The Great Depression was not simply the stock market crash of 1929. It brought profound cultural, social, and political changes to the world, from Minneapolis to Mumbai.
The Bloomberg’s Misery Index tallied inflation and unemployment outlooks for 60 economies. Almost all the economies surveyed are projected to be more miserable this year.
How many migrants will risk another life-and-death experience? Will employers be forced to offer better terms to get them back? The future invites many questions.
IMF predicts the worst recession for world economy since Great Depression due to the Covid pandemic. India’s situation is more precarious with a ‘masterstroke’ Modi at helm.
IMF’s outlook is for partial recovery in global economy in 2021 if pandemic fades in second half of this year to allow a gradual lifting of containment measures.
Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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