Representational image only. File | Photo Credit: AP Afghanistan‘s economic recovery is buckling as nine in 10 households are forced to skip meals, sell belongings or take on debt to survive, the United Nations said on Wednesday (November 12, 2025), warning that mass returns are exacerbating the country’s worst crisis since the Taliban returned to…
Joel Mokyr who won the 2025 Nobel economics prize alongside Peter Howitt of Brown University and Philippe Aghion of the College de France, INSEAD. | Photo Credit: REUTERS The current Nobel Prize in Economics has been given to three economists — Joel Mokyr, Philippe Aghion, and Peter Howitt — who have studied the role of…
Last month, Ravi and Neha Handa, along with their son, spent over a week in Singapore on their Diwali vacation. The family stayed in swanky hotels, one of them especially known for its underwater bedrooms overlooking 40,000 marine creatures. It was not the first of such holidays. For the couple, money woes flew out of…
Governor of the Reserve Bank of India Sanjay Malhotra. File | Photo Credit: AP The removal of restrictions on banks for acquisition financing will help the real economy, Reserve Bank of India Governor Sanjay Malhotra said on Friday (November 7, 2025). Last month, the RBI allowed banks to fund acquisitions and raised the cap on…
After an almost quiet September for first 21 days due to the GST 2.0 transition, October witnessed a swift rebound. File. | Photo Credit: Reuters Overall automobile Retail sales in October 2025 rise 40.5% YoY, hitting all time high as per data released by Federation of Automobile Dealers Association (FADA). 2Ws grew 51.76% YoY to…
Finance Minister Nirmala Sitharaman addresses the 12th SBI Banking and Economics Conclave 2025, in Mumbai, on November 6, 2025. Picture: X/@nsitharamanoffc Finance minister Nirmala Sitharaman on Thursday (November 6, 2025) asked banks to adhere to system driven lending practices and learn from the past so that financial discipline is not threatened. “We have many self-reliant…
The international demand for Indian services improved further, as signalled by another increase in external sales. File | Photo Credit: Getty Images/iStockphoto India’s services sector growth witnessed the slowest pace of expansion in five months in October, as competitive pressures and heavy rains in parts of the country led to a slower increase in output, according…
The upcoming Household Income Survey, 2026, which is going to be the first of its kind, could offer the clearest picture yet of India’s households, revealing how they are coping, changing, and moving towards the future. However, the challenge with such an exercise lies in the sensitive nature of questions about individual income, which many…
V. Anantha Nageswaran | Photo Credit: ANI Chief Economic Advisor (CEA) V. Anantha Nageswaran on Tuesday said investments being made in India must focus on the economy becoming more competitive. He was responding to a question on addressing export gaps in the light of the recent tariffs imposed by the U.S. I Speaking at Delhi University’s…
Image for representation only | Photo Credit: Getty Images/iStockphoto India’s richest 1% expanded its wealth by 62% between 2000 to 2023, according to a report commissioned by the South African Presidency of the G20. The study, led by Nobel laureate Joseph Stiglitz, warns that global inequality has reached “emergency” levels, threatening democracy, economic stability, and…
