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The $5-trillion GDP dream – The Hindu BusinessLine

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BusinessLine In the month since the Narendra Modi government returned to power with a thunderous majority, it has repeatedly given voice to an ambitious target to grow the economy to $5 trillion by 2024. That aspiration found mention in President Ram Nath Kovi... More »

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The new Cold War – The Hindu BusinessLine

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BusinessLine Using its economic power to meet non-economic objectives is not new for the US. Sanctions against Cuba and Iran deny those countries access to financial networks and markets, and scare away other businesses who fear prosecution in the US. By Secti... More »

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The water emergency – The Hindu BusinessLine

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BusinessLine An impending water crisis on a scale hitherto unrecorded in recent history is predicted by 2020. Unless some miracle happens, it would mean groundwater touching zero by next year in 21 cities nationwide. That such a catastrophe was waiting to happ... More »

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A slippery target – The Hindu BusinessLine

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BusinessLine In March 2015, Prime Minister Narendra Modi, when inaugurating the energy conference ‘Urja Sangam’, had said that India needs to bring down its import dependence on oil and gas to 67 per cent of its requirement by 2022. “We currently import around... More »

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Flaws in Subramanian’s theory – The Hindu BusinessLine

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BusinessLine Arvind Subramanian’s theory that India’s GDP has been overestimated (yes, out of innocent and non-political motives) is specious not for what it says, but for what it does not. His assertion, born of labours of econometrics and replete with colour... More »

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Google News, whose news? – The Hindu BusinessLine

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BusinessLine Fooling around with search words? What’s the harm in trying? After all, everybody loves some vertical mobility on Google search hierarchy. That said, this headline is pure plainspeak; an important question, rather. On what? Here’s some background:... More »

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Statistalk: How women invest – The Hindu BusinessLine

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BusinessLine ‘, autoTrigger: true, debug: true, padding: 3000, autoTriggerUntil: 10, nextSelector: ‘a.jscroll-next’, contentSelector:’.jscroll-inner .outerline’, callback: function(b) { $.event.trigger(“pageContentReady”, $(“.jscroll-added .outerline:last”)); ... More »

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Peer-to-peer lending – The Hindu BusinessLine

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BusinessLine The peer-to-peer (P2P) lending market in India is a nascent one — with a rather modest size of about ₹300 crore. But it has the potential to scale up manifold. P2P platforms facilitate funds for borrowers who might not have got them from tradition... More »

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A Windies World Cup? – The Hindu BusinessLine

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BusinessLine Indians are supposed to be obsessed by three things — politics, cricket and cinema, or so the cliché goes. With the elections coming to an end — after an exhausting and often vituperative seven-phase campaign — the focus is now back on cricket. Th... More »

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Borrowed education – The Hindu BusinessLine

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BusinessLine A titillating piece of news that crossed our screens not too long ago was that Mrs. Mackenzie Bezos, the ex-wife of Amazon founder and CEO Jeff Bezos, will receive $36 billion (about Rs. 2.5 lakh crores) as part of her divorce settlement. She has ... More »

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Jaitley leaves a vacuum – The Hindu BusinessLine

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BusinessLine Given a political culture that treats high office as a sinecure at state expense, former Finance Minister Arun Jaitley’s action in recusing himself from a second inning in a Narendra Modi Ministry is striking at many levels. The reason that Jaitle... More »

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When Amazon owns .amazon – The Hindu BusinessLine

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BusinessLine I’m one of your high IQ readers, but this skips me! In case you’ve missed the papers this week, presidents of Peru, Colombia, Ecuador and Bolivia came down heavily on a recent decision by Icann — which is the global body that manages internet addr... More »