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Tag: Indian economy

Sitharaman's "Act of God" invocation

By invoking “Act of God” Sitharaman attempts to bankrupt the states

Reading Time: 3 minutes Why Nirmala Sitharaman invoking “Act of God” clause to deny states their GST dues is actually an illegal action and attack on federalism?

Wed, Sep 02 2020Wed, Sep 02 2020 Tanmoy Ibrahim Economy
India's economy going downhill and Modi's rhetoric won't help it save itself

India’s economy going downhill and Modi’s rhetoric won’t help it save itself

Reading Time: 6 minutes While a few companies posted growth in their Q1 FY 2020-21, it doesn’t mean that the entire economy is growing, rather it’s going downhills now under Modi.

Thu, Jul 23 2020Thu, Jul 23 2020 Tanmoy Ibrahim Economy
Why the NPR is inevitable despite a pause due to COVID-19 outbreak?

NPR and NRC in post-lockdown phase is a dire necessity for the Modi regime

Reading Time: 5 minutes The rollout of the NPR and NRC in post-lockdown phase is inevitable as the Modi regime will try to provide cheap labour pool to big corporate houses now.

Wed, Jun 17 2020Wed, Jun 17 2020 Tanmoy Ibrahim Politics
India's foreign exchange reserves

The surge in India’s foreign exchange reserves isn’t Modi’s but lockdown’s gift

Reading Time: 4 minutes The recent news of surge in India’s foreign exchange reserves isn’t one that calls for jubilation. This increase isn’t India’s gain but a sign of bad trade.

Mon, Jun 15 2020Mon, Jun 15 2020 Tanmoy Ibrahim Economy
The economic repercussions of Coronavirus in India

Indian Recession 2020 – A Marxist Analysis

Reading Time: 7 minutes The Indian economy continues to sink, while the narcissist prime minister keeps applauding himself. An indepth Marxist analysis of the present crisis.

Thu, Jun 04 2020Fri, Jun 05 2020 Sankha S Biswas Economy
Capitalism: An overrated failure story

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?

Sat, May 23 2020Sat, May 23 2020 Sankha S Biswas Economy
Modi's Rs 20 trillion package

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?

Tue, May 19 2020Tue, May 19 2020 Tanmoy Ibrahim Economy, India
Part I Sitharaman's announcements

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.

Wed, May 13 2020Wed, May 13 2020 Tanmoy Ibrahim Economy
Part II: COVID-19, fictitious capital and financial crisis

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.

Thu, May 07 2020Thu, May 07 2020 Sankha S Biswas Economy, India
COVID-19, fictitious capital and 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.

Thu, Apr 23 2020Thu, Apr 23 2020 Sankha S Biswas Economy
Inside Modi's sham Rs 1.73 trillion COVID-19 economic relief package for poor

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.

Sat, Mar 28 2020Sat, Mar 28 2020 Tanmoy Ibrahim Economy
Why Reliance and HDFC are having a good time during Coronavirus lockdown?

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?

Wed, Mar 25 2020Wed, Mar 25 2020 Tanmoy Ibrahim Economy, India
The economic repercussions of Coronavirus in India

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?

Wed, Mar 25 2020Wed, Mar 25 2020 Tanmoy Ibrahim Economy, India
SBI's investment to save YES Bank

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.

Tue, Mar 10 2020Tue, Mar 10 2020 Tanmoy Ibrahim Economy
Modi's fake assertions won't resolve India's economic woes

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.

Sun, Mar 08 2020Sun, Mar 08 2020 People's Review Economy
Yes Bank crisis

Yes Bank crisis exposed how NPAs are hastening the fall of private banks too

Reading Time: 4 minutes The Yes Bank crisis that drove thousands to uncertainty, proved once more that the private sector banks aren’t immune from NPA-driven major financial crisis

Fri, Mar 06 2020Fri, Mar 06 2020 Tanmoy Ibrahim Economy
Modi regime’s privatisation drive aims to jeopardise India's future

Modi regime’s privatisation drive aims to jeopardise India’s future

Reading Time: 5 minutes Putting SAIL, LIC, BSNL, Air India, Indian Railways, etc, on sale, the Modi regime’s privatisation drive is taking Indian economy towards a catastrophe.

Thu, Feb 13 2020Fri, Feb 14 2020 Tanmoy Ibrahim Economy, India
Nirmala Sitharaman’s Union Budget 2020-21 speech didn't mention "unemployment"

Nirmala Sitharaman’s Union Budget 2020-21 speech didn’t mention “unemployment”

Reading Time: 3 minutes Did you know that in Nirmala Sitharaman’s Union Budget 2020-21 speech, the term “unemployment” has been cunningly dropped and not used even for once?

Sun, Feb 02 2020Sun, Feb 02 2020 Tanmoy Ibrahim Economy
The Economic Survey 2019-20 is less economics more fiction

The Economic Survey 2019-20 is less economics more fiction

Reading Time: 3 minutes The Economic Survey 2019-20 report presented by Chief Economic Advisor Krishnamurthy V Subramanian is merely a fiction, fantasies and has no economics in it

Fri, Jan 31 2020Fri, Jan 31 2020 Tanmoy Ibrahim Economy
Will the economic slowdown in India worsen further?

Will the economic slowdown in India worsen further?

Reading Time: 3 minutes The economic slowdown in India is worsening the situation each day, but the government is looking into easy rescue options like foreign debts.

Fri, Jan 31 2020Fri, Jan 31 2020 Tanmoy Ibrahim Economy

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