Rakesh Jhunjhunwala, the share market’s prospects and IBC’s failure
Rakesh Jhunjhunwala asserted that investors shouldn’t be swayed by the inflation. Given the worsening NPA situation of the PSBs, can the markets stay safe?
Economy
Economy, according to Karl Marx, is the base over which the superstructure of the modern society stands. Without a comprehensive and critical analysis of the economy, its peculiar itinerary and the major issues that block its way ahead, we won’t be in a position to resolve the political or other problems.
What does the NSDL’s freezing of FPIs linked with the Adani Group imply?
The NSDL’s freezing of FPIs linked with the Adani Group has unearthed a can of worms, exposing crony-comprador capitalism’s unholy bond with fictious capital.
Unemployment crisis in India is rising while Modi regime cuts expenditures
As the unemployment crisis in India is rising, the Modi regime is cutting its expenditures below pre-COVID-19 years. Why this economic debauchery is allowed?
Contraction of the Indian economy: will FY 2021-22 bring any real change?
Has the contraction of the Indian economy stopped? Will India experience a double-digit economic growth from the FY 2021-22 onwards? Analysis shows the opposite
Adani’s wealth increase amid rising poverty reaffirms why capitalism is the pandemic
Gautam Adani’s wealth increase amid rising poverty and unemployment proved that the lockdown and the pandemic are actually beneficial for capitalists like him.
Keynesianism is unsustainable: a critical analysis
With the dislocation of the neoliberal normality by the COVID-19 pandemic, one has witnessed attempts by influential organisations and specific sections of the intellectual elite to resuscitate dormant ideas. Sudden support for Keynesianism is a good example of this. Instead of wholeheartedly accepting the post-pandemic plans being relayed by powerful groups, the Left needs to … Read more
The COVID-19 second wave is another blow to the Indian economy
As the COVID-19 second wave is ravaging different parts of India, the Indian economy is slipping to the stage of coma due to mounting inflation and unemployment
Mounting sugarcane dues issue and the BJP’s complicity
While total sugarcane dues to farmers has reached Rs 229 billion in India, 60% of the amount is due to sugarcane farmers of BJP-ruled UP.
UFBU’s bank strike success shows employees’ anger against privatisation
UFBU’s two-day-long bank strike on March 15th and 16th 2021 showed the bank employees’ vehement opposition to Modi’s privatisation agenda
Does Adani’s wealth increase amid an economic crisis justify farmers’ allegation?
Adani’s wealth increase amid the pandemic and economic crisis has surprised many. However it proves what the farmers have been alleging.
Petroleum and LPG price rise to impact the poor and the economy severely
Regular petroleum and LPG price rise is going to have severe impacts on the lives of the poor and the Indian economy’s scope of recovery.
SVAMITVA scheme: A debt trap for farmers that can’t be ignored
There is little discussion on the SVAMITVA scheme under which the farmers will be entrapped in debt and corporates are going to profiteer.
As per ritual, Nirmala Sitharaman omitted “unemployment” in budget 2021 speech
Nirmala Sitharaman omitted the term “unemployment” from her budget speech in 2021 just like she did in 2020. Why the government is doing this?
Union Budget 2021-22 is Modi’s anti-poor largesse for the corporates
The Union Budget 2021-22 is unsurprisingly another anti-poor and pro-rich propaganda budget from the Modi regime that has no economic solution
The Economic Survey 2020-21 exposes Modi government’s failures
The Modi regime’s Economic Survey 2020-21 is a deceitful exercise that has omitted all uncomfortable facts and present a rosy picture.
Modi and his US masters destroying agriculture and food security of India
How Modi, following his US-based masters’ diktat, is destroying India’s agriculture and food security to help big corporates to profiteer?
Air India, BPCL to SCI, Modi regime’s privatisation drive ruins people’s lives
Prime Minister Narendra Modi’s ruling Bharatiya Janata Party (BJP), facing a huge wave of popular dissent throughout the country, especially the farmers’ protest movement against pro-corporate farm laws, has entered a selling spree. The Modi regime’s privatisation drive, in the current phase, includes the central public sector enterprises (CPSEs) like the Air India, the Bharat … Read more
The paddy farmers of West Bengal: In a labyrinth of low MSP and accessibility
The paddy farmers of West Bengal are in an abysmal crisis due to lack of MSP and accessibility to the government’s procurement centres.
Potato cultivation in North Bengal: The analysis of a sheer crisis
Gloomy clouds hover over the lives of farmers involved in potato cultivation in North Bengal as input cost is soaring amid extreme volatility
India’s GDP contraction in the Q2 FY 2020-21 is alarming
India’s GDP contraction in the Q2 FY 2020-21 puts the country in the recession zone but the Modi regime remains nonchalant about the crisis.