Sitharaman briefs G20 FMs on its 2023 presidency agenda

Sitharaman briefs G20 FMs on its 2023 presidency agenda

Union Finance Minister Nirmala Sitharaman called for collective responsibility of G20 countries to prevent global economic risks from aggravating Union Finance Minister Nirmala Sitharaman called for collective responsibility of G20 countries to prevent global economic risks from aggravating India on Thursday briefed the finance ministers and central bank governors of G20 countries about its agenda […]

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Schiller Institute calls for new Bretton Woods to end war, economic crisis

Schiller Institute calls for new Bretton Woods to end war, economic crisis

Helga, who started the institute, and Lyndon LaRouche counted Indira Gandhi and President K.R. Narayanan among supporters Helga, who started the institute, and Lyndon LaRouche counted Indira Gandhi and President K.R. Narayanan among supporters The global think tank, Schiller Institute, that recently hit the headlines for organising an international conference on the Ukraine war and […]

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Silly to compare Sri Lanka’s economic situation with India: Arvind Panagariya

Silly to compare Sri Lanka’s economic situation with India: Arvind Panagariya

Sri Lanka is grappling with a severe economic crisis and India has been at the forefront of extending economic assistance Sri Lanka is grappling with a severe economic crisis and India has been at the forefront of extending economic assistance Former NITI Aayog Vice-Chairman Arvind Panagariya on July 31 said it would be ‘silly’ to […]

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Kerala will not implement 5% GST hike: Pinarayi Vijayan

Kerala will not implement 5% GST hike: Pinarayi Vijayan

‘Govt. will distribute free Onam kits, spending ₹425 crore’ ‘Govt. will distribute free Onam kits, spending ₹425 crore’ Chief Minister Pinarayi Vijayan has said the State will not implement the 5% increase in Goods and Services Tax (GST) on essential commodities, including packaged rice and pulses, sold by Kudumbashree units. The Chief Minister said here […]

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Independent central banks

Independent central banks

“The Economic Consequences of Banking Crises: The Role of Central Banks and Optimal Independence,” Daniel Hansen, May 2022, American Political Science Review, Volume 116, Issue 2, pp. 453 – 469 The independence of central banks from the control of governments has been seen as extremely crucial to achieve economic growth and stability. Economists strongly believe […]

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Sri Lanka eases curfew as new PM Ranil Wickremesinghe begins forming cabinet

Sri Lanka eases curfew as new PM Ranil Wickremesinghe begins forming cabinet

Ranil Wickremesinghe appointed four ministers from the Rajapaksas’ Sri Lanka Podujana Peramuna (SLPP), a decision unlikely to satisfy the protesters Ranil Wickremesinghe appointed four ministers from the Rajapaksas’ Sri Lanka Podujana Peramuna (SLPP), a decision unlikely to satisfy the protesters Sri Lanka lifted a nationwide curfew for 12 hours on Saturday, further easing tight curbs […]

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