India is divided over the agricultural acts introduced last month. Three contentious acts, which are claimed to change the way India's farmers do business have sparked protests that have spilled onto the streets.The government claims that two of these - The Farmers’ Produce Trade and Commerce...
As the Indian economy limps back to normalcy following the gradual unlocking, international trade in several key sectors have displayed positive signs of turnaround. The monthly export trend indicates a steady growth after the unlocking of the economy began. After plunging to $10.36 billi...
Come October and India readies itself for two of its biggest festivals - Durga puja/Dussehra and Diwali. Maybe, this year Diwali or Durga puja won’t be about bursting crackers like in the past or hopping pandals and meeting friends and families to exchange greetings. It will be virtual and about b...
Disruptions in economic activities due to the coronavirus pandemic have exposed the vulnerability of the energy system. The sharp fall in energy demand following lockdowns and the accompanying price volatilities have destabilised the energy system - putting the energy transition process at a r...
After 34 long years, India finally got a New Education Policy (NEP) in 2020. The much-awaited reforms in the Indian education system have finally arrived with the Union cabinet approving the new NEP on July 29, 2020 with a comprehensive framework to guide the development of education in the cou...
The world economy is sinking. The American economy has shrunk by a record 32.9% in the April-June 2020 quarter over the same period a year ago. The Euro zone economy contracted by 12.1% during April-June 2020 as compared to the first three months of the year. The region’s largest economies each co...
The world had not seen such clear blue skies for years. Global lockdowns dramatically reduced air pollution across countries, erasing the haze that covered the sky. Maybe, the reduction in air pollution due to lockdowns is a temporary phenomenon and when the world comes back to its regular schedule,...
Should India’s policy-makers celebrate the unprecedented rise in foreign exchange reserves in recent months or should they worry about finding gainful avenues to utilise the fund? The country's foreign exchange reserves swelled to an all-time high of $516.36 billion in the week to July 10 from $51...
India has banned 59 apps from China-based companies last month following the face-off with the Chinese forces in Ladakh. The banned apps include those for e-commerce, gaming, social media, browsing, instant messaging and file sharing. Popular Chinese apps such as TikTok, SHAREit, WeChat, Club Factor...
Covid-19 is having an unprecedented impact on our society and economy. Countries across the world are witnessing huge economic disruptions. Growth parameters are under threat. The World Bank in its ‘Global Economic Prospects’, June 2020 issue has warned that the global economy will shrink ...