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Questionable data, little room for exuberance -R Nagaraj

-The Hindu Using the latest quarterly estimates to point to an economic rebound seems flawed; recovery is likely to remain modest The decline in the quarterly GDP growth rate, by 7.5% during July-September 2020 (FY 2020-21: Q2), compared to a 24% decline in the first quarter has raised expectations of a sharp economic recovery after the novel coronavirus pandemic and the national lockdown. But is such optimism justified? A tracker India’s GDP at current...

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Hurry! Applications for the 1st round of NFI Fellowships for Independent Journalists are now open till December 15th, 2020

The COVID-19 pandemic continues to have multiple impacts on our lives. Existing challenges have been exacerbated and new ones have emerged. Across the country, individuals, communities, businesses and governments are responding differently. Covid has claimed many casualties. Good reportage need not be one of them. The pandemic and the consequent economic slowdown have also taken its toll on good journalism. At this moment, we need good journalism to be stronger than...

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Has personal loans seen a rebound ahead of the festive season? The answer is in the negative

Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...

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Tech Platforms Feel the Heat -CP Chandrasekhar

-NetworkIdeas.org In a move that was expected, the US Justice Department has filed an anti-trust lawsuit against internet search giant Google, alleging that it resorts to anti-competitive practices to ensure its dominance in the search engine space and, through that, over the related online advertising revenues. As a leading example the case cites the successful effort to exclude the competition through a deal, in place since 2005, in which Google pays...

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Has Bangladesh’s economic rise taken the wind out of the NRC narrative? -Shoaib Daniyal

-Scroll.in The final NRC data seems to have belied myths about both the quantum of migration from Bangladesh as well as the religious affilitation of the migrants. For more than five decades now, fear of migration from Bangladesh (and earlier Pakistan’s East Bengal province) has influenced the politics of Assam. To justify this, very high estimates of numbers of Bangladeshi migrants have been put out in the public domain in India. In 1997,...

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