Asymmetry between growth and wage employment brings out the trap the Indian economy is unable to get out of. Rising stocks cannot stem it. Uddalok Bhattacharya explains
Neelkanth Mishra says: While portfolio equities grab headlines, they were just 15 per cent of cross-border flows in the last decade. Flows are dominated by foreign direct investment
Reduced dependence of companies on China does not mean the coast is clear for India. Prosenjit Datta explains
Higher growth in employment than that in GVA implies a fall in labour productivity in the September quarter, says Mahesh Vyas

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