Economy : Articles

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Rohan Deshpande
GST Imbroglio and the Angst of States Battling Financial Crunch and COVID-19
21 Oct 2020
It was deemed that the projected growth rate of states’ revenue, had it not been subsumed by GST, would be 14% per annum, with the revenue collections for Financial Year (FY) 2015-16 considered as…
PTI
China’s Economy Recovers from COVID-19 Slump: Posts 4.9% Growth in Q3
19 Oct 2020
To soften COVID-19 impact, the Chinese government rolled out a raft of measures, including more fiscal spending, tax relief, cuts in lending rates and banks' reserve requirements to stabilise growth…
Bharat Dogra
Land Reform: A Plant Uprooted Before It Could Bear Fruit
17 Oct 2020
The distressing case of giving up land reform in India even before achieving any real success.
The Associated Press
Europe Braces for Winter of Job Losses, Bankruptcies as Coronavirus Cases Spike
17 Oct 2020
Period of healing for economy turns dark, as new restrictions hit restaurants, airlines and myriad other businesses.
Richard D. Wolff
How Fascism Has Converged With Capitalism to Redefine Government
16 Oct 2020
The looming US election has brought forward intensifying debates over a capitalism in crisis, rising nationalism and state power, and the possibility of a renewed fascism.
PTI/NewsClick Report
Wholesale Price Inflation at 1.32% in September Due to Costlier Food
14 Oct 2020
The wholesale price index based (WPI) inflation has been in the negative zone for four straight months – April (-) 1.57 per cent, May (-) 3.37 per cent, June (-) 1.81 per cent and July (-) 0.58 per…
Newsclick Report
Civil Society Calls for ‘World Without World Bank’ Protest and Media Campaign
13 Oct 2020
Activists argue that World Bank’s emergency COVID-19 Response Funding in India imposes conditionalities that push for policy changes that favour private players and affect public health system.
PTI
Industrial Output Falls 8% in Aug, Inflation Rises 7.34% in Sep as Food Prices Spike
12 Oct 2020
Manufacturing, mining and power generation sectors drag down factory output index.
Prabhat Patnaik
Rapid Growth Under Neo-liberalism Accompanied by Increase in Poverty
09 Oct 2020
In the period from 1992-93 to 2011-12, the proportion of rural population that could not access 2,200 calories per person per day, which is the definition of poverty in rural areas, had increased by…
Prudhviraj Rupavath
Sahara Group Crisis: Suspicious Nexus Between Cooperative Societies and Aamby Valley in Spotlight
07 Oct 2020
Sahara’s four credit cooperative societies have invested Rs 62,643 crore from depositors in the Aamby Valley Limited of the Sahara Group.