Udit Misra is Senior Associate Editor. Follow him on Twitter @ieuditmisra
February 07, 2025 07:00 IST
Budget Allocations Explained: It is an open question whether income tax cuts for those earning five to six times more than the average Indian is the best way to use taxpayer money to incentivise long-term growth. Take a look at some crucial data points in this explainer.
Sat, Feb 08, 2025February 02, 2025 07:09 IST
The large cuts in income tax is an acceptance from the government that its corporate tax cut of 2019 has not worked. Had the sequencing been reversed — IT cut first, corporate tax cut later — the results may have been different
Sun, Feb 02, 2025February 01, 2025 16:33 IST
Budget 2025 Highlights and Important Points: The focus is on putting more money in taxpayers’ hands through tax cuts, and creating more jobs. The infra expenditure push has reduced, but stress on fiscal discipline remains
Sun, Feb 02, 2025February 01, 2025 15:26 IST
Union Budget 2025 Highlights: The large cuts in income-tax is an acceptance from the government that its corporate tax cut of 2019 has not worked. Had the sequencing been reversed — IT cut first, corporate tax cut later — the results could have been very different.
Sun, Feb 02, 2025February 01, 2025 14:23 IST
In his book, Shah examines how the AAP's rule presents a governance blueprint for capacity building and fiscal prudence
Sat, Feb 01, 2025January 31, 2025 21:28 IST
The Survey is a report of the state of the Indian economy in the financial year that is coming to a close. It is prepared by the Department of Economic Affairs in the Union Finance Ministry, under the guidance of the Chief Economic Advisor (CEA)
Sat, Feb 01, 2025January 30, 2025 13:17 IST
There is a growing sense that the Indian government has been over-taxing its citizens. But is that so? We explain.
Sat, Feb 01, 2025January 23, 2025 08:33 IST
During his election campaign, Donald Trump had said “tariff” is his “favourite word in the dictionary” and that he would use tariffs to boost domestic manufacturing in the US.
Fri, Jan 24, 2025January 16, 2025 12:01 IST
The BJP has often argued that its 'double engine sarkaar' helps states. As Delhi goes to polls, we compare it with a few double- and single-engine states to see how it fares on 11 parameters, including employment, expenditure on health and education, infra, etc.
Sun, Feb 09, 2025January 07, 2025 21:37 IST
At the current exchange rate of 85 rupees to a dollar, India’s GDP in FY25 will be $3.8 trillion. If India’s exchange rate had not fallen from around 61 rupees to a dollar in 2014 then today, India could have boasted of becoming a $5 trillion economy ($5.3 trillion to be exact).
Thu, Jan 09, 2025December 30, 2024 15:16 IST
A round-up of our best reads this year
Mon, Dec 30, 2024December 28, 2024 07:00 IST
Dr Singh’s views did not exactly align with the ‘Nehruvian’ approach to economic policy. Long before he changed the Indian economy in the 1990s, he tried to mould policy in the direction of broad-based economic reforms and liberalisation. Very early on, he proposed ideas that are now part of India’s policy consensus
Sun, Dec 29, 2024December 22, 2024 21:54 IST
The former RBI Governor spoke about a wide variety of topics ranging from inflation to GDP growth to the impact of possible global trade war under President-elect Donald Trump’s second term.
Mon, Dec 23, 2024December 21, 2024 08:12 IST
Like any other trade in life, the relative value of one currency against another depends on which is demanded more. If Indians demand more US dollar than Americans demand the Indian rupee, the exchange rate will tilt in favour of the US dollar
Mon, Dec 23, 2024November 23, 2024 15:43 IST
But even if Nehru's model was faulty, why wasn’t it changed after his death? Why didn’t other politicians, civil servants, businesses and policy analysts move away from it? Panagariya’s argument is that Nehru was such a tall leader that most politicians of that period had “fully internalised” socialism in their political thought
Sat, Nov 23, 2024October 31, 2024 12:45 IST
If one looks at the inflation data closely, it becomes clear that high food inflation stung the rural households more than their urban counterparts. Here’s how.
Fri, Nov 01, 2024October 22, 2024 04:00 IST
Why have concerns been raised over aging populations in South India? Can people be incentivised to have more babies to impact this trend? What role can internal migration play?
Tue, Oct 22, 2024October 15, 2024 06:55 IST
The Nobel laureates in the economic sciences have demonstrated the importance of societal institutions for a country’s prosperity. Societies with a poor rule of law and exploitative institutions do not generate growth or change for the better. Where does India fit into this understanding?
Wed, Oct 16, 2024September 20, 2024 08:06 IST
A cut in interest rate typically incentivises economic activity, promotes growth, and increases job creation by making it cheaper for people to borrow money. The RBI, India’s central bank, is already under growing pressure to cut interest rates.
Fri, Sep 20, 2024August 29, 2024 04:37 IST
At the third edition of the IE Thinc: CITIES series, presented by The Indian Express with Omidyar Network India and moderated by Associate Editor Udit Misra, panellists discussed solutions on dealing with climate change in coastal cities
Tue, Sep 03, 2024August 24, 2024 07:10 IST
At the annual Jackson Hole symposium, Jerome Powell said the ‘time has come’ to lower interest rates. While he did not furnish further details, the impacts of Powell’s observations will be felt the world over.
Sun, Aug 25, 2024August 16, 2024 16:11 IST
In her interview with The Indian Express’s Udit Misra, Gita Gopinath, IMF’s First Deputy Managing Director, says India needs to create anywhere between 60 to 148 million additional jobs between now and 2030 cumulatively.
Sat, Aug 17, 2024August 06, 2024 19:33 IST
The unwinding of the yen carry trade was one reason behind the fall in global markets on Monday. It had to do with recent policy decisions from Japan's central bank, which led global investors to sell their assets. Here is why.
Tue, Aug 06, 2024July 24, 2024 06:45 IST
India’s broader economy has not been doing as well as the GDP growth numbers suggest, and the Lok Sabha election result has conveyed to the government that there is a political cost to denial. Major proposals indicate an attempt at course-correction.
Thu, Jul 25, 2024July 24, 2024 02:29 IST
Union Budget speech for 2024-25 is silent on why private sector investments haven’t quite commenced despite the corporate tax breaks in 2019.
Wed, Jul 24, 2024