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India's is fast urbanizing but the path remains poorly lit: here's how robust data could change that

New Delhi, July 14 -- Economic forces are usually more fluid than neat administrative definitions. The way we estimate urban population is a stellar example. Official statistics have for long undercou... Read More


An emerging economy's exchange rate policy is not always about economics. Here's why

New Delhi, June 30 -- The Indian rupee has regained some of the ground it lost against the US dollar in recent months. It traded at 94.63 to a dollar at the close of day on Monday. This is a recovery ... Read More


External stress mustn't overshadow challenges faced by India's domestic economy

New Delhi, June 16 -- The past several weeks have been dominated by concerns about an energy shock, a weakening rupee, the possibility of a truant monsoon and latent inflationary pressures as a result... Read More


India should welcome Chinese investment but not overlook the possibility for innovation spillbacks

New Delhi, June 2 -- International capital flows are once again in the spotlight. First, the International Monetary Fund reports that global current account imbalances are widening once again. This me... Read More


Gold buying for investment purposes also makes it easier to reduce imports of actual bullion

New Delhi, May 19 -- In prosperity, as in the hour of need, the thoughts of most Indians turn to gold. And with the steady drain on our foreign exchange reserves for over two years now, we have reache... Read More


Industrial policy now has broad World Bank approval but the case for universal adoption remains unclear

New Delhi, May 5 -- Dennis Robertson was not only one of the finest economic minds of the 20th century, but also an elegant writer who was known for his witticisms. In an essay written in 1956, Robert... Read More