3 decades ago, half the people in India had incomes greater than $2.15 a day. Today 7 out of 8 do. Unemployment, though, remains a problem with no easy answer to providing well-paying jobs.
Economic consequences of multiple, random elements of disorder have been disorienting. The cycle of events could even end the Chinese super-growth story, which could benefit India.
As more countries step away from globalisation, prices will get steeper. A world less economically connected is one in which disruptions and conflict are more possible.
The oil-based fragrances derived from flowers & herbs slipped in preference as Western perfumes flooded markets. In their contemporary form, attars are more than old wine in new bottle.
The pandemic has caused destruction of India’s economy, health system, and widened gender gap. Globalisation has weakened our ability to deal with crises.
Cross-border problems — climate change, terrorism, etc — in a more integrated world are forcing nations to come together, even as elements of traditional globalisation lose traction.
In ‘Redesign the World’, Sam Pitroda argues that hyperconnectivity and Covid-19 have offered a unique opportunity to redesign the world to meet future challenges.
The drop in international commerce was quick and steep during the first Covid lockdowns, but a rebound fueled by emergency fiscal and monetary stimulus has been almost as sharp.
Since 1979, Iran has used the Palestinian issue as a façade for its regional agenda to oppose American diplomacy, the Western world, and the existence of Israel.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.
Congress is silently acknowledging it over-read verdict of last general election. You can see it in easy concession to SP. It will likely be more reasonable in Maharashtra & Jharkhand.
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