RBI raises repo rate by 25 basis points

Weak rupee will have a cascading effect on the economy

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 »
Income tax, budget 2023

GST Council recommends rate hikes on some items, relief on others

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 »
IMF, RBI

PSU bank privatisation: Will the government bite the bullet?

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 »
Metal prices

Crash in metal prices foretells big economic crisis

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 »
Consumer protection meet Nairobi

Hope floats: War on inflation involves imperfect policy measures

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 »
PMGkAY, wheat price

PMGKAY: India may withdraw its free food scheme

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 »
Women in science, covid-19

World takes baby steps in microbiome research

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 »
The threat posed by forever chemicals

Jal Jeevan Mission may help govt allay quality concerns about piped water

The biggest challenge for Jal Jeevan Mission is to address quality concerns about water supply and convince people to drink from taps. Read more »
ESG reporting

Climate change: India faces credit downgrades for slow global warming steps

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 »
real estate

India’s real estate continues to bleed; dream house remains fantasy for many

Real estate: With the rates of houses skyrocketing and considering that the pandemic led to a significant fall in incomes, it is not shocking that builders are now verging on the edge... Read more »