Who in India is profitting from Russian oil? Not the common man but private companies

India has paid Russia nearly $20 billion for oil in just seven months, more than what it paid in the last ten years combined. It has only reaped higher profits of a few Indian companies. ...

India doesn’t care about GDP. What matters is JDP — Jobs Data, Please

A double-digit headline GDP growth or being crowned the world’s fastest-growing economy means very little, unless it also yields robust income growth for families. ...

A road map to fight the inflation stress

The Centre must reduce fuel taxes, increase subsidies, and desist from raising indirect taxes. The only way to fund the extra expense will be to find additional revenue streams ...

Whose GDP is it anyway?

It is time for political leaders to clamour for an overhaul of India’s economic performance measurement framework ...

Free trade is passé. US, Russia just made trade all about friends and foes

Is India a friend or a foe for the US? Is being antagonistic to China and Russia necessary? Compulsions of an interdependent world are making ‘foes’ into friends. ...

Buying Russian oil is ruble wise but rupee foolish. It bloodies India’s hands

US has no moral rectitude to deliver ethical sermons. But regardless, India must take a holistic view in purchasing oil from Russia—it's not a rosy picture. ...