Quality issues and an inability to ramp up domestic production force India to import coal despite exorbitant global prices. Read more »
A strong dollar and unabated foreign portfolio investment outflows could see the rupee plunging to Rs 82 against the greenback this financial year. 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 »
Food waste consumes a third of global production at a time when the world is facing a severe food shortage, says a BCG report. Read more »
While the jump in GST collections augurs well for the economy starved of good news, most of the increase can be attributed to runaway inflation and the increase in imports. Read more »
The financial stability RBI report highlights the resilience of the financial system and the rising asset quality of the commercial banks. 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 GST Council has decided to levy tax on hotel rooms with daily tariff up to Rs 1,000 and unbranded pre-packaged and labelled food items, making them more expensive. Read more »
A slump in metal prices simply means that businesses closely related with the industry such as home appliances, automobiles and construction have taken a hit. 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 »