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Modi economic miracle falls flat

India has gone from being known as the world’s fastest growing large-economy to a country in the midst of a sharp economic slowdown. Jyotsna Singh discusses what’s gone wrong and what can be done to revive growth with Amy Kazmin, the FT’s South Asia bureau chief.


Contributors: Jyotsna Singh, Delhi reporter, and Amy Kazmin, South Asia bureau chief. Producers: Jyotsna Singh and Fiona Symon

 

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Deflation is a bigger fear than hyperinflation

A collapse in demand is reducing prices even as central banks print money




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Market froth and low inflation alarm some

It is always easy for central banks to find reasons not to act




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Deal of the week: Post Office Inflation Linked Bond

Timely relaunch allows savers to keep pace with the rising cost of living




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Santander Inflation Linked Savings Bond

Bond pays out 105 per cent on RPI




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Lagarde must resist pressure on inflation target

The new president should ensure governments grasp the interaction of fiscal and monetary policy




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The ECB should ditch its inflation target

Research shows that the policy has had an adverse effect on economic growth




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Trader: Deflation

The idea of dropping bank notes from planes to stimulate inflation will be forever associated with Federal Reserve chairman Ben Bernanke




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Can I force my stepson to repay money I lent him to buy his flat?

I am in the process of getting divorced from his mother




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What are the tax implications of selling half my flat to my younger sister?

I own a flat in London but I am looking to buy a house further out and commute every day




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Vogue Williams slams Khloe Kardashian flat tummy shake ad

Vogue Williams has hit out at Khloe Kardashian on Instagram for 'duping' fans into buying a flat tummy shake 'for the sake of a quick buck'.




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My haven: Louis Smith, the Olympic silver medallist and Strictly winner, 24, in the kitchen of his new flat in Peterborough

Food has been an essential part of my success, so healthy eating and cooking are important parts of my life and my kitchen is my second home after the gym.




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Kaley Cuoco's unflattering ensemble gets covered in slime at Kids' Choice Awards

The 28-year-old actress inevitably got slimed while presenting on stage alongside Pharrell Williams.




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Inside Ashley James' VERY funky flat complete with pink kitchen and Coachella-inspired outdoor area

The media personality, 32, has showcased the fruits of their labour in a series of photos of her vibrant London flat, purchased in August 2018.




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Louise Thompson admits her Made In Chelsea return left her 'deflated' and the show isn't for her

Louise Thompson has ruled out a permanent return to Made in Chelsea after admitting filming for the current series left her 'deflated.'




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Ed Sheeran spends £10million on five London flats, growing his empire to 27 properties worth £57m

Ed Sheeran has added five properties into his London portfolio, including two flats in Covent Garden and a pair of flats by the Battersea Dogs and Cats Home. His property value is now worth £57million.




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Man, 57, is arrested on suspicion of murder after body of woman in her 40s is found in a flat

The victim, a woman in her 40s, was found in the property in Reigate, Surrey shortly before 7am on Friday. Officers confirmed that the victim's next of kin have been informed about her death.




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Lily Rose Depp exhibits her flat stomach in a crop top in Romania 

Lily Rose Depp, 20, took a well-deserved break when she snapped photographs during her holiday, in Bucharest, Romania on Tuesday.




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Stacey Dooley and Kevin Clifton give a glimpse into their flat while they isolate together  

Stacey Dooley and Kevin Clifton gave a rare glimpse into their home life when she appeared on Saturday Brunch, with the dancing pro gatecrashing her video call.




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The $11 ultra-flattering Amazon leggings that shoppers are going crazy for

The Leggings Depot Soft and Slim leggings have been causing a storm on Amazon, with customers describing them as 'heavenly', 'buttery soft' and 'the BEST leggings I've ever owned.'




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Colombia striker Radamel Falcao flatters to deceive when it really matters as Chelsea target fires a blank against Venezuela

Will it be third-time lucky, or does bad luck strike in threes? Jose Mourinho is close to signing Colombia striker Radamel Falcao but there is the possibility he will follow in Fernando Torres' footsteps.




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BHA sets out plan to resume racing on May 1 with start of the Flat season

The BHA has indicated that Flat racing under restrictions will be the priority when the sport is allowed to resume with Summer jump racing fitting in when it can.




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Coronavirus UK: Jockey Club announce first four Classics of the Flat season will be rescheduled

New dates will now have to be sought for the four Classics, which are the 2,000 Guineas on May 4 and the 1,000 Guineas on May 5 at Newmarket, as well as the Oaks on June 5 and Derby on June 6.




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Flat season set for a later finish with new one-off format to decide 2020 champion jockey

EXCLUSIVE BY MARCUS TOWNEND: A one-off new format to decide the 2020 champion Flat jockey is set to be drafted to take account of the pandemic disruption to the season.




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Now that's service! Walmart manager personally comes to woman's home to fill her flat tire with air

The woman, in a video of the manager providing her with the unexpected personal service, and in a video of his good deed that's gone viral, later drove her car to the store to get the flat fixed.




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Transport for London worker lied he was gay to take council flat

Patrick Ofori-Sampong, 50, said he was gay to take over his alleged partner's property in London then tried to take possession of a man's home while claiming to be his adopted son.




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Airbnb landlord looks on in horror as doorbell CCTV shows 12 revellers sneaking into his flat

EXCLUSIVE: The landlord said he received a booking for the apartment in Notting Hill, London at around 9pm on April 18, and warned that only two people could be inside the property at once.




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Box of banned drugs left in kitchen of flat Alberto Salazar shared with Mo Farah

EXCLUSIVE: The extent to which Mo Farah's controversial former coach Alberto Salazar left the Briton exposed to potential embarrassment is revealed.




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The granny flat - but not as you know it 

Forget the 60s-style bungalow. Interior designer and TV presenter Sophie Robinson's annexe for her mum Claire is light, bright and totally modern   




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Newcastle new owners will 'exploit' the deflated post-coronavirus transfer market, reveals Redknapp

A deal worth £300million from Saudi Arabia's Private Investment Fund, Amanda Staveley and the Reuben Brothers to take control of the club from current owner Mike Ashley is close to being finalised.




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Hunger Games Catching Fire premiere: Jennifer Lawrence drowns her youthful figure in unflattering embellished 'Smarties' gown

Hunger Games Catching Fire premiere: Jennifer Lawrence drowns her youthful figure in unflattering embellished 'Smarties' gown




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Katy Perry flashes her flat tum and toned pins as she parties at Coachella 2014

The pop princess continued her bohemian sartorial display in a fun floral two-piece as she arrived at day three of the annual Californian music event at the Empire Polo Club in Indio on Sunday.




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Bella Hadid flashes her flat abs in slouchy stripes while Gigi mirrors her style in casual pinks

Bella and Gigi Hadid proved that sisters certainly share the same style when they stepped out in New York on Friday. While the ladies were out younger sister Bella flaunted her flat abs.




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Kim Kardashian flaunts her flat midsection and ample cleavage in bralette and sweats from her brand

On Wednesday, Kim Kardashian shared a sultry snap of herself while sporting a SKIMS bodysuit. She posted another racy image while wearing an item from her brand.




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AIIMS chief dampens the government’s celebration of ‘a flatter curve’⁠— warns that next 4-6 weeks are crucial in the fight against COVID-19

IANS“While the lockdown has helped in flattening the curve, the curve has not shown a downward trend. That is a cause for concern,” Guleria told The Indian Express.He also believes “the next four to six weeks will be very, very important because the lockdown cannot be there forever. The ideal, the dream would be to have zero cases.”Guleria believes “we are better prepared than we were before”, but the pandemic has to be “fought at the community level, not the hospital level.”Lav Aggarwal, the spokesperson, the Ministry of Health and Family Welfare, highlighted the fact that for the first time since the outbreak, India’s COVID-19 cases are doubling every 12 days. Which is a huge improvement since before lockdown began coronavirus cases were doubling every 3.2 days as of March 24. However, the




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Waleed Aly's joke about The Black Eyed Peas falls very flat

The Black Eyed Peas have jetted into Australia to perform at the AFL Grand Final on Saturday.




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How A-listers are bringing the face-flattering 'high pony' to the red carpet this awards season

The Critics' Choice Awards on Sunday night in Los Angeles saw a sea of high ponytails swishing across the red carpet as A-listers turned to a reliable old favourite for awards season.




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Rita Ora leaves her flat in London in the company of her video director

The singer, 29, cut a casual figure as she departed her home with the man, who wrapped up in a dark, oversized scarf on the way out.




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Simon Cowell wears inflatable shellsuits on planes to avoid germs, reveals close friend Sinitta

Friend and on/off lover Sinitta said she bought the blow-up contraptions for herself and the X Factor boss long before the coronavirus pandemic took hold.




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Trump hints at U-turn and support for indexing capital gains to inflation

Indexing involves taking inflation into account by recalculating an asset's original purchase price when someone sells it. That results in less profit and a lower tax burden.




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Donald Trump walks away from 'elitist' indexing capital gains to inflation

Purchasing a home for $200K in 1999 and selling it today for $600K would result in a capital gain of $400K; under current law $150K of that is taxable, even though $108K of that is solely due to inflation.




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Kendall Jenner flashes her flat tummy in her Calvin's while cuddling her new baby bunny on Insta

Kendall Jenner took to Instagram to show her 122 million followers a glimpse at her self-care routine in her undies, as well as her new pet rabbit on Friday.




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Little Mix star Leigh-Anne Pinnock falls flat on her face in a VERY muddy ditch

If Leigh-Anne Pinnock isn't posing on the sands of the Caribbean modelling her swimwear range, she's trekking through the muddy English countryside.




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Prince Harry and Meghan Markle 'give interviews to two journalists writing flattering biography

British-Iranian biographer and journalist Omid Scobie (pictured) planted his flag firmly in Meghan's camp soon after she became linked to Harry.




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New Zealand considers opening up its borders to Australia if coronavirus curve keeps flattening 

Deputy Prime Minister Winston Peters said there is a 'serious possibility' that New Zealand could open borders to Australia sooner than the rest of the world If the rate of infection continues to drop.




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Man, 57, is arrested on suspicion of murder after body of woman in her 40s is found in a flat

The victim, a woman in her 40s, was found in the property in Reigate, Surrey shortly before 7am on Friday. Officers confirmed that the victim's next of kin have been informed about her death.




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Kylie Jenner flaunts her pert derriere and her flat midriff in racy bikini snaps

She recently moved in to her $36.5 million Holmby Hills home. And Kylie Jenner shared another set of sizzling images from her mega mansion, this time rocking a patterned thong bikini.




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The VZ Fit will entertain you at the gym, but you will look even less flattering!

What could be more undignified than donning unflatteringly tight gym wear and cycling in a frenzy on an exercise bike? Answer: doing the same, but wearing a virtual reality headset




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Celebrity Apprentice star Aubrey O'Day hits a bum note as she displays her curves in a pair of unflattering bikini bottoms

The 28-year-old television star opted for a pair of retro-style high waisted bottoms that did nothing to flatter her voluptuous figure.




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Jeb Bush instructs New Hampshire voters to give him a hand - after an applause line falls flat  

Former Florida Gov. Jeb Bush tried to pull off a real barn burner of a speech in New Hampshire and when it didn't stick he informed the audience that it was time for applause. 'Please clap,' he said.