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Roshan Kishore

Roshan Kishore is the Data and Political Economy Editor at Hindustan Times. His weekly column for HT Premium Terms of Trade appears every Friday.

Articles by Roshan Kishore

Terms of Trade | What really happened in Haryana?

Hoodas are far from a liability for Congress, but they approached the elections with a sectarian agenda rather than widening the cordon sanitaire against the BJP

Gurugram, India-October 08: Workers and supporters celebrated the success of Bharatiya Janata Party in Haryana Assembly elections on Civil Lines Road at near John Hall, in Gurugram, India, on Tuesday, 08 October 2024. (Photo by Parveen Kumar/Hindustan Times)

Opinion

Published on Oct 11, 2024 05:04 PM IST

ByRoshan Kishore

Number Theory: Charting monetary policy since formation of MPC

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RBI set the stage for its first interest rate cut in four years, growing more confident that inflation will ease in the coming months.(Bloomberg)

Editors Pick

Published on Oct 10, 2024 10:19 PM IST

ByRoshan Kishore, Auhona Mukherjee, New Delhi

RBI holds rates, signals rate cuts

After 29 months of tight monetary policy, India's RBI signals potential rate cuts by shifting to a neutral stance, aiming to balance inflation and growth.

Reserve Bank of India (RBI) Governor Shaktikanta Das delivers the Monetary Policy statement, in Mumbai on Wednesday. (ANI)

India News

Updated on Oct 10, 2024 06:54 AM IST

ByRoshan Kishore, New Delhi

Number Theory: Congress's Haryana loss was less simple than it seems

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Congress leader Rahul Gandhi with party leaders Bhupinder Singh Hooda and Kumari Selja at an election meeting in Karnal on Sept 26(PTI)

Editors Pick

Updated on Oct 09, 2024 07:16 PM IST

ByAbhishek Jha, Roshan Kishore, New Delhi

Did PDP spoil BJP’s game plan in J&K?

A lot of anecdotal reporting was suggesting that independent candidates would damage the prospects of the NC-Congress alliance and make government-formation a complicated affair

India News

Updated on Oct 09, 2024 04:45 AM IST

ByNishant Ranjan, Roshan Kishore

What’s the big-picture message from the outcome of the polls?

The Congress entered into an alliance with the National Conference in Jammu and Kashmir for the first time since 1987

Prime Minister Narendra Modi gestures, at the BJP headquarters as the party celebrates its win in the Haryana assembly elections on October 8.
(Reuters)

India News

Updated on Oct 09, 2024 04:42 AM IST

ByRoshan Kishore

Number Theory: 3 charts that explain the Haryana, J&K election results

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The results are contrary to what most exit polls predicted: that the Congress would win Haryana while J&K would not give a clear majority to any alliance.

Editors Pick

Updated on Oct 09, 2024 09:55 AM IST

ByRoshan Kishore, Nishant Ranjan, Abhishek Jha, New Delhi

Number Theory: 3 things to watch out for in the 2 assembly election results

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Supporters of Congress party listen as their leader Rahul Gandhi speaks during a campaign rally of Jammu and Kashmir Assembly elections in Jammu(AP Photo)

Editors Pick

Updated on Oct 08, 2024 01:26 AM IST

ByRoshan Kishore, Nishant Ranjan

Number Theory: The method behind government's vacillations on rice export

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Editors Pick

Published on Oct 07, 2024 08:28 AM IST

ByRoshan Kishore, Auhona Mukherjee

Number Theory: Three crucial factors that will decide the Haryana elections

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Supporters at a pubic meeting addressed by PM Narendra Modi ahead of Haryana assembly elections in Hisar.(PTI)

Editors Pick

Updated on Oct 04, 2024 06:43 PM IST

ByNishant Ranjan, Roshan Kishore, New Delhi

Terms of Trade | Turbulent geopolitics calls for serious economics

The war in Europe and West Asia has opposite hypocrisies on part of the western countries with a fundamental asymmetry between the rhetoric and tangible support

Smoke billows amid the ongoing hostilities between Hezbollah and Israeli forces, as seen from Tyre, southern Lebanon October 4, 2024. REUTERS/Aziz Taher(REUTERS)

Analysis

Published on Oct 04, 2024 05:46 PM IST

ByRoshan Kishore

Number Theory: The state of consumer sentiment ahead of the festive season

Here is what an HT analysis of the data shows

Editors Pick

Published on Oct 04, 2024 10:21 AM IST

ByAbhishek Jha, Roshan Kishore

India’s economic miracle made it key in global reforms: Larry summers

Lawrence Summers forecasts India's economy could grow sixfold by 2047, emphasizing its role in global development and climate finance reform.

Lawrence H Summers (RAJ K RAJ /HT PHOTO)

India News

Updated on Oct 01, 2024 12:21 AM IST

ByRoshan Kishore

Number Theory: Has India’s labour market really improved post pandemic?

A comparison of the 2023-24 numbers with the 2018-19 (pre-pandemic) ones shows that the unemployment rate has almost halved

Unemployment, tax burdens amid poor facilities and peaking corruption plague Jammu. (File)

Editors Pick

Updated on Sep 27, 2024 09:16 AM IST

ByRoshan Kishore, Abhishek Jha

Terms of Trade | Can the socially retrograde turn economically progressive?

The political shift from socially progressive to regressive, and vice versa, is often, although not always, accompanied by a change in economic fortunes.

While a lot of left-leaning voices and politicians have hailed the Sri Lanka election results as almost revolutionary, there is also a dark side to this victory. REUTERS/Dinuka Liyanawatte (REUTERS)

Opinion

Published on Sep 27, 2024 08:00 AM IST

ByRoshan Kishore

Number Theory: Will welfare be a crucial plank in J&K elections?

What made Jammu & Kashmir unique among Indian states was the fact that it was the only Muslim-majority state in India.

An election officer applies indelible ink on the finger of a woman in the ongoing Jammu and Kashmir assembly polls.(Waseem Andrabi/ HT Photo)

Editors Pick

Published on Sep 25, 2024 08:13 AM IST

ByAbhishek Jha, Roshan Kishore

Economics has a monopoly problem, but possibly not because of Ivy Leagues

The real reason economics has not been able to make a positive contribution to the real world is due to political co-option and gatekeeping by the plutocracy

The real reason economics has not been able to make a positive contribution to the real world is not academic gatekeeping by the elite economists but political co-option and gatekeeping by the plutocracy across the world. REUTERS/Faith Ninivaggi//File Photo(REUTERS)

Opinion

Published on Sep 20, 2024 06:40 PM IST

ByRoshan Kishore

Number Theory: The Kisan factor in Haryana elections – II

Can the Congress harvest anger among farmers to capture power in Haryana after a ten-year gap?

Editors Pick

Updated on Sep 20, 2024 02:02 PM IST

ByAbhishek Jha, Roshan Kishore

Number Theory: The Kisan factor in Haryana elections - I

The first part looks at the importance (or lack of it) of farming in Haryana

Editors Pick

Updated on Sep 19, 2024 01:37 PM IST

ByAbhishek Jha, Roshan Kishore

Sitaram Yechury’s contradictions were captured by Mirza Ghalib, not Karl Marx

It is easy to criticise Yechury and his contemporaries. But it is important to appreciate that some of them embraced politics in the hope of changing the world

Sitaram Yechury, who passed away on Thursday was the most well-known contemporary communist leader in India (PTI photo)

Opinion

Updated on Sep 13, 2024 12:41 PM IST

ByRoshan Kishore

Number Theory: Haryana economy much ahead of Punjab's, but most residents poorer

How the economic fortune and, with it, the political economy of these two contiguous states has diverged in the latter half of the post-reform period in India?

Haryana’s economy surged ahead of Punjab in the post-reform period.

Editors Pick

Published on Sep 11, 2024 06:30 AM IST

ByRoshan Kishore

Number Theory: Does underreporting obscure scale of violence against women?

Violence against women may be misleading because of various factors. Is there a way to pinpoint the extent of such misreporting in India?

There are significant state-wise differences in underreporting of violence against women.

Editors Pick

Updated on Sep 07, 2024 10:19 AM IST

ByRoshan Kishore

Unlocking India’s economic fortunes requires shedding ideological blinkers

The ultimate economic wisdom in India is likely being lost in the cacophony of self-righteous arguments which are seeking gratification rather than the truth

Deep within, there is a deep sense of frustration and concern among the Indian economy watchers. The simple reason for this is that India’s current growth rate is just not enough to boost mass incomes for its 1.4 billion strong population, the majority of whom continue to face extreme economic precarity if not poverty. (Bloomberg)

Opinion

Published on Sep 06, 2024 06:26 PM IST

ByRoshan Kishore

Number Theory: How credible are official stats on sexual violence against women?

Official statistics show a wide divergence across states in crime against women

Editors Pick

Updated on Sep 11, 2024 12:24 PM IST

ByRoshan Kishore

India’s Q1 GDP growth below estimates at 6.7%

India's economy grew 6.7% in Q1 2024, slower than the 7.8% in Q4 2023. Strong investments and private consumption show resilience despite slower growth.

The latest GDP print suggests a significant loss of momentum in the Indian economy and could now soften the hawkish tone of a divided monetary policy committee (MPC) of the Reserve Bank of India (RBI). (Bloomberg)

India News

Updated on Aug 31, 2024 07:16 AM IST

ByRoshan Kishore, New Delhi

Number Theory: Can Champai Soren help the BJP in Jharkhand polls?

If the BJP has to wrest Jharkhand back from the JMM, it needs to focus on the larger challenge of undoing the tribal consolidation behind the JMM.

Former Jharkhand chief minister Champai Soren at the Birsa Munda airport in Ranchi.(PTI)

Editors Pick

Published on Aug 30, 2024 08:20 AM IST

ByRoshan Kishore, Nishant Ranjan

Why the Unified Pension Scheme is important and unimportant at the same time

Even though the fiscal implications are not exactly clear, the UPS is among the most important “reform” rollbacks in India’s history.

How is the UPS different from the NPS? The key difference lies in the fact that it has a minimum guaranteed pension amount (half of the last drawn salary)

Opinion

Published on Aug 28, 2024 08:00 AM IST

ByRoshan Kishore

Terms of Trade | What Poland tells us about ideology

History is replete with instances where politicians thought that the only contradictions that matter are what they have solved but are then proven wrong

A still from the 1991 Malayalam movie Sandesam.(YouTube)

Opinion

Published on Aug 23, 2024 05:32 PM IST

ByRoshan Kishore

Terms of Trade | The indignity of pursuing self-interest

The urban poor, when they come to cities, hope to achieve basic sustenance on a regular income, which they cannot ensure in a village or a smaller town.

Medical professionals and activists hold candles as they take part in a midnight protest to condemn the rape and murder of a young medic, in Kolkata on August 14, 2024 (Photo by DIBYANGSHU SARKAR / AFP)(AFP)

Opinion

Published on Aug 15, 2024 06:53 PM IST

ByRoshan Kishore

Number Theory: Core inflation, food basket, and the new targeting debate

Energy prices are an important driver of inflation in any modern economy, especially one such as India which is heavily import-dependent for its energy needs.

The respite from inflation, if one goes by RBI’s own projections, is only temporary. (HT File Photo)

Editors Pick

Published on Aug 14, 2024 10:40 AM IST

ByRoshan Kishore

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Roshan Kishore

Roshan Kishore is the Data and Political Economy Editor at Hindustan Times. His weekly column for HT Premium Terms of Trade appears every Friday.

Hoodas are far from a liability for Congress, but they approached the elections with a sectarian agenda rather than widening the cordon sanitaire against the BJP

.

After 29 months of tight monetary policy, India's RBI signals potential rate cuts by shifting to a neutral stance, aiming to balance inflation and growth.

.

A lot of anecdotal reporting was suggesting that independent candidates would damage the prospects of the NC-Congress alliance and make government-formation a complicated affair

The Congress entered into an alliance with the National Conference in Jammu and Kashmir for the first time since 1987

.

.

.

.

The war in Europe and West Asia has opposite hypocrisies on part of the western countries with a fundamental asymmetry between the rhetoric and tangible support

Here is what an HT analysis of the data shows

Lawrence Summers forecasts India's economy could grow sixfold by 2047, emphasizing its role in global development and climate finance reform.

A comparison of the 2023-24 numbers with the 2018-19 (pre-pandemic) ones shows that the unemployment rate has almost halved

The political shift from socially progressive to regressive, and vice versa, is often, although not always, accompanied by a change in economic fortunes.

What made Jammu & Kashmir unique among Indian states was the fact that it was the only Muslim-majority state in India.

The real reason economics has not been able to make a positive contribution to the real world is due to political co-option and gatekeeping by the plutocracy

Can the Congress harvest anger among farmers to capture power in Haryana after a ten-year gap?

The first part looks at the importance (or lack of it) of farming in Haryana

It is easy to criticise Yechury and his contemporaries. But it is important to appreciate that some of them embraced politics in the hope of changing the world

How the economic fortune and, with it, the political economy of these two contiguous states has diverged in the latter half of the post-reform period in India?

Violence against women may be misleading because of various factors. Is there a way to pinpoint the extent of such misreporting in India?

The ultimate economic wisdom in India is likely being lost in the cacophony of self-righteous arguments which are seeking gratification rather than the truth

Official statistics show a wide divergence across states in crime against women

India's economy grew 6.7% in Q1 2024, slower than the 7.8% in Q4 2023. Strong investments and private consumption show resilience despite slower growth.

If the BJP has to wrest Jharkhand back from the JMM, it needs to focus on the larger challenge of undoing the tribal consolidation behind the JMM.

Even though the fiscal implications are not exactly clear, the UPS is among the most important “reform” rollbacks in India’s history.

History is replete with instances where politicians thought that the only contradictions that matter are what they have solved but are then proven wrong

The urban poor, when they come to cities, hope to achieve basic sustenance on a regular income, which they cannot ensure in a village or a smaller town.

Energy prices are an important driver of inflation in any modern economy, especially one such as India which is heavily import-dependent for its energy needs.

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