-India, Global, RBI, Jobs, India politics, Indian economy, GST
The two reports serve to highlight macroeconomic concerns as we head into an election year. Consider some of the challenges. The Consumer Price Index (CPI)-based inflation is now at 5 per cent. This is already showing an upward momentum, especially in non-food prices, which include education and... read more
By: Ajit Ranade
Category: Common citizen, Governance, Inequality, Sustainability, Taxes, China-India, Global, RBI, Jobs, India politics, Indian economy, Inclusive growth
A recent report from the globally renowned Brookings Institution shows a dramatic reduction of poverty in India. As of May 2018, India has 73 million people living in extreme poverty, as against 87 million in Nigeria. For the first time, India does not house the maximum number of extremely poor... read more
By: Ranjit K Pattnaik, By: Jagdish Rattanani
Category: Inequality, Taxes, China-India, Global, Jobs, India politics, Indian economy, GST
We are on the edge of a full-fledged trade war. The U.S. has raised tariffs, China is hitting back and businesses are watching worriedly as tensions rise and uncertainty grips the market. Amid this flexing of muscles comes a story from a place in the U.S. State of Missouri called Butler County,... read more

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