Macro data, policy analysis, and the persistent gap between what the numbers say and what they mean for the people living inside them. Uncoloured. AI-assisted.
Two former RBI governors. One month. The same diagnosis. What Subbarao and Rajan are really saying about India's structural flaws — and why the GDP number is not the answer.
India raised more from a three-month NRI deposit scheme than it attracted in net FDI over four years. That is not confidence. That is a confession.
GDP grows at 7.8%. Real wages haven't moved in a decade. Both numbers are true. Here is why they can coexist.