Economic News

  • Viewpoint: India's digital future

    MEDC | 05 JUN,2023

    The government of India has made an impressive thrust in the digital sphere. It is the most visible in the financial services sector. Unified Payment Interface (UPI) transacti... Read more

  • Trading carbon credits

    MEDC | 05 JUN,2023

    Recognizing the importance of carbon credits in meeting our climate commitments, the government of India is taking steps to establish a carbon credits market. Initially, carbo... Read more

  • Crude import patterns

    MEDC | 05 JUN,2023

    India’s import of discounted crude oil from Russia is now almost half (46%) of the country’s total crude purchases. Discounts on Russian oil average around $10 a b... Read more

  • Enhancing grain storage capacity

    MEDC | 05 JUN,2023

    The approval of the Union Cabinet of a trillion rupee programme to create the world’s largest grain storage capacity in India’s cooperative sector is welcome. It w... Read more

  • Viewpoint: FDI and Economic Growth

    MEDC | 29 MAY,2023

    The RBI Governor noted that the growth rate for 2022-23 could be even higher than the official projection of 7%. But the real issue worth debating is the medium-term growth ou... Read more

  • Reduce compliance burden

    MEDC | 29 MAY,2023

    The issue of litigation is a key factor affecting the level of investment flowing into any open economy. Based on this criteria, Indian policymakers still have some distance t... Read more

  • Improving energy security

    MEDC | 29 MAY,2023

    India’s next green revolution is all about renewable energies. Energy security is necessary to sustain our economic growth. For some time more at least, fossil fuels wil... Read more

  • Maharashtra's port-led development

    MEDC | 29 MAY,2023

    The second phase of the Mumbai-Nagpur Samruddhi Mahamarg was inaugurated this week. With this, a total length of 600 km out of 701 km of the expressway is now available for tr... Read more

  • Viewpoint: India's Softening Inflation

    MEDC | 22 MAY,2023

    India’s wholesale price index (WPI) based inflation has not been too high on the policy radar of RBI for some time now. In April this year, the WPI fell by 0.92% from a ... Read more

  • Appropriate pesticide strategies

    MEDC | 22 MAY,2023

    For several reasons, the productivity of Indian agriculture has never been particularly high. The formulation of an appropriate pesticide strategy plays a vital role here. The... Read more

  • Risk-management for Indian banks

    MEDC | 22 MAY,2023

    Financial markets and banks in India have evolved considerably since 2008. In this period, India’s consistently high economic growth obviously stole the show, but import... Read more

  • PLI and economic competitiveness

    MEDC | 22 MAY,2023

    Our new production-linked incentive (PLI) scheme for IT hardware is likely to see the world’s top players shifting base from China and setting up units to assemble compu... Read more

  • Viewpoint: Digital Solutions and Economic Development

    MEDC | 15 MAY,2023

    In her recent address to the G7 nations in Japan, Finance Minister Nirmala Sitharaman emphasized the need for developing nations to go beyond the standard macroeconomic parame... Read more

  • AI and the market

    MEDC | 15 MAY,2023

    Artificial Intelligence (AI) is likely to be used in a big way in financial markets worldwide, including in India. Researchers are already using ChatGPT to decipher the statem... Read more

  • India's startup ecosystem

    MEDC | 15 MAY,2023

     India now has more startups than any other nation except the US and China. Since the beginning of 2021, the number of unicorns created in India has also risen from 40 to... Read more

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