Dear Readers,We will commemorate World Environment Day on June 5th. In an effort to save Mother Earth from environmental threats, this day is observed globally......
India is one of the major agricultural producers in the world with almost 55% of India’s population earning their livelihood from agriculture. One of the major players in the global agriculture sector, India is the second largest producer of wheat and rice, the second biggest producer of cotton, a...
Tea : The Indian tea industry directly employs over 1 million people and indirectly supports around 10 million individuals, making it the second-largest producer after China. However, employment in this sector has been on a gradual decline since the 1950s and has now stagnated at around 1 million wo...
After assuming the U.S. presidency for a second term, one of Donald Trump’s first major actions was to impose tariffs on imported goods from a wide range of countries. Many commentators observed that such large-scale tariff impositions—and the retaliations they triggered—had not been seen sinc...
April 2025 has been the most chaotic month in recent global economic history, impacting countries of all sizes and economic strength. The situation can best be described as “confusion worse confounded,” borrowing from John Milton’s Paradise Lost (Book 2, line 995). The seeds of this confu...
A recent World Bank (WB) report, titled World Bank’s Spring 2025 Poverty and Equity Brief, highlights India’s substantial progress in reducing poverty. According to the report, extreme poverty in India declined from 16.2% in 2011–12 to just 2.3% in 2022–23. This means that 171 million people...
NITI Aayog’s recent report, Macro and Fiscal Landscape of the State of Punjab, reveals a troubling economic picture. Between 2012-13 and 2021-22, Punjab’s real Gross State Domestic Product (GSDP) grew at an average annual rate of just 5%, lagging behind the national average of 5.6%. More concern...
Company ProfileContinental Coffee, another name for CCL Products (India) Ltd., is one of the major forces in the world coffee market. The company was founded in 1994 and focuses on producing and exporting a variety of instant coffee products. CCL Products, which has its headquarters in Hyderabad, In...
Last Month, the Indian Parliament passed the Banking Laws (Amendment) Bill, 2024, a progressive step allowing bank account holders to nominate up to four individuals. Finance Minister Nirmala Sitharaman deserves high praise for championing this reform, which empowers bank account holders to nominate...
Born in Vienna and educated in Darjeeling and Kolkata, Ashis Ray is an award-winning broadcaster and print journalist who began his career as a Test match commentator at the age of just 24. He was part of the BBC team that covered several Cricket World Cups from 1979 onwards, including the 1983 tour...