TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    The Decline of Jat Political Dominance in North India: A Post-Dhankhar Reality Check

    The Decline of Jat Political Dominance in North India: A Post-Dhankhar Reality Check

    Yogi Adityanath Makes History, Becomes Longest Serving UP CM

    Yogi Adityanath Makes History, Becomes Longest Serving UP CM

    Centre Grants ‘Y’ Category Security to ‘Udaipur Files’ Producer After His Claims of Death Threats

    Centre Grants ‘Y’ Category Security to ‘Udaipur Files’ Producer After His Claims of Death Threats

    Karnataka Powerplay Spills Over To Delhi With A 'Babu vs Babu' Clash

    Karnataka Turf War Erupts in Delhi: CM vs DCM Aides Involved in Ugly Clash

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India Bans 25 OTT Platforms

    India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    How to Choose the Best Bank to Open a Savings Account in 2025

    How to Choose the Best Bank to Open a Savings Account in 2025

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    ‘Rudra’ Brigades Announced: Army Chief Unveils New All-Arms Force on Kargil Vijay Diwas

    ‘Rudra’ Brigades Announced: Army Chief Unveils New All-Arms Force on Kargil Vijay Diwas

    From 1999 to Operation Sindoor: Kargil Vijay Diwas Marks India’s Unyielding Defence Legacy

    From 1999 to Operation Sindoor: Kargil Vijay Diwas Marks India’s Unyielding Defence Legacy

    India Cautions Citizens in Cambodia Amid Tensions Along Thai Border

    India Cautions its Citizens in Cambodia Amid Tensions Along Thai Border

    “Operation Sindoor Ongoing, Military Must Maintain High Readiness”: CDS General Anil Chauhan

    “Operation Sindoor Ongoing, Military Must Maintain High Readiness”: CDS General Anil Chauhan

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

    China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

    Pakistan Backs Off: Islamabad Caves In on TRF After U.S. Terror Tag

    Pakistan Backs Off: Islamabad Caves In on TRF After U.S. Terror Tag

    From ‘India Out’ to Red Carpet Welcome: The Turnaround

    Modi-Muizzu Meet Yields Breakthrough Pacts, From ‘India Out’ to Red Carpet Welcome: The Turnaround

    Bail Rejected by Chattogram Sessions Court for Chinmoy Krishna Das

    Chinmoy Krishna Das Denied Bail Again Amid Growing Persecution of Hindus in Bangladesh

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Chola Legacy, Modi’s Message: Restoring Dharma in Tamil Political Discourse

    Rajendra Chola to PM Modi: Reclaiming Tamil Nadu’s Forgotten Hindu Civilizational Heritage

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    India Cautions Citizens in Cambodia Amid Tensions Along Thai Border

    India Cautions its Citizens in Cambodia Amid Tensions Along Thai Border

    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    Highest RTP Casino Games to Get Better Wins

    Highest RTP Casino Games to Get Better Wins

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    The Decline of Jat Political Dominance in North India: A Post-Dhankhar Reality Check

    The Decline of Jat Political Dominance in North India: A Post-Dhankhar Reality Check

    Yogi Adityanath Makes History, Becomes Longest Serving UP CM

    Yogi Adityanath Makes History, Becomes Longest Serving UP CM

    Centre Grants ‘Y’ Category Security to ‘Udaipur Files’ Producer After His Claims of Death Threats

    Centre Grants ‘Y’ Category Security to ‘Udaipur Files’ Producer After His Claims of Death Threats

    Karnataka Powerplay Spills Over To Delhi With A 'Babu vs Babu' Clash

    Karnataka Turf War Erupts in Delhi: CM vs DCM Aides Involved in Ugly Clash

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India Bans 25 OTT Platforms

    India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    How to Choose the Best Bank to Open a Savings Account in 2025

    How to Choose the Best Bank to Open a Savings Account in 2025

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    ‘Rudra’ Brigades Announced: Army Chief Unveils New All-Arms Force on Kargil Vijay Diwas

    ‘Rudra’ Brigades Announced: Army Chief Unveils New All-Arms Force on Kargil Vijay Diwas

    From 1999 to Operation Sindoor: Kargil Vijay Diwas Marks India’s Unyielding Defence Legacy

    From 1999 to Operation Sindoor: Kargil Vijay Diwas Marks India’s Unyielding Defence Legacy

    India Cautions Citizens in Cambodia Amid Tensions Along Thai Border

    India Cautions its Citizens in Cambodia Amid Tensions Along Thai Border

    “Operation Sindoor Ongoing, Military Must Maintain High Readiness”: CDS General Anil Chauhan

    “Operation Sindoor Ongoing, Military Must Maintain High Readiness”: CDS General Anil Chauhan

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

    China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

    Pakistan Backs Off: Islamabad Caves In on TRF After U.S. Terror Tag

    Pakistan Backs Off: Islamabad Caves In on TRF After U.S. Terror Tag

    From ‘India Out’ to Red Carpet Welcome: The Turnaround

    Modi-Muizzu Meet Yields Breakthrough Pacts, From ‘India Out’ to Red Carpet Welcome: The Turnaround

    Bail Rejected by Chattogram Sessions Court for Chinmoy Krishna Das

    Chinmoy Krishna Das Denied Bail Again Amid Growing Persecution of Hindus in Bangladesh

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Chola Legacy, Modi’s Message: Restoring Dharma in Tamil Political Discourse

    Rajendra Chola to PM Modi: Reclaiming Tamil Nadu’s Forgotten Hindu Civilizational Heritage

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    India Cautions Citizens in Cambodia Amid Tensions Along Thai Border

    India Cautions its Citizens in Cambodia Amid Tensions Along Thai Border

    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    Highest RTP Casino Games to Get Better Wins

    Highest RTP Casino Games to Get Better Wins

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

The Indian economy is soaring and the New York Times has finally accepted this fact 

Abhinav Singh by Abhinav Singh
13 November 2021
in Trending
New York Times, Modi, GDP
Share on FacebookShare on X

The historic bull-run of the premier stock indices of the country, a stabilizing banking sector, soaring GST collections, dizzying IPO valuations, and increasingly optimistic GDP forecasts by the global rating agencies have forced American left publication New York Times, notoriously known for its anti-India stance to wax lyrical about the country’s economic boom.  

Reportedly, in an article published in New York Times titled, “Stocks Soar in India, Luring Investors at Home and Abroad”, the publication, rather reluctantly admitted that the bewildering economic dividends were a direct result of the fiscal policies of the current Modi government.  

RelatedPosts

India’s GDP Growth Hits 105%, Set to Overtake Japan in 2025 and Germany by 2027

Calculated and precise: Decoding RBI’s Monetary Policy Outlook

Income Tax Calculator: Explaing Modi govt’s major tax relief for Middle Class

Load More

Modi’s fiscal policy, the difference: NYT

The op-ed read, “India’s booming stock market is drawing both local novices and global investors to shares of the financial, industrial and technology companies that dominate its listings. The MSCI India index is up about 30 percent this year — nearly twice the return of the global index — while India’s benchmark 30-share S&P BSE Sensex is up roughly 25 percent. Both have notched a seemingly relentless string of record highs, soaring on factors including simple demographics, governmental and fiscal policy and geopolitical changes.” 

Such has been the excitement surrounding the economic boom in India that even NYT could not contain its surprise at the mammoth IPO of Paytm that managed to generate over $2.5 billion. 

“The company (Paytm) hit its target of raising $2.5 billion — making the offering the biggest in the country’s history and valuing the company at more than $20 billion. The offering underscored the momentum of the financial and tech sectors in a country with a predominantly young population embracing digital start-ups.” 

A year ago, the same publication was churning reports that presented a dystopian picture of the land. In one of its articles titled, “Coronavirus Crisis Shatters India’s Big Dreams”, NYT wrote, “The country’s ambitions to become a global power, lift its poor and update its military have been set back by a sharp economic plunge, soaring infections and a widening sense of malaise.” 

Up until two months ago, NYT was following a similar stale trope, despite possibly having the biggest pool of intellectuals at its disposal. While numerous studies including one of Bank of America argued that India sat at the cusp of a multi-year Capex cycle, NYT took a gloom view of things.  

It argued, “The coronavirus continues to batter India’s damaged economy” despite the glaring evidence pointing otherwise. India quite miraculously has steered through a devastating second wave of the pandemic and came out stronger, sharper, and much more prepared for any future mishaps. 

Read More: India to experience at least a decade of good growth, thanks to PM Modi

But why is NYT praising India?

New York Times singing ballads of praise about the Indian economy without any caveat or snarky remarks is indeed a welcome development. Perhaps, the readers of the publication grew weary of reading ‘China watch’- a regular column in the newspapers like NYT where a pro-China image is plastered with the glue being the proverbial Chinese Yuan.   

As reported extensively by TFI, as China continues to reel under a crippling power crisis, aided by the high scarcity of ‘Coal’ — its steel, chemical, and textile factories are staring at a bleak future. While China has dug the hole for itself and its industries, it is India, that is set to benefit from the opportunity 

The steel industry has been clamped down in China. The Xi Jinping regime is likely to cut its steel output in the second half of this fiscal as well. Thus, the fall in China’s steel output and India’s imports of intermediate steel products would benefit Indian steel players. 

To worsen Beijing’s woes, the three main industrial Chinese provinces- Jiangsu, Zhejiang, and Guangdong that account for around a third of the economy of China, are facing power (electricity) cuts. Similarly, in Zhejiang, 160 industrial units including textile units had to be shut down.  

With China’s industries failing, we are looking at a huge socio-economic crisis in the country, where it will fail to fulfil all its basic needs from manufacturing basic industrial goods to producing consumer goods like textiles and supplying enough electricity to power and illuminate its households. 

Read More: The World turns to India for Steel and Chemicals amid China’s crippling power crisis and factory lockdown

Strong showing of the Indian economy

While China struggles on the economic front and NYT conveniently ignores reporting about it, India continues to ace new frontiers. As reported by TFI, India’s Goods and Service Tax (GST) revenue collection breached new heights in October as it stood at Rs 1,30,127 crore- the second-highest revenue collection, ever since the taxation system was introduced. 

The revenues for October were 24 per cent higher than the GST revenues in the same month last year and 36 per cent more than 2019-20. 

Read More: India’s GST boom bears testament to an economy that’s racing for the win

It’s not only at the GST front that India under the Modi government is hurtling through new barriers – the banking sector which forms the bedrock of the economy has been resuscitated as well. 

As reported by TFI, last month, global credit rating agency Moody’s revised the outlook for the Indian banking sector to stable from negative.  

The credit agency stated, “We have revised the outlook for the Indian banking system to stable from negative. The deterioration of asset quality since the onset of the coronavirus pandemic has been moderate, and an improving operating environment will support asset quality. Declining credit costs as a result of improving asset quality will lead to improvements in profitability,”  

Reportedly, the agency believes that aided by a stable banking sector, India’s economy will continue to recover miraculously in the next 12-18 months, with GDP growing 9.3 per cent in the fiscal year ending March 2022 and 7.9 per cent in the following year. Meaning, the GST collection, which just touched its second-highest revenues will hit new highs. 

The aim of a 5 trillion-dollar economy by 2025 might have taken a momentary beating due to the introduction of ‘unspecified virus of unknown origin’ but as is the case with any Indian success story, we tend to wear insults and expletives as a badge of honour. NYT, over the years, hasn’t shied away from taking a racist, xenophobic tone when it has come to India. However, such has been the ginormous size of our economy that even the America-based newspaper has had to evolve and mellow down. 

Tags: economic growthModi governmentThe New York Times
Share97TweetSend
Previous Post

Nisha Dahiya “Mritak” – How Liberals in India killed a living athlete to blame PM Modi

Next Post

Muslims run riot in Maharashtra for nearly two days. Media maintains silence

Related Posts

The Decline of Jat Political Dominance in North India: A Post-Dhankhar Reality Check
Analysis

The Decline of Jat Political Dominance in North India: A Post-Dhankhar Reality Check

28 July 2025

The resignation of Vice President Jagdeep Dhankhar has sent ripples across India’s political landscape, particularly within the Jat community....

Centre Grants ‘Y’ Category Security to ‘Udaipur Files’ Producer After His Claims of Death Threats
Legal

Centre Grants ‘Y’ Category Security to ‘Udaipur Files’ Producer After His Claims of Death Threats

28 July 2025

The central government accorded ‘Y’-category armed security cover of the Central Reserve Police Force (CRPF) to Amit Jani, the...

Karnataka Powerplay Spills Over To Delhi With A 'Babu vs Babu' Clash
Trending

Karnataka Turf War Erupts in Delhi: CM vs DCM Aides Involved in Ugly Clash

26 July 2025

A seemingly bureaucratic tussle at Karnataka Bhavan in New Delhi has exploded into a political storm, revealing widening cracks...

Load More

Comments 2

  1. Josh says:
    4 years ago

    It proves that sometimes it is possible to get ‘Ganga Jal’ from a crow’s ass.

    Reply
    • Krish says:
      4 years ago

      Thanks for giving your opinion after tasting it.!

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

Should the HR&CE Exist? The Controversial Control Over Hindu Temples in Tamil Nadu

Should the HR&CE Exist? The Controversial Control Over Hindu Temples in Tamil Nadu

00:06:31

Will India Buy F-35s from US or Build Su-57s with Russia? IAF’s Big Push Explained

00:08:32

PM Modi’s Blueprint for Tamil Nadu Begins at Rajendra Chola’s Capital Gangaikonda Cholapuram

00:07:57

One Woman. Two Brothers. Jodidaran- A Living Example of Polyandry in Himachal's Hatti Tribe.

00:05:32

Lashkar-e-Taiba on the Run from Muridke: Is Bahawalpur Becoming Pakistan’s New Terror Capital?

00:07:26
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap
MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY. FOR MORE QUERIES AND NEWS, CONTACT US AT info@mashablepartners.com


©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited