-Frontline.inJean Dreze is a well-known Indian economist working in the field of "development economics". Born in Belgium, he studied mathematical economics at the University of Essex and completed his PhD from the Indian Statistical Institute (New Delhi) in 1982.He has taught at the London School of Economics and the Delhi School of Economics and is currently visiting professor at Ranchi University as well as honorary professor at the Delhi School...
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Forex reserves fall most since 2011 -Kartik Goyal
-Livemint.com/ Bloomberg Foreign exchange reserves dropped by $5.14 billion in the seven days ended October 12, the biggest weekly decline since November 2011, as the RBI stepped up action to prop up the rupee Mumbai: India made the biggest dent in its foreign exchange reserves in seven years as the central bank stepped up action to prop up Asia’s worst-performing Currency. Reserves dropped by $5.14 billion in the seven days ended October 12,...
More »Wheat price up but 'not enough'
-The Telegraph The 6.1 per cent hike in the MSP is expected to disburse a cumulative additional income of Rs 62,635 crore. New Delhi: The Centre has increased the minimum support price for wheat, the main rabi crop, by Rs 105 to Rs 1,840 per quintal (100kg), a day after police clashed with farmers demanding a higher support price and loan waivers. The 6.1 per cent hike in the MSP is expected to...
More »Maitreesh Ghatak, Professor of Economics at London School of Economics, interviewed by Tathagata Bhattacharya (National Herald)
-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...
More »Returning torn Rs 200, Rs 2,000 notes may get only half their value! Here's what new RBI rules say
-BusinessToday.in The earlier rules for exchanging damaged Currency notes did not apply to Rs 200 and Rs 2,000, and the notes released under the Mahatma Gandhi series due to their smaller sizes. While exchanging a damaged Rs 2,000 or Rs 200 note, you may get nothing or only half their value in refund depending on how badly the note is mutilated or soiled. The Reserve Bank of India has amended its guidelines...
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