Large-scale construction by the strategically important Char Dham road project is causing irreparable damage to the fragile Himalayan ecology and could have disastrous consequences. 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 »
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 »
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 »
Persistently high inflation will require unpopular fiscal and monetary policy prescriptions as it could lead to undesirable outcomes such as stagflation and recession. 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 »
As the world continues to grapple with lifestyle diseases and antimicrobial resistance, microbiome research opens up enormous possibilities for health and disease management. Read more »