The Never Ending Inflation Battle

There seems to be no respite from high prices for the common man. Inflation based on the wholesale price index (WPI) inched up to 6.01% for May as against 5.20% for April and 4.58% in May 2013 due to higher prices of food articles. The main increase in food articles noticed in May compared to … Continued

Speech: President Mukherjee’s address to Parliament

Created using Wordle.net   President Pranab Mukherjee addressed the first session of both Houses of Parliament post the elections to the 16th Lok Sabha. IndiaSpend decided to analyse the words spoken by the President to see which “words” were spoken the  most or were referred to in his speech.  The above chart shows that the … Continued

Weekly Wrap: Look Carefully Where India’s Young Voters Are

  [Report] Look Carefully Where India’s Young Voters Are   Did India’s first-time voters really deliver in the 2014 Lok Sabha elections?The answer is no but there is another angle for the new Bharatiya Janata Party (BJP)-led Government under Prime Minister Narendra Modi to consider: states with relatively low development (defined below) also have a … Continued

Is Modi The Next Prime Minister of India?

  The Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) is tipped to form the next central Government with many exit polls projecting a clear majority for the coalition in the just-concluded Lok Sabha elections.   According to a report in The Hindu, the projections suggest that BJP is set to record its best-ever performance … Continued

Weekly Wrap: A Glance At Global Elections In May

  Some of our top-read articles of this week are given below.   [Cover Story]How Japanese Energy Demand Has Shut Down India’s Gas Plants India is currently facing a natural gas crisis.The country currently has over 21,000 MW of natural gas-fired power plants. This is a little less than 10% of the entire power generation … Continued

Two More Banks Take Total to 91

The Reserve Bank of India (RBI) has issued ‘in-principle’ approvals to infrastructure lender IDFC and micro finance institution Bandhan Financial Services to start new banks in the country.   The two entities will be the latest to join the private sector bank club and have been given 18 months to meet the conditions set by … Continued

RBI Leaves Rates Unchanged

Reserve Bank of India (RBI) has kept key interest  rates – the reverse repo rate or rate at which it lends to banks at 8% and the repo rate or rate at which it accepts funds from banks at 7% – unchanged in its first-ever bi-monthly monetary policy statement.   In an attempt to improve … Continued ...