The financial stability RBI report highlights the resilience of the financial system and the rising asset quality of the commercial banks. Read more »
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 »
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 »
The Union government plans to introduce a bill in monsoon session of Parliament to facilitate stake dilution and privatisation of public sector banks (PSU Banks). Read more »
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 »
Persistently high inflation will require unpopular fiscal and monetary policy prescriptions as it could lead to undesirable outcomes such as stagflation and recession. Read more »
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 »
As the world continues to grapple with lifestyle diseases and antimicrobial resistance, microbiome research opens up enormous possibilities for health and disease management. Read more »
The biggest challenge for Jal Jeevan Mission is to address quality concerns about water supply and convince people to drink from taps. Read more »
Inability to take effective steps to mitigate climate change will lead to higher borrowing costs, impacting the financial position of several emerging economies. Read more »