-Livemint.com The trajectory of wealth concentration in the country, not just the levels of recently estimated inequality, is important A flurry of estimates regarding Indian inequality have captured public interest recently. Whether one believes the wealth inequality numbers presented by Credit Suisse or the distributional income accounts by Lucas Chancel and Thomas Piketty, evidence seems to state that India has high economic disparities. But inequality is to be expected in a developing...
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A small sum is all it takes to be a 'published author' -Mohit M Rao
-The Hindu ‘16% publishers agree to attach names to a paper without any research work’ For as much as Rs. 20,000, any “researcher” can become a published author in predatory journals. Pravin Bolshete, a medical researcher from Mumbai, decided to delve into the world of “predatory journals” — those that charge authors for publications in journals without due scientific process — and if the name of an author could be attached to a...
More »Himanshu, an associate professor in economics at Delhi's Jawaharlal Nehru University, interviewed by Nitin Sethi (Scroll.in)
-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
More »All three extreme events and the cause common
-The Telegraph New Delhi: The bouts of rainfall that battered Houston, Mumbai and Calcutta last week, albeit in vastly different amounts, may earn tags of extreme rain events that weather scientists say are becoming more common under the influence of global warming. The tropical storm Harvey set a record for continental US with 132cm rainfall about 45km southeast of Houston on August 29. Mumbai's Santa Cruz weather station documented 31cm rain over...
More »Raghuram Rajan breaks silence, says he wasn't on board for demonetisation -Rajesh Mahapatra
-Hindustan Times Raghuram Rajan makes the disclosure in his latest book -- I do what I do – which is a compilation of speeches he delivered on a wide range of issues as the RBI governor. Former RBI governor Raghuram Rajan has revealed that he did not favour demonetisation as he felt the short term economic costs associated with such a disruptive decision would outweigh any longer term benefits from it. Rajan...
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