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goods and services tax

Four charts and a table: more proof of India’s job crisis

Four charts and a table: more proof of India’s job crisis

It’s been a tough year for India’s jobs market. Between January and April alone, some 1.5 million jobs were lost, according to the Centre for…
India has finally become a better place to do business

India has finally become a better place to do business

There’s some good news coming in for the Narendra Modi government: India has managed to pull off quite an impressive show by moving to the…
Demonetisation burnt a $5.5 billion hole in the Modi government’s pocket

Demonetisation burnt a $5.5 billion hole in the Modi government’s pocket

Hardly anyone managed to come out unscathed from the disruptive note-ban exercise carried out by prime minister Narendra Modi in 2016—not even the government. The…
56,000 layoffs and counting: India’s IT bloodbath this year may just be the start

56,000 layoffs and counting: India’s IT bloodbath this year may just be the start

For Indian techies, 2017 was the stuff of nightmares. One of the top employment generators until a few years ago, India’s $160 billion IT industry…

India’s phenomenal mobile manufacturing boom in one chart

Indians aren’t just talking non-stop on mobile phones, they are also making them like never before. Over the last four years, the country has seen…
There was zero growth in India’s job market in 2018

There was zero growth in India’s job market in 2018

The number of formally employed Indians may have fallen marginally in financial year 2018. It declined by 0.1% from 406.7 million the previous year to…
Is India losing its love for gold?

Is India losing its love for gold?

Indians adore gold. No family ceremony is complete without the yellow metal. And it is also the favourite asset class of those with no access…
An urgent checklist for WhatsApp’s new India head

An urgent checklist for WhatsApp’s new India head

After headhunting for eight months, WhatsApp has finally found someone to lead its India operations. The world’s largest messaging service platform yesterday (Nov. 21) named…
Months ahead of national polls, India’s economic health is under a cloud

Months ahead of national polls, India’s economic health is under a cloud

With just a few months left for the 2019 general election, the Narendra Modi government is putting up a brave face on the economy. But…
India’s biggest ever tax reform hasn’t kept its promise yet

India’s biggest ever tax reform hasn’t kept its promise yet

India’s ambitious new tax regime, the goods and services tax (GST) launched in July 2017, was expected to fill the government’s coffers. Instead, it is…
The Modi government, the RBI governor and the mess that is the Indian economy

The Modi government, the RBI governor and the mess that is the Indian economy

The sheer ineptitude of economic policymaking under prime minister Narendra Modi’s government has been evident from almost the beginning of its tenure. What is also…
Modi is now a struggling prime minister saddled with a troubled economy

Modi is now a struggling prime minister saddled with a troubled economy

It was dubbed the “semi-final” before the national elections of 2019. So the big two national outfits—the Bharatiya Janata Party (BJP) and the Indian National…
This NRI came back to India, only to leave again in frustration

This NRI came back to India, only to leave again in frustration

This question originally appeared on Quora: How is life moving back to India after living in the US for very long on an H-1B? Answer…
S&P warns of disastrous consequences if Indian central bank loses its autonomy

S&P warns of disastrous consequences if Indian central bank loses its autonomy

Global credit-rating agencies are sounding caution against the perceived threat to the Indian central bank’s autonomy. S&P Global Ratings yesterday (Dec. 17) warned that the…
Narendra Modi says he cleansed the Indian economy and now it is primed for growth

Narendra Modi says he cleansed the Indian economy and now it is primed for growth

Narendra Modi hasn’t wasted any time. The Indian prime minister began 2019, a year he will be seeking re-election, with a broad defence of even…
India’s central bank throws a lifeline at debt-hit small businesses

India’s central bank throws a lifeline at debt-hit small businesses

India’s central bank has doled out a new year’s gift to the country’s small enterprises reeling from the double whammy of demonetisation and the goods…
India will overtake the US economy by 2030

India will overtake the US economy by 2030

A new world economic order is in the making, with today’s emerging markets, including India, at the heart of it. India is likely to become…
Home prices have fallen again in India’s most expensive real estate market

Home prices have fallen again in India’s most expensive real estate market

Home prices have fallen for the second consecutive year in India’s financial capital, Mumbai. In 2018, residential prices in Mumbai were down 6.8% year-on-year, the…
Bengaluru is the world’s fastest-changing city

Bengaluru is the world’s fastest-changing city

India’s Silicon Valley is the world’s most dynamic city. Bengaluru has topped a ranking of 131 world cities based on their ability to change, innovate,…
In 2019, India’s demand for crude oil will grow faster than China’s

In 2019, India’s demand for crude oil will grow faster than China’s

India’s insatiable appetite for crude oil can cost its economy dearly. This year, the country is poised to overtake China as the world’s second-largest oil…