Climate change's adverse impact on earth has become a household subject. Countries across the world are facing the fury of these changes in some form or other – be it drought or storm, be it spread of diseases caused by extreme weather condition or loss of farm yield.What is climate change?Climate...
“If you are cold, tea will warm you. If you are too heated, it will cool you. If you are depressed, it will cheer you." This was how William Ewart Gladstone, the four-times prime minister of the United Kingdom, described Indian tea, which came to the British market in the early 1800s.The observati...
China has become India’s largest trading partner. Bilateral trade between them has exceeded India’s trade with the US, which was India’s biggest trade partner till recently. However, trading ties have been severely skewed in favour of China with imports outstripping exports by a huge amount.Th...
India’s services sector’s activity accelerated last February providing some relief to policymakers. It boosted hopes of GDP growth in the quarter ending March 2019. This was after the economy lost momentum in the third quarter of the current year when it grew by 6.6%, the lowest in five quarters...
Should India cheer the decline in inflation rate or mourn it as this was caused largely by a fall in the prices of agricultural produce and thus, would affect the country’s farm economy? The softening of inflation rate would help to protect the purchasing power of an average Indian, but the fall i...
India is divided over the Interim Budget 2019-20. Opposition political parties argue that it is a political budget aimed at the general elections which is in less than three months. They further argue that the budget has no growth direction. The government claims that the Budget charts the future ro...
After almost a decade of indifferent growth, the recovery of the global economy and that of the steel industry in 2017 points to a positive outlook for India’s steel sector. Economic growth is contingent upon the growth of the steel industry as it is used in most of the economic activities; in car...
After nose-diving to a five-year low of 6.7% in 2017-18, India’s GDP growth is projected to grow at over 7% in 2018-19. Most of the GDP growth projections by international development bodies and domestic analysts are showing a sharp rise in GDP in 2018-19 followed by an equally if not higher, grow...
Indian billionaires are creating their own heavens to celebrate marriages – moving from one end of the world to the other end to find their preferred places. Marriages of celebrities have become national affairs, be it of cricketer Virat Kohli or industrialist Mukesh Ambani’s daughter.It is a di...
