The fall in unemployment rate does not indicate an economic recovery, but an increase in the availability of employment after the easing of lockdown measures. Read more »
Several states tried to ban single-use plastics, but the results were far from encouraging because of industry pushback. Read more »
The looming global recession may be far more serious than anything the world has witnessed since the Great Depression, and could last more than 12 months. Read more »
The RBI may not intervene aggressively to boost the weak rupee, but it may step in to reduce volatility. Read more »
With both wholesale and retail inflation benchmarks on an upward spiral and the US Fed signaling more interest rate hikes, the RBI may effect aggressive increase in policy repo rate. Read more »
As a democracy, India will have an advantage in the new economic order if it manages to reorient its domestic policies to promote human rights and ecological wisdom. Read more »
At the WTO ministerial conference in Geneva, India has vowed to oppose the continuation of a moratorium on duties on cross-border electronic transmissions that has been in place since 1998. Read more »
India's opposition at the WTO ministerial on the renewal of the moratorium on e-commerce taxes could be counter-productive as the lapsing of the ban may affect businesses recovering from Covid-19. Read more »
Tobacco regulation should help people who want to stop the habit of using products that are harmful to health and allow them to embrace less harmful products. Read more »
The Reserve Bank of India (RBI) raises inflation projection for the financial year to 6.7%, retains growth forecast at 7.2%. Read more »