Economic growth

A state that is unable to pay itself cannot defend its citizenry, maintain its infrastructure, or enforce its commitments. In this way, the Arthashastra represents an early expression of what contemporary economists refer to as 'state capacity', the institutional capability of governments to convert policy intent into actual results.

At its core, GDP is not a directly observable number but an estimate constructed from multiple data sources, surveys, and statistical techniques. In a country like India, where a significant portion of economic activity occurs in the informal sector, measuring output with precision is inherently challenging.

Today, India is growing rapidly, around 7 per cent annually, yet no one credits Hindu culture for this success.

Apparently, Trump ‘dead economy’ jab is as rooted in reality as his claims of ending Russia-Ukraine war within 24 hours of becoming President.

Last decade has seen the ‘double engine government’ of NDA, in Assam and the Centre, lead to an unprecedented development for the region.

In a significant boost to investor confidence, S&P Global Ratings has upgraded India’s long-term unsolicited sovereign credit rating to ‘BBB’ from ‘BBB-’, while also raising the short-term rating to ‘A-2’ from ‘A-3’.