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Thursday, August 14, 2025
TopicEconomic Crisis

Topic: Economic Crisis

India needs a financial crisis agency to handle impact of Covid and future disasters

The Financial Stability and Development Council was set up by the Indian govt to safeguard against crises, but its non-statutory status poses major limitations.

Rethink role of crisis cartels, as Indian industries face risk of overcapacity

The adverse impact of Covid-19 on the economy is expected to create structural overcapacity in the Indian industries, which can wreak havoc if left unchecked.

Half way into 2020, a new world order for the Covid era is emerging

The coronavirus crisis has forced governments to confront a health & economic crisis, a crisis of institutional legitimacy & heightening geopolitical rivalry.

Why R Jagannathan wants Gandhian economic model, Arvind Panagariya says trade will recover

Today's political, economic & strategic punditry from Uday Balakrishnan, Satish Deshpande, Rajeev Bhargava & more.

Dubai faces biggest risk from virus shock to economy in Middle East, Moody’s says

Dubai’s reliance on real estate, transportation and tourism makes the Middle East business hub the most exposed to the impact of coronavirus.

Lockdowns have dragged global manufacturing into a historic slump

Figures from Asia to Europe and the US show manufacturing taking a severe hit, with demand, employment and production all in decline.

These are the steps India has taken to contain economic fallout of Covid-19

From deferring loan repayments to injecting more liquidity in the banking system, the RBI has introduced a host of measures to stabilise the economy.

Modi govt shows no urgency to reform financial sector even after biggest bank failure

India urgently needs legislation to tackle bad loans while allowing banks to fail without inducing system-wide panic. But no legislation is imminent.

Why Modi proves strong leaders don’t always bother about good economics

Data & the feel after 6 years under PM Modi proves a strong leader doesn’t necessarily give us decisive economic leadership unmindful of immediate political risks.

Bengal’s anti-Modi crowd, BJP’s pro-CAA campaign & where is Nirmala Sitharaman?

The best cartoons of the day, chosen by the editors at ThePrint.

On Camera

Asim Munir wants to be guardian of the Middle East. He’s fated to fail at home

Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

India, US troops to undertake joint military exercise next month, first after Op Sindoor

21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.