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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

What we know about caste inequality in India | Number Theory

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An enumerator during Bihar’s caste survey in 2023. (Santosh Kumar/HT Photo)
Updated on May 05, 2025 08:33 AM IST
ByAbhishek Jha,

What can a caste census tell us? | Number Theory

While it will provide a lot of information which was not available earlier, the broad contours of India’s caste composition are not exactly unknown

An enumeratorcollects information for a caste-based census in Bihar.(PTI)
Updated on May 02, 2025 11:16 AM IST
By, Abhishek Jha

Terms of Trade: Mandal wins, por ahora

The announcement of caste census is a victory for the expanding OBC quotas, but it needn’t lead to electoral gains for Mandal parties and Congress.

An enumerator staff collects information from residents for a caste-based census in Bihar in 2023. (Santosh Kumar/ HT File Photo)
Updated on May 01, 2025 11:46 AM IST

TERMS OF TRADE: The world is fighting for the future, we are fighting the past

The Mandal-Kamandal conflict shapes Indian politics, reflecting caste and communal tensions, while economic challenges loom under global upheaval.

Named after the Commission headed by B P Mandal which recommended reservations for Other Backward Classes (OBCs), Mandal is a moniker for politics which pushes for rising assertion of OBCs (HT Photo)
Updated on Apr 18, 2025 12:58 PM IST

Trump tariffs will lead to a contraction in global trade: WTO

And if Donald Trump were to bring back his paused tariffs, which would also increase trade policy uncertainty, the contraction could be much larger

Donald Trump’s tariffs, as of April 14, will force a 0.2% contraction by volume in global trade in 2025, the latest Global Trade Outlook released by the World Trade Organisation on 16 April, said. (REUTERS)
Updated on Apr 16, 2025 06:44 PM IST

Karnataka’s broken political economy | Number Theory

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Karnataka chief minister Siddaramaiah (middle) with deputy CM DK Shivakumar and speaker UT Khader at the Vidhana Soudha in Bengaluru.
(ANI)
Published on Apr 16, 2025 08:45 AM IST
By, Abhishek Jha

FY25 retail inflation at 4.6% lowest since FY19

Inflation numbers positively surprised analysts in March with the headline CPI print coming in at 3.3%. A Bloomberg poll of economists projected this number at 3.5%.

FY25 retail inflation at 4.6% lowest since FY19
Published on Apr 16, 2025 07:38 AM IST

Number Theory: Can BJP-AIADMK alliance win in Tamil Nadu?

Can a BJP-AIADMK alliance win Tamil Nadu where elections are due in 2026? Here are four charts which answer this question

Union home minister Amit Shah with AIADMK general secretary Edappadi K Palaniswami, Tamil Nadu BJP president K Annamalai and others during a press conference, in Chennai, on Friday. (PTI)
Updated on Apr 12, 2025 09:16 AM IST

Terms of Trade: Why the world is missing the Soviet Union

The roots of ongoing economic turmoil are to be found in a strategic alliance between Chinese “socialism” and American capital.

A Chinese shipping cargo container at Long Beach, California on April 10. (AFP Photo)
Updated on Apr 11, 2025 12:35 PM IST

RBI cuts interest rate, lowers GDP forecast

RBI cuts policy rate to 6% amid global uncertainties, projecting 6.5% growth for FY26, signaling support for economic stability and lower inflation.

Reserve Bank of India (RBI) Governor Sanjay Malhotra makes a statement on RBI Monetary Policy during the 54th Monetary Policy Committee (MPC) on Wednesday. (ANI)
Published on Apr 10, 2025 07:22 AM IST
By, New Delhi

Terms of Trade: Blame Trump, but do not forget capitalism

Stopping Trump requires accepting that the rules-based order did not benefit everybody and the losers aren’t as invested in preserving it as the winners

Donald Trump is the master of practising the (political) dark art of running with the (non-rich) hares and hunting with the (super-rich) hounds. He claims to love the poorly educated and promises increasingly bigger soaps to the super-rich (AFP)
Published on Apr 04, 2025 02:21 PM IST

Trump tariffs: What it means for different countries

Lesotho faces the highest tariffs from Trump at 50%, while other countries like Vietnam and China also see significant increases, complicating trade dynamics.

Trump tariffs: What it means for different countries
Published on Apr 04, 2025 07:12 AM IST

Trump tariffs: What it means for U.S. growth

Trump's tariffs may boost US competitiveness, but retaliatory measures, higher prices, and policy uncertainty could hurt growth and lead to a global recession.

Trump tariffs: What it means for U.S. growth
Published on Apr 04, 2025 07:06 AM IST

Trump tariffs: What it means for globalisation

Trump's tariffs threaten globalisation, marking a shift from US-led trade liberalisation to a potential global trade war and rising protectionism.

Trump tariffs: What it means for globalisation
Updated on Apr 04, 2025 05:55 AM IST

Trump tariffs: What it means for India

Trump's new tariffs raise costs for Indian goods in the US, risking India's export market unless retaliatory measures are taken.

President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday.(AP)
Updated on Apr 04, 2025 06:22 AM IST

How Donald Trump decided the tariff for India

Some experts have suggested that Trump’s calculations of tariffs imposed by a specific country could have nothing to do with tariffs at all

US President Donald Trump
Updated on Apr 03, 2025 10:14 AM IST

Number Theory: Why “liberating” US will take more than tariffs

Trump is claiming that the move, its global disruption notwithstanding, will revive the fortunes of the American economy and its working people

File photo
Updated on Apr 02, 2025 09:46 AM IST

Behind the BJP’s booth-level revival in Delhi

In 2025, Delhi had a total of 13,766 polling booths across its 70 assembly constituencies with an average of 686 votes per polling booth.

Delhi BJP leaders with Lieutenant Governor Vinai Kumar Saxena. (Photo from X)
Updated on Apr 02, 2025 09:07 AM IST
ByAbhishek Jha,

Terms of Trade: Delhi Budget resurrects some questions on federalism

According to the Delhi Budget, the earlier AAP government ended up in the worst possible fiscal situation a government can have in an election year.

Delhi chief minister Rekha Gupta with the budget document at her office on Tuesday. (ANI Photo)
Updated on Mar 28, 2025 06:10 PM IST
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