Latest Economic articles
International Day of Forests 2026, observed on March 21, highlights the theme “Forests and Economies,” focusing on the economic importance of forests in global development. Forests cover about 31% of the world’s land area. Forest loss contributes to nearly 20% of global greenhouse gas emissions, and forest ecosystems play a crucial role in supporting livelihoods, … Read more
As India approaches Budget 2026, attention has turned to government borrowing and its role in shaping the fiscal deficit. Borrowing is a key instrument that allows the government to maintain public spending even when revenues are insufficient. The scale and timing of these borrowings directly affect the economy, influencing interest rates, fiscal space, and the … Read more
India’s dream of becoming a $5 trillion economy has been an important policy goal. The International Monetary Fund (IMF) has now suggested that this target is still achievable, but the timeline may be slightly longer than expected. The overall economic momentum remains strong, but certain global and domestic factors are slowing the pace in nominal … Read more
As India moves toward a three-slab system with new GST rates introduced in GST 2.0, which include 5%, 18%, and 40% taxes, the Goods and Services Tax (GST) has a significant impact on the Indian economy. What is GST? The Goods and Services Tax (GST) is India’s largest indirect tax reform, introduced on 1st July … Read more
India is in second place for importing Russian crude oil, after China. Oil has the potential to boost GDP and improve national development but a quick change in global oil prices can tumble the economy. Countries like the US and Russia are among the largest oil producers in the world. Fluctuations in oil price can … Read more
A steady rise in the overall prices of goods and services you consume in an economy is called inflation. What is inflation? When price increases, the money in your pocket is not enough to purchase the same item as before. That means, you need to pay extra to buy the same things. For example, last … Read more
It’s been over 40 days since the U.S. government shutdown began and it has triggered widespread disruptions in everyday traveling, especially in the aviation sector and the condition will worsen if the shutdown continues. If you are also planning to fly to US, you might not get a boarding pass because many international flights have … Read more