Tag: Indian economy
Capitalism: An overrated failure story
Reading Time: 7 minutes Why attempts made by governments of different countries, including India’s, to revive capitalism with a stimulus during COVID-19 isn’t feasible at all?
Why the corporate world isn’t truly happy with Modi’s Rs 20 trillion package?
Reading Time: 3 minutes Though Modi’s Rs 20 trillion-worth so-called “fiscal stimulus” package was all about selling India to corporates, why the latter aren’t quite happy now?
Sitharaman’s announcements on day one peddled liquidity as fiscal stimulus to dupe people
Reading Time: 7 minutes Nirmala Sitharaman’s announcements, on the first day of the many days she will announce details of Modi’s Rs 20 billion-worth package, were simply hollow.
Part II: COVID-19, fictitious capital and financial crisis
Reading Time: 8 minutes The second part of the analysis of the COVID-19 pandemic, share buy back and fictitious capital: A capitalist effort to survive the financial crisis.
COVID-19, fictitious capital and financial crisis
Reading Time: 7 minutes The COVID-19 isn’t the cause of the quagmire in which capitalism is in at the moment. The pandemic only triggered what was inevitable. An in-depth analysis.
Inside Modi’s sham Rs 1.73 trillion COVID-19 economic relief package for poor
Reading Time: 11 minutes The COVID-19 economic relief package announced by Nirmala Sitharaman for the poor isn’t just inadequate, it’s farcical and a mockery of poor people’s agony.
Why Reliance and HDFC are having a good time during Coronavirus lockdown?
Reading Time: 3 minutes Why the markets were in a jubilant mood after Prime Minister Narendra Modi declared national lockdown? Why the shares of Reliance and HDFC are surging?
Understanding the economic repercussions of Coronavirus in India
Reading Time: 9 minutes What will be the economic repercussions of Coronavirus in India? Who will suffer the most and who will profiteer from the agony of millions?
SBI’s investment to save YES Bank sets dangerous precedence of corporate bail-out
Reading Time: 4 minutes The SBI’s investment to save YES Bank sets a dangerous bail-out precedence where public money will be used to catapult corporate entities in crisis.
Modi’s fake assertions won’t resolve India’s economic woes
Reading Time: 3 minutes Modi’s fake assertion about India becoming a $5 trillion economy by 2024-25 ignoring the vexing alarm of the crisis-ridden economy will worsen things.