Global food prices surged by 28% in 2021 compared to year before — highest in a decade, according to UN estimates. By May 2022, food prices were 60% higher compared to 2020.
Aggressive rate hikes will dampen demand & cause economic slowdown. In this uncertain scenario, India should avoid knee jerk policy responses & strengthen its macro-fundamentals.
The word stagflation is in vogue again as economies confront simultaneous prospect of low growth & high inflation. A misery index defines what people experience under this phenomenon.
Shaktikanta Das has to assure Centre that its borrowing program would get completed without pushing the 10-year yield much higher than the current level of around 7.5%, a 3-year high.
It’s hard not to link this problem with growth of income inequality in recent times. Far too many are earning far too little to support consumption growth of the kind economy needs.
Despite elevated inflation, many indicators suggest growth has remained resilient. The PMI points to sustained recovery in manufacturing sector, and GDP collections are still robust.
In conversation with ThePrint Editor-In-Chief Shekhar Gupta at Off The Cuff, former CEA K.V. Subramanian talks about the global economic crisis sparked by the...
The measures have been imposed to insulate the domestic market from higher international prices. But they could reduce incentives for producers to expand production in the long run.
The issue of inequality has assumed the blazing limelight at a time when inequality in India is said to be higher than it was in the British Raj. It's a ripe situation for half-truths and incendiary statements.
Speaking at launch of economist Surjit Bhalla’s book, S Jaishankar also highlights Gen Z’s engagement with ‘reel culture’, which has 'promoted awareness, created interest in many subjects'.
Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.
A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.
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