IEA projects sharp reversal from its earlier expectations, with global demand for oil in 2026 turning negative. Hormuz disruptions have pushed crude prices to $130 per barrel.
We now live in a world order that will keep shifting. India must use this window. This also means we remain disciplined enough not to be knee-jerked into reacting to what Pakistan sees as its moment in the sun.
Europe’s societies are ageing, their workers are supporting more retirees. Countries with lower wage costs are stealing their lunch. Public debt is becoming unsustainable.. This lurch to higher defence spending could not have come at a worse time for Europe.
Europe’s societies are ageing, their workers are supporting more retirees. Countries with lower wage costs are stealing their lunch. Public debt is becoming unsustainable.. This lurch to higher defence spending could not have come at a worse time for Europe.
The state’s public debt will be about Rs 9.3 trillion by the end of this financial year.