12+ hour, 36+ min ago  (279+ words) In a recent commentary, Dani Rodrik, one of the world's leading experts on the economics of trade and development, explains why he became a "manufacturing sceptic" after decades of seeing industrial production as the key to unlocking economic growth. In…...

1+ week, 3+ day ago  (175+ words) Mumbai: India reported a current account surplus of USD 7. 1 billion, or 0. 7 per cent of GDP, in the January-March quarter of 2025-26, according to the Reserve Bank data released Monday. The surplus stood at USD 13. 7 billion, or 1. 4 per cent of GDP, in…...

2+ week, 4+ day ago  (252+ words) Inflation in India is not merely the result of global shocks; it is increasingly a product of high fuel taxes, cesses and pricing policies that amplify costs across the economy. The country's heavy dependence on petroleum and gas'further entrenched by…...

1+ mon, 1+ week ago  (631+ words) orissapost. com Fiscal discipline requires more than rules Government debt in several advanced economies is now at its highest level outside wartime, and emerging-market debt has been steadily rising over the past decade. With interest rates no longer at record…...

1+ mon, 2+ week ago  (792+ words) orissapost. com As the economic consequences of US President Donald Trump's war against Iran become evident, policymakers around the world are running out of patience. The recent Spring Meetings of the International Monetary Fund and World Bank in Washington made…...

2+ mon, 22+ hour ago  (341+ words) New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, Saturday approved a 2 per cent increase in Dearness Allowance (DA) for central government employees effective from January 1, 2026, providing an increase in their take'home pay. The Cabinet okayed to release…...

3+ mon, 1+ week ago  (545+ words) Hong Kong: World shares were mixed Friday following a retreat on Wall Street, while the price of oil resumed its upward climb, hitting its highest level in nearly two years. US futures fell as the war with Iran entered its…...

3+ mon, 2+ week ago  (833+ words) New Delhi: Oil prices could exceed $100 per barrel if tanker traffic through the Strait of Hormuz is not swiftly restored, as the waterway's closure threatens to disrupt 15 per cent of global oil supply and 20 per cent of global LNG supply,…...

4+ mon, 1+ week ago  (407+ words) RBI raises growth forecast for Q1 and Q2 of 2026-27orissapost. com Mumbai: The Reserve Bank of India has raised its real GDP growth projections for Q1 and Q2 of 2026-27 to 6. 9 per cent and 7. 0 per cent, respectively, RBI Governor Sanjay Malhotra announced Friday. Explaining the rationale…...

4+ mon, 2+ week ago  (247+ words) New Delhi: For every rupee in the government's coffers, the largest slice of 64 paise will come from direct and indirect taxes, according to the Union Budget 2026-27 documents. Around 24 paise will come from borrowings and other liabilities, 10 paise from non-tax revenue…...