-The Hindu Business Line/ NetworkIdeas.org In recent years, when the economy as a whole performed poorly, reports on how old and new businesspersons accumulated huge volumes of wealth in short timespans have been commonplace. There is also evidence that conspicuous consumption is on the rise. This has led observers to conclude that income and wealth inequality in India has increased. Hard evidence on the extent of that increase is difficult to...

-TheWire.in Today, fuel PRIces are at an all-time high. Once the genie of inflation is out of the bottle, as it does once in a decade or so, no amount of narrative spinning by the Modi government will work. This year is likely to herald the return of global inflation in ways not seen in the past 20 years. We have witnessed inflation remaining rather subdued from the beginning of this century....

-Livemint.com Early adopters claim higher yields and low cultivation costs. But scientific validation is awaited Government can keep fertilizer subsidies in check. The fertilizer subsidy bill, driven by a spike in natural gas and other raw material PRIces, is set to touch a staggering ₹1.3 trillion in 2021-22 Life is what happens when you’re busy making other plans. Or so it happened to KV Homendra. At 23, he went for a degree in...

-Newsclick.in Through “nationalised banks-NBFC” deals, the Modi government is trying to achieve what the three farm laws could not achieve. In colonial times, the peasantry had to borrow from PRIvate moneylenders. According to Provincial Banking Enquiry Committee reports, these moneylenders in turn borrowed from commercial banks. But while disbursing credit to the peasants and charging exorbitant interest rates, the money lenders at least bore the whole of the lender’s risk. The banks...

-PTI/ The New Indian Express PRIvate offices have also been asked to rationalize the number of employees coming to work by allowing work from home and staggering working hours. MUMBAI: Tightening restrictions in the face of surging COVID-19 cases, the Maharashtra Government on Saturday prohibited movement in public in groups of five or more from 5 in the morning to 11 at night, effective January 10 midnight. Further, no movement will be allowed...