Business/Economy
Inside the battle to save India’s telcos - Mobis Philipose, Mint
For years, the telecom industry helped successive governments line up their coffers. Now, things have come full circle, with the Prime Minister Narendra Modi-led government working on a relief package for the industry.
What if Reliance Jio's wish to see Vodafone-Idea, Airtel fall comes true? - Manu Kaushik, Business Today
The diatribe of the Mukesh Ambani-controlled Reliance Jio against its competitors Bharti Airtel and Vodafone Idea is growing louder. Jio, the most recent entrant in the sector, has asked the government that it does not have an option of going against the Supreme Court judgement and provide any relief sought by incumbents.
Why is Sensex rallying despite poor health of the economy? - Amit Mudgill, Economic Times
Equity benchmark Sensex has been hitting fresh record highs on a daily basis even as high-frequency macro-economic data continued to show acute pain in the economy. Sensex rallied for the seventh straight sessions to Monday but closed a notch lower on Tuesday. On Wednesday, it hit a new peak at 40,469, and added another 50 points in Thursday’s morning trade to top the 40,500 mark.
This is how India ruined its mobile phone companies - PR Sanjai and Ragini Saxena, The Print
When Arun Sarin, Vodafone Group Plc’s India-born former CEO, was charting the British telecommunications firm’s expansion into emerging markets in the mid-2000s, his home country with more than a billion potential phone users seemed a compelling choice.
These 20 countries will dominate global growth in 2024 - Alex Tanzi, Economic Times
The global economy, weighed down by tensions that have stalled international trade and elevated uncertainty, is expected to see slower growth in the next half decade across a wide swath of economies. China’s growth rate is expected to continue to slow, and will be a smaller driver to global GDP growth in the near term. China’s share of global GDP growth is expected to fall from 32.7% in 2018-2019 to 28.3% by 2024 -- a relatively steep 4.4 percentage point reduction.
Fuelling new partnerships - Uttam Gupta, Pioneer
Despite loud talk by successive Governments about increasing domestic production of oil and gas to make India self-sufficient in energy, we are producing less than 20 per cent of our requirement. The balance, over 80 per cent, continues to be imported. 
RBI reveals no Rs 2,000 note printed this year as NIA says high quality fake currency has resurfaced - Scroll
The Reserve Bank of India has stopped printing Rs 2,000 currency notes, The New Indian Express reported on Monday citing a Right To Information response. The Bharatiya Reserve Bank Note Mudran has not printed a single Rs 2,000 note this financial year.
Indians left with less money to spend after demonetisation; per capita income growth at 5-year low - Samrat Sharma, Financial Express
The downturn in economic growth has also hit the growth of individuals’ average income in India, forcing people to squeeze budgets. The per capita net national income grew at a meagre 5.6 per cent in the last financial year, which was at a 5-year low, according to RBI. The growth rates of per capita GDP and of net disposable income have also plummeted in the post-demonetisation years.
IMF explains why India's Economic growth is 'much weaker than expected' - NDTV
International Monetary Fund or IMF on Thursday said that India's economic growth is "much weaker" than expected due to corporate and environmental regulatory uncertainty and "lingering weakness" in some non-bank financial companies.
Supporting growth will remain RBI’s top priority, show minutes - Gopika Gopakumar, Mint
Members of the Reserve bank of India's Monetary Policy Committee at its rate review held on 7 August have agreed that supporting growth will remain their top priority in the midst of inflation remaining stable within the next one year, according to the minutes of the meeting released on Wednesday.
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