Indian economy has more reasons to worry other than a looming global recession – a free-falling rupee, runaway inflation, ballooning trade deficit and sagging consumer demand are signs of trouble. Read more »
Between 1993 and 2012, Indian GDP grew at an annual average rate of 7%, but the top 1% earners walked away with about 30% of national income, leading to higher income inequality. Read more »
The current cost-of-living crisis warrants coordinated international action led by G20 nations to ensure high economic growth and productivity. Read more »
RBI’s move to allow trade settlement in rupees comes in the wake of India’s shrinking forex reserves and roadblocks to its trade ties with important partners. Read more »
India’s demographic dividend is at an inflection point -- from hereon, the share of the youth in population will fall while the share of elderly will surge. Read more »
GST regime: The initiative towards “One Nation, One Tax, One Market” was expected to shore up revenue collection in the country and to strengthen Centre-state relationship. Read more »
Quality issues and an inability to ramp up domestic production force India to import coal despite exorbitant global prices. Read more »
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 »
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 consumes a third of global production at a time when the world is facing a severe food shortage, says a BCG report. Read more »