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.
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.
This is not the first time the Centre has used this term. The name Kartavya Bhawan was given by PM narendra Modi symbolising India's shift from colonial rule to a governance focused on duty, responsibility.
After lapses exposed by terror attacks at Pahalgam and Delhi's Red Fort, Centre has hiked Intelligence Bureau's expenditure for investments in long-term assets from Rs 257 cr to Rs 2,549 cr.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
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