There isn’t a single news programme or article on the global economy these days that doesn’t mention recession. This has been so for the past many months, but as central banks – especially the US Federal Reserve – keep raising interest rates to combat inflation, the prospect of a recession draws ever nearer. In their… Continue reading The Indian Economy: Bright Spot or Dangers Lurking?
Just a few months ago, India was being lauded for how well it had handled the Covid-19 pandemic and how the severe lockdowns that were imposed in 2020 actually worked. Never mind that they were cruel on the lives of millions of migrant workers and their livelihoods. Still, the fact that the government quickly scrambled… Continue reading Indian Economy Caught Between a Raging Pandemic and Politics