Economy

Economy

Greece Finally Ends its Bailout Phase: Many Questions Remain about Future of Economy

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Spread the love           Greek Prime Minister Alexis Tsipras proclaimed in an overly extended image that Greece had ended its painful Odyssey of eight years of crisis, against the backdrop of the harbour to which Odysseus is held to have returned after a decade of tortuous voyage. Few in Greece were taken in by the theatrics and […]


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India Wage Report of ILO: Some Hits, Many Misses

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Spread the love           The ILO report estimates that the real average daily wages in India almost doubled between 1993–94 and 2011–12 but fails to mention that the Indian GDP quadrupled between 1991 and 2011. The report rightly highlights that average daily wages in urban areas remain more than twice as high as wages in rural areas […]


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Bank Managers and Cashiers are bribed to get New Currency Notes for Making Wedding Garlands

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Spread the love           In an exclusive expose, Mahima goes into the by-lanes of Old Delhi to find out why the new currency notes are not reaching the mango people through ATMs. These are sold to the garland makers of the wedding market, obviously for a bribe. Read about it, in the regular column, exclusively for Different […]


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Modi Government Failed to Breathe Life into MSMES

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Spread the love           A study released by the Reserve Bank of India says that the MSME sector was already decelerating at the end of 2016 when the government came out with the demonetisation plan, which led to a further decline. An analysis for Different Truths. Micro, Small and Medium Enterprises in India have been suffering for […]


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Mamata Government Adopts Brazen Anti-Worker Stand

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Spread the love           If one visits the official site of Tea Board, one can see that tea prices are going up, exports are on the rise and profits of tea companies are booming in recent years. On the other hand, one hears of starvation deaths among tea garden workers and their Dickensian working conditions.  Activist Dr. […]


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There is no Health Devoid of Economic Wellbeing

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Spread the love           The public sector is now responsible for the preventive services, while the private sector, on the other hand, is taking lead in advanced tertiary care with a profit motive. We have seen an unprecedented growth of exorbitant corporate hospitals in the health sector. There have been reports of public reaction to their fleecing […]


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Phil: Nigeria is Alive to the Demands of an Emerging and Demanding Job Market

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Spread the love           In an extensive interview with Swati, Phil Diana Maduagwu addresses many queries about Nigeria as a middle-income, mixed economy and emerging market. A Different Truths exclusive. Phil holds a Master’s Degree in International Human Resources Management from the Cranfield University, UK, and a Master’s Degree in International Relations from the University of Benin. She is an alumnus of […]


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Foreign Policy of India Comes of Age under Modi: New Approach Focuses on Economic Benefits

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Spread the love           The Modi government certainly has not altogether reversed the path of the foreign policy followed in previous decades, as it is neither feasible nor desirable. No country’s foreign policy can be partisan, and there can never be a tectonic shift when governments change. It is a continuum, at best modifying the path followed […]


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Babus Put Together a Wishy-Washy e-Commerce Policy

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Spread the love           E-commerce is one of the trade channels enabling cross-border trade of goods and services. The Information Economy Report, 2017 of the UN Conference on Trade & Development (UNCTAD) said worldwide e-commerce reached 25.3 trillion dollars in 2015, a lion’s share of (90 per cent) which was in the form of business-to-business e-commerce with […]


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US Moves Away from Competition to Tariff Brinkmanship

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Spread the love           There was no sign of any concern on the part of the chambers regarding the dark shadows of an escalating trade war — like it possibly resulting in a global recession or the surplus Chinese goods getting dumped in the Indian market at cheaper prices or the general price increase in the US, […]


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