E-PaperPurchasing Power Parity News
India needs to create more salaried jobs: World Bank
More salaried jobs a must if India is to join the global middle class by 2047, says World Bank
3 min read14 Feb 2018Indian economy projected to overtake US’ by 2040: report
This shift in global economic power to emerging economies such as that of US is one of the most relevant and pronounced mega trends for India, says a PWC report
1 min read7 Feb 2017The decline and fall of Britain, and the rise of India and China
Britain's share in the global economy, in purchasing parity terms, has been steadily falling, while India's and China's has been rising
1 min read30 Jun 2016Is India really the fastest growing major economy?
The increase in GDP in India in absolute numbers is actually much smaller than the increase in GDP in China
1 min read9 Oct 2015Justin Yifu Lin | How fast will China grow?
As 2015 begins, China's economic growth is likely to continue to face stiff headwinds, at least when compared with previous decades
4 min read1 Jan 2015‘Is the rupee fairly valued?’
A better weighting system might be to use invoicing urrencies
4 min read6 Nov 2014De-jargoned: Purchasing Power Parity
PPP is calculated based on a basket of goods and services
2 min read19 Oct 2014Fuzzy numbers make China’s economy world’s biggest
The IMF has just reported that China, not the US, is now the world's largest economy. Is it really?
4 min read17 Oct 2014The World Bank on India’s poverty
The World Bank says India has been the biggest contributor to poverty reduction between 2008 and 2011, but even this remarkable feat is not enough
3 min read13 Oct 2014Emerging India
It is very likely that India has moved up one notch among the world's largest economies by overtaking Italy
1 min read30 Apr 2014Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared