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ECONOMICS NEWS
The Economics Nobel returns to growth: Why innovation still matters
October 29, 2025 1:23 pm
After years of prizes focused on niche or data-driven themes, the 2025 Nobel in Economics puts growth theory back at the centre of the discipline. By honouring Mokyr, Aghion and Howitt for their work on innovation and creative destruction, the prize reaffirms the timeless question: what truly drives prosperity?
Why the study of growth is always a study of renewal
October 27, 2025 1:34 pm
Growth cannot be measured only in numbers or output. It is a story of renewal - of how societies reorganise, how ideas travel, and how knowledge and inventions redefine the boundaries of progress. But how does it connect to this year’s Nobel Prize in Economics?
The Nobel Prize just validated the most powerful idea in AI Economics – creative destruction of intelligence
October 21, 2025 7:25 am
It isn’t just theory – as large language models transform industries, progress requires not just invention, but institutions to manage its fallout
Joel Mokyr, Philippe Aghion and Peter Howitt win Nobel Prize for Economics
October 13, 2025 5:47 pm
The Academy said one half of the prize goes to economic historian Joel Mokyr “for having identified the prerequisites for sustained growth through technological progress,” while the other half is shared between Philippe Aghion and Peter Howitt “for the theory of sustained growth through creative destruction.”
India Inc.’s profits are growing. So why are your wages still low?
February 20, 2025 2:09 pm
High corporate earnings may be good for stock markets and business owners, but they do not translate into robust demand for goods and services if the majority of workers do not see their incomes rise. This imbalance could eventually slow down economic growth itself.
Rupee plunges 45 paise to hit record low of 87.95 against US dollar in early trade
February 10, 2025 10:24 am
On Friday, the rupee recovered 9 paise from all-time low level to close at 87.50 against the US dollar.
The Economy | The top 10 trends of 2025: What to expect in US, China, India
January 13, 2025 8:58 pm
Investor and author Ruchir Sharma speaks to economist and psephologist Prannoy Roy on the likely big trends of this year
'Very important source of capital': Economist Neelkanth Mishra calls for more investments from China
January 11, 2025 10:28 pm
Comparing the situation with Japan of the 1980s, Mishra said India's northern neighbour will be "spewing out" a lot of capital given the very low yield of 1 per cent on government bonds and a negative foreign direct investment.
Food spending rises in rural areas, gap with urban centres shrinks
December 28, 2024 10:16 pm
Overall consumption growing in rural India, urban-rural gap dropped to 70% in 2023-24 from 84% in 2011-12
As farmers’ protests continue, Punjab BJP asks union leaders, ‘How is this for the entire nation?’
December 19, 2024 3:46 pm
Pritpal Singh Baliawal, the chief spokesperson of the Punjab BJP, on Thursday questioned why the protesting farmers were ‘damaging’ the state’s economy.
ECONOMICS VIDEOS
All you need to know about Amazon's new home, Long Island city
June 22, 2020 6:11 pm
Amazon officially announced that it will put a major corporate outpost in the New York neighborhood of Long Island City. Here is what the Queens enclave has to offer the tech giant.
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