The $4 trillion false alarm: Frenzy over India's stellar GDP growth premature

During the much-anticipated cricket match that held the nation’s attention most of Sunday afternoon and evening, a flurry of tweets from key figures within the Modi government claimed a significant economic milestone for India—that we had crossed the $4 trillion mark in GDP. Among those who took to X (formerly Twitter) to post about it … Read more

RBI Governor Shaktikanta Das receives award for A+ ranking in Global Finance Central Banker Report Cards 2023

Reserve Bank of India (RBI) Governor Shaktikanta Das received the Award for being ranked ‘A+’ in the Global Finance Central Banker Report Cards 2023 on Saturday in Marakkesh city of Morocco. The award recognizes those central bank governors whose strategies outperformed their peers through originality, creativity, and tenacity. RBI shared the news on the official … Read more

premium segments thrive, low-income groups struggle

India’s domestic economy is experiencing a notable divergence, with premium and luxury goods seeing robust demand. In contrast, essential goods face headwinds owing to high inflation, according to Amnish Aggarwal, head of research at equity research and advisory firm Prabhudas Lilladher. The firm’s latest report states that all eyes are now on festive demand in … Read more