India’s coal riddle: Surging imports despite huge reserves

Quality issues and an inability to ramp up domestic production force India to import coal despite exorbitant global prices. Read more »
rupee depreciates against dollar

Falling rupee threatens to deplete forex reserves, trigger hyperinflation

A strong dollar and unabated foreign portfolio investment outflows could see the rupee plunging to Rs 82 against the greenback this financial year. Read more »

West looks to counter China with BRI rival

The G7 Summit last week flagged off Partnership for Global Infrastructure and Investment, a $600 billion plan to counter China’s Belt and Road Initiative (BRI). Read more »
food waste

Hunger games: Tackling the food waste menace

Food waste consumes a third of global production at a time when the world is facing a severe food shortage, says a BCG report. Read more »
record GST collections in June

Explained: High inflation, import surge behind high GST mopup

While the jump in GST collections augurs well for the economy starved of good news, most of the increase can be attributed to runaway inflation and the increase in imports. Read more »
RBI report highlights financial sector resilience

Positives in RBI report no defence against a recession

The financial stability RBI report highlights the resilience of the financial system and the rising asset quality of the commercial banks. Read more »

Weak rupee will have a cascading effect on the economy

The flight of capital to safe haven assets will see the rupee fall further, leading to a full-blown crisis for the Indian economy. Read more »
GST Council Meet

GST Council recommends rate hikes on some items, relief on others

The GST Council has decided to levy tax on hotel rooms with daily tariff up to Rs 1,000 and unbranded pre-packaged and labelled food items, making them more expensive. Read more »
Metal prices

Crash in metal prices foretells big economic crisis

A slump in metal prices simply means that businesses closely related with the industry such as home appliances, automobiles and construction have taken a hit. Read more »

PMGKAY: India may withdraw its free food scheme

The BJP-led Union government may find it difficult to withdraw PMGKAY as a significant section of India’s population still suffers from hunger. Read more »