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 | Congress has embraced Mandal but will it reap the rewards?

Mandal politics led to the BJP replacing the Congress. Even today, there’s no reason why the BJP won’t benefit from the demand for OBC reservation

This time, both the Congress and the Mandal parties have ended up supporting a bill brought by the BJP which not only does not have a provision for quota within quota for OBCs(ANI)
Published on Sep 22, 2023 03:25 PM IST

Number Theory: Household debt's role in India's growth story

This is the last of a 2-part data journalism series on household finances and Indian economy. The first discussed the latest fall in household savings in India

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Published on Sep 21, 2023 08:53 AM IST

Number Theory: Making sense of the fall in household savings

This is the first of a two-part story on household finances. The second part will look at the relationship between household debt and India’s economic growth

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Published on Sep 20, 2023 10:15 AM IST

Terms of Trade | Why Congress' trollification is bad for its political prospects

Ideological commitment, organisational perseverance and tactical clarity rather than just shrill rhetoric in social media echo chambers is the need of the hour

Can the Congress or the Opposition hope to win elections with bipartisan solidarity alone? (PTI)
Published on Sep 15, 2023 09:40 AM IST

Number Theory: Understanding August's CPI inflation numbers

While the headline number has come down compared to its 7.4% print in July, what is the larger economic picture around inflation in the economy?

Consumer price inflation exceeded the central bank’s target range for the second straight month (REUTERS)
Published on Sep 13, 2023 08:42 AM IST

August retail inflation 6.83% as veg prices ease, cereals up

The moderation in retail inflation in August was primarily driven by a (relative) easing of vegetable prices, with vegetable inflation falling from 37% to 26.1%

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Published on Sep 12, 2023 11:56 PM IST
By, New Delhi

Number Theory: Why the political future of TDP is at a crossroads

Chandrababu Naidu’s arrest by AP Criminal Investigation Department in corruption case raises questions about his and TDP's political prospects ahead of 2024

Chandrababu Naidu's arrest could be a crucial moment in Telugu Desam’s and Andhra Pradesh’s political trajectory(File Photo)
Updated on Sep 12, 2023 06:39 PM IST

Number Theory: What African Union's inclusion means for G20

The 18th G20 leaders’ summit, under India’s presidency, decided to include the African Union as a permanent member of the multilateral body

Prime Minister Narendra Modi greets President of the Union of the Comoros and chairperson of the African Union (AU) Azali Assoumani after the Union became permanent member of the G20 in New Delhi (PTI/PMO)
Published on Sep 10, 2023 09:40 AM IST

Number Theory: India’s political economy story of the last decade – 2

This is the second of a two-part series on India’s political economy story in the last decade. The 1st part looked at the trend in blue-collar wages in India

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Published on Sep 08, 2023 12:28 PM IST

Terms of Trade | Making sense of Dravidian assertion 2.0

Hindutva’s rhetoric will tempt Dravidian politics to harden its own cultural rhetoric but the latter does not have the numerical strength to take on the former

Tamil Nadu chief minister’s son and minister for sports, Udhayanidhi Stalin on Saturday during an event in Chennai had said that ‘Sanathana Dharma must be eradicated like malaria and dengue’ (PTI)
Published on Sep 08, 2023 09:38 AM IST

Number Theory: India’s political economy story of the last decade – I

This is the first of a two-part series on India’s political economy story in the last decade

File photo(File photo)
Published on Sep 07, 2023 07:10 AM IST

Number Theory: An oil slick over govt's fiscal plan for elections?

The government’s balancing act between inflation and fiscal prudence could become even more difficult

The price of India’s crude oil basket (COB) climbed to $89.8 per barrel on September 4
Published on Sep 06, 2023 07:34 AM IST

Number Theory: Will ‘One Nation, One Election’ help the BJP?

A look at how the ‘One Nation, One Election’ move will play out for the BJP

The concept of One Nation, One Election has been floated several times before.
Updated on Sep 05, 2023 04:37 AM IST

Number Theory: Four charts which explain latest GDP numbers

A look at the key takeaways from the GDP numbers released on Thursday.

India’s GDP grew at 7.8% in the quarter ending June 2023
Updated on Sep 01, 2023 01:21 AM IST

Q1 growth at 7.8% as Indian economy braves headwinds

To be sure, almost all projections, including RBI’s, expect the annual growth number for 2023-24 to be lower than the June quarter numbers

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Updated on Sep 01, 2023 12:01 AM IST
By, Rajeev Jayaswal, New Delhi

Terms of Trade | The class-differentiation in India’s economic dynamism

New research by a SOAS economist on occupational mobility in 2005 and 2011-12 shows the simultaneous creation and destruction of millions of jobs in the economy

This edition of the column is inspired by one of Gandhi’s many videos where he was talking to a vegetable seller from Azadpur market in Delhi.
Updated on Sep 01, 2023 11:26 AM IST

Key takeaways from the reduction in LPG prices

A look at what the decision to decrease LPG cylinder price by ₹200 may mean.

PMUY consumers now get a subsidy of <span class='webrupee'>₹</span>400.
Updated on Aug 30, 2023 11:56 PM IST

Watch out for the ‘statistical boost’ in the GDP numbers

A look at why GDP number may need to be taken with a pinch of salt.

A Bloomberg poll of economists has forecast forecast 7.8% GDP growth.(AP file photo)
Published on Aug 30, 2023 11:24 PM IST

Gig work can’t fix India’s long-term job challenge

There are growing concerns about the physical and mental well-being of workers in the gig economy.

Gig workers wait in line to collect their delivery order outside a mall in Mumbai, India, August 10, 2023. REUTERS/Francis Mascarenhas(REUTERS)
Updated on Aug 30, 2023 02:21 AM IST

Nine years of Jan Dhan Yojna: A macro analysis

Nine years after it was rolled out, there are more than 500 million PMJDY accounts in the country with a total balance of ₹2.04 lakh crore in the accounts.

People at a bank in Patna. (HT Photo)
Updated on Aug 29, 2023 04:49 AM IST

Terms of Trade | A three-point solution to India’s food market chaos

Governments sync promises to assuage farmer anger with the election cycle. There are alternatives to this cynical political economy of agricultural markets

Barring stray incidents of sharp rise in crop prices, a rise across the board is even rarer, farmgate prices are either non-remunerative or simply devastating for farmers(Parveen Kumar/Hindustan Times)
Published on Aug 25, 2023 03:29 PM IST

Four charts which explain the politics and economics of inflation

Understanding the problem of price rise in the country

Food prices are behind the recent price rise.
Published on Aug 22, 2023 11:44 PM IST

The rise and rise of white-collar salaried aristocracy in India

An HT analysis shows that the real economic winner over the last decade has been the white-collar salaried workforce

A look at what ITR data shows about the white-collar salaried workforce.(File photo)
Published on Aug 21, 2023 11:59 PM IST

Can world’s third largest economy carry the weight of its greatest democracy?

Given the skewed nature of growth benefitting a very small part of the population, a rise in GDP may be unable to provide minimum entitlements to all voters

PM Modi said that India will emerge as a developed country by the time it completes 100 years of its independence. This is a far more controversial and unlikely claim that India’s GDP becoming the third largest in the world in the new few years(Representative image)
Published on Aug 18, 2023 10:35 AM IST

Retail inflation swells to 7.44%

India's retail inflation surged to 7.44% in July, driven by higher prices of vegetables, cereals, with food inflation at its highest level in 39 months.

Inflation in cereals – their share in CPI basket is 9.7% compared to 6% for vegetables – is at 13.04% in July 2023.(HT_PRINT)
Updated on Aug 14, 2023 10:48 PM IST
By, New Delhi

Terms of Trade | Lessons from a Maoist balladeer’s state funeral

Maoist ideologue Gummadi Vittal Rao's death is a reminder of a time of feudal violence. Why do we not see such radical political figures/movements today?

People in large numbers take part in the funeral procession of late folk singer Gummadi Vittal Rao, popularly known as Gaddar, in Hyderabad on Monday. (ANI Photo)(Mohammed Aleemuddin)
Published on Aug 11, 2023 09:07 AM IST

RBI keeps status quo on rate, ups inflation target

Analysts see MPC’s communication as “modestly hawkish” and believe that RBI’s future course on monetary policy is likely to take a data dependent course.

RBI governor Shaktikanta Das(ANI )
Updated on Aug 11, 2023 12:09 AM IST

India’s laptop import restrictions is not a bad move

A look at why the decision to impose an import license on computers, if implemented intelligently, may not be a bad move

The government, last week, issued a notification announcing the introduction of import licenses for laptops, personal computers and servers.
Published on Aug 08, 2023 12:42 AM IST

Terms of Trade | Sectarian politics and its statistical hubris

Dismissing growing concern around incidents of sectarian violence by citing other numbers for communal harmony is a wrong application of statistical law

Paramilitary personnel stand guard in Haryana's Nuh as curfew is imposed. On Monday, large-scale violence erupted after a religious procession led by myriad Hindu groups passed through a Muslim-dominated town in the Nuh district of Haryana.(ANI)
Published on Aug 04, 2023 09:08 AM IST

Nuh: A troubled district to a communal tinderbox?

A look at why Haryana's Nuh district may become a communal tinderbox which may polarise politics.

Communal violence has gripped Nuh since July 31.
Updated on Aug 02, 2023 12:48 AM IST
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