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₹upee, a ₹eality check

Synopsis India is taking small steps to make the rupee a global currency. This aims to reduce dollar reliance and boost trade. However, past examples from China and Britain show that full currency convertibility is risky. Premature liberalization can lead […]

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GDP measurements: Undercounting services & quality in favour of goods & quantity needs a fix

Synopsis Current GDP measurements, primarily designed for goods, inadequately capture the value of services, which now dominate economies like the US and India. Experts suggest that this leads to a significant underestimation of true economic growth, particularly concerning digital services

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