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Topic: Emerging economies

Urbanisation

India’s painful ‘stagflation’ is now spreading to other emerging economies

India may be witnessing the most glaring setback among emerging economies, but its double pain of slowing growth & surging inflation is spreading far and wide.

Has IMF’s Gita Gopinath made India a convenient scapegoat by blaming it for global slowdown?

The IMF has pegged India’s economic growth forecast to 4.8 per cent for 2019-2020, much less than its October 2019 projection of 6.1 per cent.
Representational image | Bloomberg

Remittances from abroad may save India from similar currency crash as Argentina’s

Estimates say India received $69 billion in overseas remittances last year, equivalent to almost 3 per cent of GDP.
Oil prices

Oil shock has already hit India and other emerging economies

India has some of the least affordable transport fuel in the world, with a gallon (3.8 litres) of petrol costing more than three-quarters of average daily income.

On Camera

Uttar Pradesh CM Yogi Adityanath addresses a BJP campaign rally for the upcoming Delhi polls Monday

Who does Yogi Adityanath fear the most? There’s method to Sanjay Singh sedition madness

AAP MP Sanjay Singh was involved in a survey conducted by the party in which 63% participants said the Yogi Adityanath government was ‘casteist’.
Gunny bags of onions | Dhiraj Singh/Bloomberg

Few onion trucks enter Bangladesh after partial clearance, over 200 still stranded

A Central Board of Indirect Taxes and Customs communique stated that only those trucks which received the 'Let Export Order' till 14 September can be allowed to cross the border.

Defence

An army convoy moving towards the Zojilla pass in Drass (representational image) | ANI

Army could induct ‘another division of troops’ in eastern Ladakh as China continues build-up

China is learnt to have not only continued with troop build-up but also brought in heavier-calibre weapons with longer ranges at certain LAC locations, including in the Northeast.
Illustration: Soham Sen | ThePrint

Suspect all, fix all? Is that the motto of our new ‘National Suspicion State’?

It’s not just Modi government or BJP, but even state governments, judiciary are getting caught in a ‘we suspect all’ mindset. Is India becoming a National Suspicion State?