Despite high dependence on Russian oil, supply to most European countries has taken a hit Despite high dependence on Russian oil, supply to most European countries has taken a hit In the seven months following Russia’s invasion of Ukraine, the tables have turned. Initially, major financial and commercial sanctions were imposed on Russia by the […]
Continue ReadingCereal inflation highest since 2014, West Bengal, Rajasthan and Uttar Pradesh cross the 15% mark Cereal inflation highest since 2014, West Bengal, Rajasthan and Uttar Pradesh cross the 15% mark After decelerating for three consecutive months, India’s retail inflation accelerated to 7% in August 2022. A major factor behind this uptick was a reversal in […]
Continue ReadingPower constitutes a significant share of the subsidy expenditure of States, yet it has not been part of the freebie debate so far. Here is a look at States’ subsidy expenditure, how it has changed in recent years, and what makes up these subsidies Power constitutes a significant share of the subsidy expenditure of States, […]
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The share of the States in divisible pool is shrinking despite their carrying a higher burden of expenditure The share of the States in divisible pool is shrinking despite their carrying a higher burden of expenditure Nearly two weeks ago, Chief Ministers expressed their concern about dwindling State revenues in a NITI Aayog meeting chaired […]
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A shrinking subscriber base and extremely low revenue per user are sinking the state-run telecom A shrinking subscriber base and extremely low revenue per user are sinking the state-run telecom On July 27, the Union Cabinet approved a ₹1.64 lakh crore package to revive the state-owned telecom firm, Bharat Sanchar Nigam Limited. While private players […]
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Amid the geopolitical tensions and increases by the Fed to combat U.S. inflation, the rupee has been on a downward spiral. Slowing exports and an inflated import bill have also weighed down the local currency. In order to iron out sharp volatility in the rupee, the RBI has dipped into its reserves, which however has […]
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Amid the geopolitical tensions and increases by the Fed to combat U.S. inflation, the rupee has been on a downward spiral. Slowing exports and an inflated import bill have also weighed down the local currency. In order to iron out sharp volatility in the rupee, the RBI has dipped into its reserves, which however has […]
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