Tag: economics

India’s richest 1% has highest concentration of wealth in decades, study shows

The wealth concentrated in the richest 1% of India’s population is at its highest in six decades and the percentage share of income exceeds that of countries including Brazil and the United States, research group the World Inequality Lab found. Since India, which won its independence in 1947 from Britain, opened its markets to foreign investment in 1992, its… Read More India’s richest 1% has highest concentration of wealth in decades, study shows

Dilip

Arun Kumar: Articles and talks on poverty, farmers, the budget and electoral bonds

Dear Friends, I am posting links to select recent articles, discussions and interviews. Discussion in Hindi on the Electoral Bonds Issue. HindiSatya.com on March 16. https://www.youtube.com/live/aXZXvim0OpM?si=RF4rNTKXPJfoAijt Discussion on Electoral Bonds and Why SBI wanted to delay giving the data. TV6 https://www.youtube.com/live/of4mjNS58DE?si=xsmc9On0RBGJqQ6G How Robust is India’s Growth. The Leaflet. March 5 https://theleaflet.in/gdp-data-for-q3-2023-24-the-mystery-of-a-robust-growth/ Nehru’s Contribution to Indian Economic Development. Outlook March 4 https://www.outlookindia.com/national/economic-modernist-to-populist-personalism-how-india-developed-post-independence… Read More Arun Kumar: Articles and talks on poverty, farmers, the budget and electoral bonds

Dilip

TikTok, tick-tock

Historians will find many reasons for the end of this American era, but the siege of TikTok reminds us that its largest cause was the epoch-defining rise of China… The US, that apostle of laissez-faire and free speech, now wants to save 170 million American TikTok users from themselves by banning an app. It’s hard to be… Read More TikTok, tick-tock

Dilip

In Economics, do we know what we’re doing?

By  Angus Deaton Economics has achieved much; there are large bodies of often-nonobvious theoretical understandings and of careful and sometimes-compelling empirical evidence. The profession knows and understands many things. Yet today we are in some disarray. We did not collectively predict the financial crisis and, worse still, we may have contributed to it through an overenthusiastic… Read More In Economics, do we know what we’re doing?

Dilip

Electoral Bonds: Is India’s Democracy on Sale? / Ravish Kumar: चुनावी चंदे का भांडा फोड़ 

Electoral Bonds Tracker चुनावी चंदे का भांडा फोड़ A cursory glance at the data reflects a pervasive decay of democratic ethics of the political party in power… The quid pro quo trends appear to be coming out now despite the limited information shared in the data. Remember, the BJP is the largest beneficiary of the… Read More Electoral Bonds: Is India’s Democracy on Sale? / Ravish Kumar: चुनावी चंदे का भांडा फोड़ 

Dilip

How the global oil industry is fueling Israel’s war on Gaza

Analysis shows how jets and tanks are being kept fuelled despite interim ICJ ruling warning Israel to prevent genocidal acts Nina Lakhani Israeli jets and tanks bombarding Palestinians are being fuelled by some of the world’s most profitable fossil fuel companies – and US tax-payers, according to research. Israel relies on crude oil and refined… Read More How the global oil industry is fueling Israel’s war on Gaza

Dilip

Supreme Court Gives State Bank of India a day to furnish Electoral Bonds data, Warns of Contempt Proceedings on Non-Compliance

The Supreme Court on Monday dismissed the application filed by the State Bank Of India (SBI) seeking more time to furnish Electoral Bonds data. The Supreme Court tells SBI’s counsel Harish Salve – “You are the largest bank of the country. Are you saying that you are finding it difficult to follow orders because information… Read More Supreme Court Gives State Bank of India a day to furnish Electoral Bonds data, Warns of Contempt Proceedings on Non-Compliance

Dilip

SBI limps before Supreme Court, but bolts for gov’t when asked to get electoral bond data

http://www.reporters-collective.in deep-dive journalism. in many languages and formats. without fear. The State Bank of India (SBI) is dragging its feet in providing details of those who played secret santas to political parties and gifted electoral bonds. But what makes its limp a suspect is that the bank had displayed stunning agility in fulfilling similar government… Read More SBI limps before Supreme Court, but bolts for gov’t when asked to get electoral bond data

Dilip

Marx’s ‘Das Kapital’ gift to Darwin

Jack Guy, CNN Karl Marx once gifted a signed copy of “Das Kapital” to scientist Charles Darwin, but the book remained largely unread, providing an “amusing insight” into the dynamics between these two intellectuals, according to experts. In “Das Kapital,” economist and philosopher Marx explored how the capitalist system works and, he argued, its tendencies toward… Read More Marx’s ‘Das Kapital’ gift to Darwin

Dilip

How the government lost the script on MSP to farmers

Bharat Bhushan The Punjab farmers’ agitation is growing, and the two organisations that were trying to upstage the Samyukt Kisan Morcha (SKM) are no longer in control. An agitation, perhaps scripted to end in a compromise, is unexpectedly rewriting itself. The Centre wanted to settle the issue of minimum support price (MSP) after having made a promise… Read More How the government lost the script on MSP to farmers

Dilip