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The Cheatsheet: How Internet shutdowns hurt the economy

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BusinessLine Yes, and more. As we write this, the internet shutdown in Kashmir — reportedly the 51st in Jammu and Kashmir since January this year and the 179th since 2012 — is continuing and there is an alarming uncertainty over when the curbs on communication... More »

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Apollo 11, Chandrayaan-2 and the lunar economy

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BusinessLine I see you’re moonstruck. Yes, and for two good reasons. For starters, this week marks the 50th anniversary of the Apollo 11 mission, which culminated in the first landing of humans on the moon. NASA is observing a series of events to remember that... More »

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Is the world economy spiralling towards another debt crisis?

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BusinessLine The spectre of unsustainable debt has returned to haunt governments across the world. Even when self-imposed or externally enforced austerity has forced governments to retract from the debt-financed stimuli they adopted in the aftermath of the glo... More »

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Don’t forget political economy issues

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BusinessLine The government that will come to power after today’s counting of votes will have its economic tasks cut out. There are a number of issues of development, ranging from slackening of growth rates in several sectors to the reliability of the numbers ... More »

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More uncertainties ahead for global economy

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BusinessLine The year 2018 was characterised by geopolitical risks, protectionism and sanctions. In the current year all the uncertainties and risks are spilling over, with greater vigour, creating headwinds for the markets. Commodities including energy, metal... More »

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The US economy heading for a slowdown?

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BusinessLine “Recession is so far in the distance I can’t see it,” White House Chief Economic Advisor Larry Kudlow said late last year. Just 11 years out from the great global financial crisis, the Trump administration is sticking to its story that the US econ... More »

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What these elections mean for the economy

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BusinessLine I’ve heard elections are good for the economy. Sure, the free flow of money, come election time, will boost economic activity in the short run. But it is rather like a booster shot after imbibing a sugar-high ‘energy drink’: it will only leave you... More »

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Why the economy is lacking josh

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BusinessLine After a new round of revisions, the CSO recently declared that India’s GDP growth averaged 7.6 per cent in the last five years, doing much better than the 6.7 per cent expansion in the preceding five years. But this bit of good news was met with a... More »

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Poverty in the 6th richest economy

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BusinessLine The rise of India to become the sixth largest economy in 2017, surpassing France is no mean achievement. Measured in current US dollars, India’s economy was an estimated 0.6 per cent larger than of France. There is now great anticipation that Indi... More »

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Reality check for ‘fastest growing’ economy

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BusinessLine The world has started moving fast again. India is probably the fastest growing economy and is likely to stay that way. There is obviously much to excite us. Going by media accounts, administrative affirmations, stock market outlooks and foreign in... More »

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The economy suffers from a trust deficit

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BusinessLine A major reason for the growth slowdown in India since 2011 is the atmosphere of suspicion and mistrust. As the economy started creating wealth, there were fears that some were cornering this illegally. It began with telecom. The government’s audit... More »

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Justice cannot be blind to the economy

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BusinessLine Finance Minister Arun Jaitley has called on the legal scholars and academicians to look into the impact of judicialisation of the economy, especially in cases where there is an adverse impact on the country’s GDP and employment. Though the need fo... More »