The educated crowd is hesitant and is waiting for a better Covid vaccine which is more effective and targets the whole virus of evolving strains. Read more »
RBI’s move to allow trade settlement in rupees comes in the wake of India’s shrinking forex reserves and roadblocks to its trade ties with important partners. Read more »
One cannot ignore the fact that even at the lowest levels in six years, the NPA level of the Indian banking system is much higher than other large economies. Read more »
The G7 Summit last week flagged off Partnership for Global Infrastructure and Investment, a $600 billion plan to counter China’s Belt and Road Initiative (BRI). Read more »
The flight of capital to safe haven assets will see the rupee fall further, leading to a full-blown crisis for the Indian economy. Read more »
The Union government plans to introduce a bill in monsoon session of Parliament to facilitate stake dilution and privatisation of public sector banks (PSU Banks). Read more »
The BJP-led Union government may find it difficult to withdraw PMGKAY as a significant section of India’s population still suffers from hunger. Read more »
Inability to take effective steps to mitigate climate change will lead to higher borrowing costs, impacting the financial position of several emerging economies. Read more »
Several states tried to ban single-use plastics, but the results were far from encouraging because of industry pushback. Read more »