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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: The knowns and unknowns about Modi 3.0

The BJP is down from its 2019 tally, but it is much closer to political power even after the 2024 losses than it used to be in the Vajpayee years

ANI Photo(MEA X)
Published on Jun 14, 2024 02:38 PM IST

HT interview: Capitalism’s crisis is that it’s not what it was meant to be, says Ruchir Sharma

Sharma says even though at the surface the American economy is doing relatively well, most Americans feel that the economy is moving in the wrong direction

Ruchir Sharma’s latest book What Went Wrong with Capitalism tries to answer why people are losing faith in capitalism.
Updated on Jun 14, 2024 06:16 AM IST
ByRoshan KishoreRoshan Kishore

India logs fall in inequality between 2011-12 and 2022-23, says govt report

The HCE report provides detailed information on consumption expenditure trends after more than a decade, with the last report released in 2011-12

The full report released Friday shows a fall in the Gini coefficient, a commonly used measure of inequality, for both rural and urban spending between 2011-12 and 2022-23(HT FILE PHOTO)
Updated on Jun 08, 2024 05:05 AM IST

Growth-inflation balance now favourable, says RBI

Analysts believe that the monsoon and the next government’s Budget will be the key factor which determines which interest rates start coming down

RBI Governor Shaktikanta Das addresses during a press conference regarding the monetary policy decisions, in Mumbai on Friday. (ANI)
Updated on Jun 08, 2024 05:30 AM IST
By, New Delhi

5 charts to summarise the results of 2024 Lok Sabha elections

The balance of power within the government will shift in favour of the allies rather than the centralised government which the BJP ran in 2014 and 2019

Prime Minister Narendra Modi with BJP president JP Nadda, TDP chief N Chandrababu Naidu, JD(U) chief Nitish Kumar and other leaders during a meeting of NDA at PM's residence, on June 5(PTI via X/narendramodi)
Updated on Jun 06, 2024 06:51 PM IST

Indian democracy’s epitaph writers and fairy tale weavers have lost, for now

Ask the BJP and it will tell you that all of Hindutva and anti-Muslim speeches were not enough to harvest a majority in the Lok Sabha nor a win in Ayodhya

Democracy, for the masses, is neither a hedge fund to be traded promiscuously, nor an endowment fund which can be used to make fortunes forever. (AFP)
Published on Jun 06, 2024 06:00 PM IST

Number Theory: Why was Modi's victory margin in Varanasi lower?

Rajiv Gandhi’s 1984 victory margin of 72.2% is the highest ever victory margin for a sitting prime minister contesting a Lok Sabha election.

Prime Minister Narendra Modi.(AP Photo)
Published on Jun 06, 2024 08:23 AM IST

How Akhilesh, not Tejashwi, won Mandal battle

Mandal vs Kamandal battle in UP and Bihar shifts in 2024. NDA dominates Bihar but faces major loss in UP. Charts explain the divergence.

SP chief Akhilesh Yadav in Kannauj on May 7. (ANI)
Updated on Jun 05, 2024 04:11 AM IST
By, , ​new Delhi

Explaining Cong’s bittersweet result in K’taka LS polls

The Congress added eight seats to its 2019 tally but the results are a let down from the party’s massive assembly election victory in May 2023

Explaining Cong’s bittersweet result in K’taka LS polls
Updated on Jun 05, 2024 07:56 AM IST

Understanding TMC’s surprise 29-seat romp in West Bengal

TMC's big victory in West Bengal in 2021 assembly elections was due to gaining seats in all sub-regions compared to 2019.

Mamata Banerjee, the chief minister of West Bengal and chief of Trinamool Congress (TMC), and her nephew Abhishek Banerjee. (Reuters)
Updated on Jun 05, 2024 07:23 AM IST

What explains the Congress’s bitter sweet result in Karnataka Lok Sabha polls

The BJP’s alliance with the Janata Dal (Secular) which might have led to a complete consolidation of the Vokkaliga vote behind the NDA.

The BJP removed BS Yediyurappa as the state’s chief minister before the 2023 assembly elections. (ANI)
Updated on Jun 05, 2024 05:18 AM IST

3 key factors to look at in today’s Lok Sabha results

Exit polls predict big win for BJP-led NDA in 2024 elections. Watch for trends in ENOP, BJP's performance in Tamil Nadu/Kerala, and impact on regional parties

Polling officials carry electronic voting machines at a distribution centre (AP)
Updated on Jun 04, 2024 08:21 AM IST

Number Theory: State of the economy – The opportunities and challenges

IMF projections suggest that India will account for 7% of the global GDP growth between 2020 and 2029.

Representational image. (Shutterstock)
Published on Jun 03, 2024 09:30 AM IST

How decade-long Modi regime has fared on growth indicators

Modi 2.0 has the lowest CAGR of GDP among all governments since Atal Bihari Vajpayee’s full-term government

How decade-long Modi regime has fared on growth indicators(PTI)
Updated on Jun 01, 2024 05:57 AM IST

GDP grows 7.8% in March qtr, full-year reading 8.2%

Indian economy grew by 8.2% in FY 2023-24, surpassing expectations, with fiscal deficit at 5.6%. Despite technical factors, economy shows resilience.

Union finance minister Nirmala Sitharaman summed up the development as a remarkable achievement of the Modi government (PTI)
Updated on Jun 01, 2024 05:39 AM IST
By, New Delhi

Number Theory: Can BJP do a hat-trick of wins in all 7 Lok Sabha seats in Delhi?

Except in 1967, 1989 and 1991, the party that won a majority of parliamentary constituencies in Delhi always finished first in the Lok Sabha nationally.

For representational purposes only. (HT Photo)
Updated on May 30, 2024 02:22 PM IST

Number Theory: SAD and its importance in Punjab's poll contest

The SAD fought the 2022 assembly elections on its own after walking out of the National Democratic Alliance on the issues of three contentious farm laws.

Shiromani Akali Dal president Sukhbir Singh Badal.
Published on May 28, 2024 07:47 AM IST

Number Theory: Can Congress stage a comeback in Haryana?

The BJP’s vote share in the 2019 Lok Sabha elections in Haryana was a massive 58%, the second highest in the history of the state.

For representational purposes only. (HT File Photo)
Updated on May 24, 2024 09:08 AM IST

Terms of Trade | A state-wise breakup of the 2024 contest

This column will attempt a breakdown of the national contest into six groups of large states, which have at least ten parliamentary constituencies.

People at an election rally in Chennai, Tamil Nadu on April 17. (AP Photo)
Published on May 23, 2024 02:50 AM IST

Can an elite-subaltern dialogue save the cause of secularism in India?

BJP’s current crop of leaders must be grateful to their predecessors for realising that the project of building a Hindu society had to be more representative

This edition of the column seeks to take on another such issue, namely, subaltern Hindutva. (Pravin Barnale)
Published on May 17, 2024 09:21 PM IST

Number Theory: Can BJP pull off a massive win in Uttar Pradesh again?

Every election is a new test, and opposition alliances have been shifting continuously in Uttar Pradesh since 2014.

Prime Minister Narendra Modi accompanied by Union home minister Amit Shah and Uttar Pradesh chief minister Yogi Adityanath in Varanasi. (ANI Photo)
Published on May 17, 2024 08:55 AM IST

Number Theory: Why Maharashtra’s electoral math is complicated

If the BJP got 30% of their combined votes, the BJP alliance would win 22 parliamentary constituencies in the state.

Representational image.
Published on May 16, 2024 08:59 AM IST

HT Explains: A 5-point FAQ on the Lok Sabha battle in Bihar

Bihar will play an important role in determining whether the BJP and the NDA retain their 2019 parliamentary strength nationally

Prime Minister Narendra Modi and Bihar chief minister Nitish Kumar during an election road show. (HT Photo)
Updated on May 16, 2024 07:30 AM IST

Number Theory: The JD(U) risk to the NDA in Bihar

How much will the JD(U) matter for the NDA’s performance in Bihar in these elections? Here are three charts which answer this question

Janata Dal United
Updated on May 15, 2024 09:29 AM IST

Number Theory: Will Madhya Pradesh be a landslide for BJP once again?

In 2023 Madhya Pradesh assembly elections, BJP won a massive victory against Congress. Is BJP all set to replicate its victory in 2024 Lok Sabha elections?

The BJP has been a dominant political force in Madhya Pradesh for a long time. (ANI Photo)(BJP media)
Published on May 11, 2024 08:58 PM IST

Terms of Trade | What explains the BJP’s polarising campaign in these elections?

Whether the leadership succumbs to the temptation of using authoritarian tricks to push for dominance has been the central question in Indian democracy

Thiruvananthapuram: BJP supporters wave the party flags during a roadshow ahead of the second phase of Lok Sabha elections, in Thiruvananthapuram, Wednesday, April 24, 2024. (PTI Photo) (PTI04_24_2024_000275B)(PTI)
Published on May 10, 2024 08:30 AM IST

Number Theory: In Maharashtra, how BJP traded uncertainty for influence

The problem for the both the BJP and every other party in the state is that nobody knows how much support the NCP and Shiv Sena have with the factions.

Prime Minister Narendra Modi with Maharashtra Chief Minister Eknath Shinde, Deputy Chief Minister Devendra Fadnavis and others in Kolhapur. (PTI)
Published on May 08, 2024 08:40 AM IST

Number Theory: How BJP has changed Assam's political game

The Congress alliance’s seat share fell to just 21.4% in 2019 despite its vote share remaining relatively flat at 35.7%.

Assam CM Himanta Biswa Sarma with Prime Minister Narendra Modi in Guwahati. (PTI File Photo)
Published on May 03, 2024 09:37 AM IST

Number Theory: Regional dynamics in West Bengal politics

Even a small swing of voters from the TMC to BJP in Burdwan and Junglemahal sub-regions could help the BJP reclaim its 2019 advantage in these two regions.

Representational image.
Updated on May 02, 2024 08:51 AM IST
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