Can governments allocate resources better than markets? India’s RDI Fund will form a case study

Mint has reported a new India-focused economy development: “Nifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 10 August.” The publisher's feed describes the story as follows: Indian stock market indices, the Sensex and the Nifty 50, are set to open flat amid rising Brent crude oil prices. The Sensex closed down 455.59 points at 78,499.17, while Nifty 50 settled at 24,570.65, reflecting cautious investor sentiment amidst ongoing market volatility. Intellec

Mint has reported a new India-focused economy development: “Govt considering raising CCEA approval threshold for FDI proposals to ₹15,000 cr: Report.” The publisher's feed describes the story as follows: The government is considering a proposal to raise threshold for foreign direct investment proposals requiring approval from the CCEA to ₹15,000 crore to improve India's investment climate, as per sources. Intellectual Janata Party includes this item for public-affairs discovery and context onl

NDTV has reported a new India-focused economy development: “Probe Agency ED Director Rahul Navin Gets 1-Year Extension.” The publisher's feed describes the story as follows: A 1993-batch Indian Revenue Service officer of the Income Tax cadre, 59-year-old Navin has been leading the federal anti-money laundering agency as its chief since September 2023. Intellectual Janata Party includes this item for public-affairs discovery and context only; readers should use the original publisher link for t

The Economic Times has reported a new India-focused economy development: “India can diversify exports away from US if 100% tariffs imposed, has $200 bn market in 15 other countries: Economist SP Sharma.” The publisher's feed describes the story as follows: India could diversify exports if the US imposes steep tariffs linked to Russian crude purchases, economist SP Sharma said. He estimates a $200-billion opportunity across 15 alternative markets for products India currently exports to the US, i