Need to build on 'flexibility' and 'agility' as strategic advantages, while being bolder and less risk-averse

India has been knocked off course by the pandemic and, as a result, the UK overtakes the country in this year's forecasts and stays ahead till 2024 before India takes over again, says a latest report by CEBR

Top-down reforms since the demonetisation of 2016 have already derailed the economy and brought misery to millions, yet the great zeal to do more of the same amidst protests from several segments of population demonstrate that the intent is far from public welfare

While government claims on tax compliance and GST collections paint a healthier picture of the economy, tax-to-GDP has fallen for two consecutive years and tax collections across the board in the first half of FY21 are nowhere close to FY20, indicating that trouble is far from over

Multiple factors are responsible for this; some are well-known, like data fudging and man-made disasters of demonetisation, GST, and stringent lockdown; others are lost sight of, like lack of institutional support and intellectual rigour and frivolous approach to serious crisis

Part II of this two-part article continues to relook at misadventures that derailed the Indian economy, threatening dreams of millions of \"aspirational\" Indians. Instead of a serious and meaningful debate, India continues to grapple with constant and systemic \"misdirection\" in multiple sense of the word

This is Part I of two-part article revisiting critical economic decisions that eventually led to minus 23.9% growth in Q1 of FY21. Blaming exogenous factors (pandemic) or intense lockdown is merely an excuse to divert attention from government's ineptitude and thwart meaningful debate

Gross mismanagement of the economy, starting with demonetisation in November 2016 and continued with untimely, unplanned and sudden nation-wide lockdown has compounded the GST problem. Centre's refusal to pay compensation to states now may derail it completely

Accusing the BJP and the RSS of making people fight with each other and spreading hatred, Gandhi asked the leaders and workers of his party to work for uniting the people

Why the sharp recovery and sustained run in stock markets is built on weak fundamentals. Despite the fall, they are trading at double the valuation of the 2008 Lehman crash

Experts believe there was already a visible turnaround in the pharma sector, both on the domestic as well as on the exports side even before any traces of COVID-19

Given its predominant role as a source of livelihood, the informal economy needs to be fixed first once the health crisis blows over. This would call for a series of long-neglected steps such as collecting comprehensive data on informal establishments and informal labour, benchmarking reasonable national minimum wage, providing comprehensive social security cover and reviving MSMEs

Subramanian explains how after the NBFC crisis, banks turned cautious and stopped lending to small businesses, leading to a major fall in credit flow from Rs 20-lakh crore in FY19 to 'virtually nothing' in current fiscal

The credibility of India's statistical system is at stake because of the commissions and omissions ever since the 2011-12 series was announced in January 2015 and continued through multiple revisions in GDP numbers until now that dent public confidence

In September quarter of financial year 2016-17, public cash was valued at Rs 16.56 lakh crore. The very next quarter, which saw Rs 500 and Rs 1,000 notes being banned, currency with public nosedived 47 per cent sequentially to 7.85 lakh crore

Pawar said the NDA government should take a lesson from former Prime Minister and Congress veteran Manmohan Singh on how to put the economy back on track

Sixteen CEOs and economists lay out a roadmap to revive the economy

An analysis of the impact of demonetisation - published by renowned economists in a working paper brought out by a US institution National Bureau of Economic Research (NBER) - shows that in modern India cash continues to serve an essential role in facilitating economic activities.

The 0.75 % discount on the value of fuel purchases using credit/debit cards and e-wallets was introduced in December 2016 and had continued for more than two-and-a-half years, straining oil marketing companies