Economy

Nine Years After Demonetisation, Promised Economic Gains Remain Elusive

Nine years after Prime Minister Modi’s 2016 demonetisation move, the anticipated benefits of curbing black money, fake currency, and promoting a cashless economy remain largely unrealised, while millions of working-class continue to endure its economic impact.

Gold Prices Continue Unchecked Surge in Kerala, Near 1 Lakh per Sovereign

Gold prices in Kerala hit an all-time high of Rs. 97,360 per sovereign on October 17, marking a sharp rise of Rs. 2,440 in a single day.

Kerala’s Fiscal Position: Beyond the Rhetoric of Crisis

Despite repeated claims by national parties that Kerala is drowning in debt, a recent CAG report reveals a very different picture.

Kerala Records Rs. 70,916 Crore in New Investments Between 2021 and 2025

A recent study by the MSME Export Promotion Council reveals that Kerala is making significant strides in tourism, IT, MSMEs, and green energy.

How BJP Trapped Crores of Poor Women into Usury Under the Cover of Financial Empowerment

Modi’s credit schemes promise deliver debt and coercion. AIDWA exposes the crisis. Kerala’s Kudumbashree offers a proven, democratic alternative.

Kerala Slams Union Govt. Over GST Cuts, Faces Rs. 10,000 Cr Loss

Kerala Finance Minister K. N. Balagopal slams Union Government for slashing GST rates without consensus, warning of a Rs. 10,000 crore revenue loss.

GST Rate Cuts: A Political Ploy Undermining Federalism and Welfare

The recent GST rate reductions announced by Prime Minister Narendra Modi bypassed the GST Council, undermining state autonomy and prioritizing electoral gains over economic sense and public welfare.

Union Government’s Removal of Cotton Import Duty Sparks Farmer Outrage

The decision to scrap the 11% import duty on raw cotton from August to September 2025 has ignited fierce protests from India’s largest farmers’ union.

KSFE Achieves Rs. 1 Lakh Crore Milestone

Kerala State Financial Enterprises (KSFE) has reached an unprecedented milestone by crossing Rs. 1 lakh crore in business volume.

KFC Records Highest Dividend in History with Rs. 36.01 Cr Payout to Kerala Govt

KFC has declared its highest-ever dividend of Rs. 36.01 crore for FY 2024–25, by a record net profit of Rs. 98.16 crore and strong loan disbursements to MSMEs.

One Year After Chooralmala-Mundakai: Banks Chase Disaster-Hit Poor While Writing Off Billions for Corporates

A year after floods devastated Kerala’s Chooralmala and Mundakai, disaster-hit farmers and workers are hounded for small unpaid loans—while India's biggest corporate defaulters quietly walk away from tens of thousands of crores in debt.

Anil Ambani, Fraud Allegations, and the Mysterious Loan Haircuts: A Saga of Corporate Loot and Bank Failures

Anil Ambani’s Reliance Communications faces fraud classification by SBI amid controversy over loan write-offs and bank haircuts.

Britain’s Dark Shadow Over Indian Cooperatives

With the India–UK Free Trade Agreement, Britain gains greater access, domestic elites aligned with the BJP–RSS nexus are consolidating control over India’s cooperative institutions

Kerala Government Steps In to Protect Extreme-Poor Families from Property Seizure

To eradicate extreme poverty by November 1, the Kerala government is identifying and assisting loan-defaulting families at risk of property seizure.

Draining the Reserve: How the RBI Became the Government’s ATM

The RBI’s record surplus transfer of Rs 2.68 lakh crore to the Government of India for FY 2024–25 has drawn scrutiny.