A rise in the unemployment rate from 4.8% to 5% may appear to be statistical noise. At first glance, it is a decimal-point movement that might seem more significant to economists than to the man in the street. But numbers rarely speak in isolation.More important than this small uptick is the c...
On 17 February 2026, Finance Minister Thangam Thennarasu presented the Tamil Nadu Interim Budget for 2026–27. With the State Assembly elections scheduled later this year, the government opted for an interim budget for the Financial Year (FY) 2026–27.The interim budget seeks to maintain fiscal di...
In India’s economic lexicon, a vibrant new term is capturing the imagination of policymakers, entrepreneurs, creators and investors alike - The Orange Economy.In the Union Budget 2026-27, the Government of India formally recognised the Orange Economy as a key pillar of future growth and job creati...
The month of February 2026 witnessed the introduction of revised series for two key macroeconomic indicators of the Indian economy: (i) the Consumer Price Index (CPI) and (ii) the Gross Domestic Product (GDP) index. Both the revised series have incorporated the improved estimation procedures includi...
West Bengal’s Finance Minister Chandrima Bhattacharya presented the State Budget for 2026–27 on 12 February 2026. The total expenditure, or size of the Budget for FY 2026–27, has been pegged at ₹3.89 lakh crore. This is about 14% higher than the revised estimate for 2024–25.Some important ...
Kolkata reclaimed its place as a hub of global intellectual exchange on Tuesday as diplomats, scholars, journalists and students gathered for an International Conference on the Indo-Pacific, jointly organised by the Tagore Institute of Peace Studies (Tips) and the Public Policy & Research Divisi...
The Indian banking system has made a strong post-pandemic recovery, with credit growth significantly outpacing deposit mobilisation over the past two decades, according to a report by SBI Research.The study highlights a broad-based expansion in bank balance sheets and a rise in financial intermediat...
India’s medical tourism sector is projected to grow at a CAGR of 21.1% between 2020 and 2027. According to the Economic Survey 2025–26, medical and wellness tourism is emerging as a major growth driver, supported by India’s cost advantage, skilled healthcare professionals, and robust infrastru...
India’s economy is often described as one of the fastest-growing in the world. Yet beneath this impressive surface lies a quieter and more troubling reality. India has grown, but it has not fully transformed. The gap is not one of ambition or talent — it is structural.Most successful develo...
As economies confront rising inequality, climate change, and social instability, the limitations of GDP have become increasingly clear. From Bhutan’s Gross National Happiness to New Zealand’s Wellbeing Budget, governments are redefining prosperity by focusing on what truly matters: human welfare...