Defence Budget Can't Beat Inflation!

India spends significantly less on defence than could be expected from a country that faces simultaneous armed threats from two hostile neighbours -- China and Pakistan. IMAGE: An Indian Army......

'No basis in the claim that poverty is down to 5%'

'Without a poverty line, how are we to know whether poverty is the same, or it has come down or it has gone up?' IMAGE: A homeless girl asks for alms outside a coffee shop in Mumbai. Photograph:......

Wholesale price inflation rises to 4-month high on food price spike

Wholesale price inflation rose to a 4-month high of 2.36 per cent in October as prices of food items, especially vegetables, and manufactured goods turned dearer, as per the government data......

Inflation soars to 14-month high of 6.2% in Oct

Retail inflation breached the Reserve Bank's upper tolerance level, soaring to a 14-month high of 6.21 per cent in October mainly on account of rising food prices. Photograph: Amit Dave/Reuters......

Govt changes release time of GDP data to 4 pm

The Ministry of Statistics and Programme Implementation (MoSPI) on Friday said it has advanced the release of macroeconomic data Gross Domestic Product (GDP) estimates by about 90 mins to 4 pm.......

'In No Rush To Say Economy Is Slowing Down'

'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.''The Indian economy and financial sector are now well-placed and very resilient in dealing with......