Towards an Indian growth model

The lasting contribution of Arvind Panagariya’s new book on the Nehru Development Model is likely to be the drawing out of the consequences of choices made including the inevitable corroding of institutions with persistent effects. Past distortions The bureaucratic structure set up for planning, forex allocation, industrial licensing, resulted in the infamous license-permit raj and…

UN demands probe as Israeli forces kill more people near aid site in Gaza | Israel-Palestine conflict News

Israeli forces have opened fire again on Palestinians seeking humanitarian aid from a distribution site in Gaza, killing at least three people and injuring more than 30, as the United Nations demands an independent investigation into the repeated mass shootings of aid seekers in the strip. The shooting erupted at sunrise on Monday at the…

Letters to the Editor dated June 2, 2025

Reference ‘Lenders push back on RBI’s proposed gold loan norms’ (June 2), RBI’s norms are welcome since they could move the ‘gold economy’ towards a formal structure. Loans must only be given against paper holdings/certificates certifying weight and purity. This will encourage more gold holdings to move from physical to certificate form and benefit the…

India, Paraguay explore new opportunities for cooperation in digital tech, critical minerals, agri: PM Modi 

India and Paraguay are looking at new opportunities to strengthen economic partnership in several areas, including digital technology and critical minerals, Prime Minister Narendra Modi has said. “We see new opportunities for cooperation in areas such as digital technology, critical minerals, energy, agriculture, healthcare, defence, railways, space, and overall economic partnership,” Modi said in his…