#1. After six straight lows, India’s quarterly GDP growth finally trended upwards to 6.3% in the quarter ending September 2017 — a significant uptick from the 5.7% the economy had registered in the previous quarter. The real silver lining is not so much the GDP number itself, but the fact that manufacturing growth accelerated as warehouses restocked after the twin disruptions of demonetization and GST implementation.
Arun Jaitley is hopeful that the impact of those two structural reforms is now “behind us and hopefully, we can look for an upward trajectory in the third and the fourth quarter.” A pragmatic, unexceptional statement from the FM, that contrasts with the chest-thumping of the BJP-leaning sections of the media, led by the usual suspect:
For the two weeks that I have been away, I lived a pre-internet life. I consumed “news”, such as it is, through the morning papers and ignored the internet; I avoided calls except for a couple of absolutely urgent ones; I left messages unresponded to; I refrained from obsessively checking my mailbox, and limited mail time to 15 minutes at the end of each day.
In this time I went for long walks; I met a couple of friends for long conversations over breakfast/lunch; I caught up with my wife who, too, had put her phone away for the duration; I learned to breathe again.
Then, yesterday, I reverted to type. I scrolled through the main Twitter timeline and my curated news links; paged through the few dozen news websites I’ve bookmarked in my ‘dailies’ file; checked messages and DMs as they came in, and I realized just how much the internet shrinks the time and the mind-space available for everything else.