-Hindustan Times In its South Asia Economic Focus report released on Thursday, the World Bank said, “The spillovers from the Russia-Ukraine war and global monetary policy tightening will continue to weigh on India’s economic outlook.” The World Bank on Thursday downgraded India's GDP or gross domestic product to 6.5% for the fiscal year 2022-23 from an earlier estimate of 7.5%. In the previous year, the Indian economy grew by 8.7%. In its South...
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Mahindra tractor sales hit a high of 47,100 units in September
-The Hindu Exports were up 26 per cent at 1,613 units Mahindra and Mahindra Ltd’s Farm Equipment Sector (FES), a part of the Mahindra group, said tractor sales hit a high of 47,100 units in September 2022, as against 39.053 units in September 2021. This represented a 21 per cent year-on-year Growth. “This is our highest ever sales in a month. With the Kharif crop harvest starting soon and crop prices holding firm,...
More »Understanding the Durga Puja economy -Atanu Biswas
-The Hindu Brisker Puja sales may not implicate a better economic climate in West Bengal There is added enthusiasm in the celebration of Kolkata’s Durga Puja after its inclusion as the 14th entry from India in UNESCO’s ‘Representative List of Intangible Cultural Heritage of Humanity’ last December. But like most major festivals, Durga Puja is not just a cultural extravaganza; it is an economic lifeline for West Bengal. But do we have reasons...
More »A data scientist shows how South India is outperforming the rest of the country in almost all fields -Nilakantan RS
-Scroll.in An excerpt from ‘South vs North: India’s Great Divide’, by Nilakantan RS. India’s states are unlike each other in the extreme. Haryana, one of India’s richest states, is six times richer than Bihar. In the years shortly after Independence, West Bengal was richer than most other large states in India when measured on a per capita income basis. Maharashtra, Punjab and Gujarat were close behind. In the last six decades, though,...
More »After the floods, Bengaluru needs to clean up its act -TR Raghunandan
-The Hindu Everybody has a favourite villain to blame, yet the herd of restive elephants in the room is led by a particularly malevolent matriarch — corruption The floods have abated in Bengaluru. As individuals struggle to clean their houses, the silt on the roads left behind by the receding water — now a fine dust that flies in the air choking us — is a reminder of those difficult times. Various analyses...
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