Finance and Economics

At the stroke of mid night of 14th August 1947, Pandit Jawaharlal Nehru in his iconic speech “Tryst with Destiny” invoked the dreams of Gandhiji, “to wipe away tears from every eye”. Nehru said “that may be beyond us but as long as there…

Eighty years back, John Maynard Keynes wrote “The boom and not the slump is the right time for austerity at the treasury”. As Indian economy gropes in recession, with GDP numbers plummeting to 6.1% and 5.7%, during the last quarters, the…