The Times of India

Not the freebies, stupid! What Bihar’s voters know and pundits don’t

Bihar’s surprising landslide victory for Nitish Kumar’s NDA is attributed to coalition expansion and voter focus on good governance, not just freebies. Despite perceptions of stagnation, Bihar’s economy shows significant growth, driven by construction and central govt investments. Out-migration, often seen as a problem, is actually boosting rural wages and remittances, paving the way for […]

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Why I am an Opt’AI’mist: Human ingenuity has a fine track record, it should keep rogue tech in check

Experts warn of AI extinction risks. However, history shows past predictions of doom, like resource scarcity and nuclear winter, did not materialize. Human ingenuity and market adaptation proved resilient. The Simon-Ehrlich bet exemplified this. Genetic engineering also overcame initial fears. While AI presents new challenges like disinformation and misuse, human creativity remains a powerful resource.

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India wants rupee to be global currency. China’s experiment should offer a stark warning

RBI’s small steps like last week’s to internationalise the Rupee are ok, but don’t think of full convertibility now, the columnist says. Here’s why All countries envy the dollar’s pre-eminence in finance and trade. The vast majority of trade and investment deals are denominated in greenbacks even when the US is not a party to

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India can attract far more foreign investment, so why doesn’t it?

To achieve that we need second-generation reforms in politically difficult areas like labour, environment, and land acquisition. But even first-generation reforms—lifting controls and permits—are far from complete Foreign investors see impressive things in India. It is the fastest-growing major economy, with political stability, a young population, a large domestic market, and robust growth prospects. Yet India

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Slowdown scare to ‘miracle economy’, India’s growth defies pessimists

The Indian economy is performing well. Recent growth figures have surpassed expectations. Despite concerns from economists and potential trade impacts from the US, India’s GDP continues to rise. The nation’s resilience is evident amid global uncertainty. The Indian economy keeps surprising analysts on the upside. It grew at 7.4% in the Jan-March quarter, contradicting those

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Sorry economists, the foreign policy experts are right on Trump

The experts advocate a firm stance, urging India to resist yielding to pressure to abandon its independent foreign policy, particularly regarding Russia. Countermeasures, like reconsidering US arms purchases and leveraging pharmaceutical patents, are proposed to demonstrate resolve and protect India’s interests. According to German newspaper Frankfurter Allgemeine Zeitung, PM Narendra Modi apparently declined to take

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