GDP
RBI policy: Why the pause may be setting up a future rate hike
The concept of stance has always been nebulous, and ‘neutral’ was a way of saying that anything could happen in the future. Today it is accepted that the stance does not need to change before there is rate action. Hence, no change in stance may not really mean anything significant
3 min read5 Aug 2026Kaushik Basu: Why political gutfeel on economic policy is no substitute for rigorous analysis
Economics may sound like common sense at times, but that mustn’t tempt countries to brush aside expertise in this discipline. From India’s 2016 demonetization to America’s recent tariffs, several cautionary tales exist of instinctive governance going wrong.
4 min read2 Aug 2026UK new PM Andy Burnham vows to challenge Trump if Britain's interests are at stake
PM Andy Burnham expressed openness to disagreeing with Trump if necessary for Britain's interests. He described their initial talks positively but avoided confirming trust in Trump, highlighting the need to assess changes in the political landscape.
3 min read26 Jul 2026South Korea GDP expands above estimates in Q2, lifted by semiconductor boom; KOSPI index rallies 3%
South Korea's economy grew by 0.6% in Q2, exceeding expectations, mainly due to strong semiconductor exports. Annual GDP growth reached 3.7%, prompting forecasts of further interest rate hikes amid persistent inflation. Positive market reactions were seen, particularly in technology stocks.
3 min read23 Jul 2026Economic activity hits 32-month high in June, says Icra; retains Q1 growth forecast at 6.4-6.6%
Icra attributed the stronger momentum to the temporary ceasefire between the US and Iran, prolonged construction and mining activity due to a rainfall deficit, and favourable base effects
2 min read22 Jul 2026Why we cannot abandon GDP and what the world can do to improve its utility as a statistical gauge
Gross domestic product (GDP) has been long criticized for its inadequacy in measuring economic activity or welfare. True, it is imperfect. But it is too deeply embedded in the institutional architecture of governments, markets and global organizations to drop.
4 min read19 Jul 2026India's retail inflation breaches RBI’s midpoint target, rises to 4.38% in June
The median estimate in a Mint poll of 18 economists had forecast retail inflation at 4.2% in June.
4 min read13 Jul 2026ADB cuts India's FY27 growth forecast to 6.6% as energy shocks weigh on demand
The multilateral lender has trimmed its FY27 GDP outlook from 6.9%, citing prolonged disruptions in global energy markets after the West Asia conflict, while retaining its FY28 forecast.
2 min read9 Jul 2026District-wise GDP data will help but the execution of this idea is best left to Indian states
India should let data flow upward to get a clearer picture of ground realities. We must also resist the temptation of making district data add up to numbers we already have—for that’ll defeat the purpose.
4 min read8 Jul 2026India's richest cities: urban affairs ministry is on a quest to assess economic output of cities for first time
The Indian government is creating a standardized methodology to estimate the economic output of cities, known as City Economic Product. The initiative aims to quantify urban economic contributions, aiding in planning and investment, as urban areas contribute nearly 70% of India's economic output.
4 min read1 Jul 2026Wait for it…
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