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.
In the centuries to come, economist Bibek Debroy's Mahabharata will attain the importance we attach to the texts of Shankara, Ramanuja, and Madhvacharya.
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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