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By Nantoo Banerjee It is a matter of serious concern that India’s public debt level is among the highest in emerging economies while the country’s debt affordability is among the weakest. Generally, the average threshold limit prescribed for public debt-to-GDP ratio is 77 percent with each additional percentage point of debt costs 0.017 percentage points […]

The post India’s Public Debt Level Is Too High To Become Comfortable first appeared on IPA Newspack.

By Dr. Gyan Pathak In the absence of adequate social security for migrant workers, their rural households of largely left-behind women supported millions of migrant workers when they returned after the COVID-19 pandemic struck the country and induced a severe recession that also rendered small traders and operators of microenterprises destitute and reduced the incomes […]

The post Workers, Small Traders, Enterprises, And Farmers Rendered Destitute first appeared on IPA Newspack.

By Dr. Shilpi Bhattacharya Do the Adani Group’s recent acquisitions of cement (63.19 per cent stake in Ambuja Cements and 54.5 per cent in its subsidiary ACC) and media (49 per cent stake in Quintillion Business Media) companies raise concerns for the Competition Commission of India (‘CCI’)? Media reports have said that they are unlikely […]

The post Gautam Adani’s Buying Spree Merits A Rethink In India’s Competition Law first appeared on IPA Newspack.

By Prabhat Patnaik Central banks all over the capitalist world are raising, or are about to raise, interest rates as a means of countering the currently rampant inflation, which is certain to push a world economy that is barely recovering from the effect of the pandemic, back towards stagnation and greater unemployment. Of course the […]

The post Neo-Liberal Economic Agenda Can Never Tackle Inflationary Pressures first appeared on IPA Newspack.

By Dr. Gyan Pathak World is not yet on track to achieve the clean energy access for all by 2030, and at the current rate of progress, 670 million people will remain without electricity by 2030 – 10 million more than projected last year. Currently, 733 million people worldwide still do not have access to […]

The post India Still Among Top 20 Clean Energy Access-Deficit Countries first appeared on IPA Newspack.

By Satyaki Chakraborty The left wing candidate Luiz Inacio Lula da Silva, better known as Lula, is firmly on his path to big victory in the coming presidential elections in Brazil scheduled for October 2 this   year. A recent opinion  survey run by Instituto FSB found that in the first    round Lula will be   getting […]

The post Left Wing Candidate Luiz Lula Has Now A Big Advantage In Brazilian Prez Polls first appeared on IPA Newspack.

By James M Dorsey For now, Ukraine is the far from my bed show for most Middle Eastern nations. The question is not if but when Ukraine will arrive on their doorstep. Two centrifugal forces threaten to push Middle Eastern nations off the tightrope: an increasingly bifurcated world populated by a multitude of civilisationalist leaders […]

The post Ukraine: How Long Can Middle East Nations Do Tightrope Walk first appeared on IPA Newspack.

By K Raveendran Car companies in India are already creating waves about the launch of electric vehicles, with nearly a dozen brands expected to hit the road in a year’s time. Joining the EV bandwagon are all major automakers, including Hyundai, Tata, Mahindra, Mercedes etc. But even as the euphoria continues, the EV industry is […]

The post Ukraine War Fallout Takes The Clock Back On Shift To Electric Vehicles first appeared on IPA Newspack.

Pakistan Prime Minister Shehbaz Sharif on Friday said his government’s move to increase fuel prices was necessary to avoid the country from facing bankruptcy. Pakistan on Thursday increased the prices of petroleum products by Rs 30 per litre. Following the hike, price of petrol is now at Rs 179.85, diesel at Rs 174.15, kerosene at […]

The post Pak PM says fuel price hike averted bankruptcy first appeared on IPA Newspack.

By Dr. Gyan Pathak After significant gains during the last quarter of 2021, the number of hours worked globally dropped in the first quarter of 2022, to 3.8 per cent below the pre-crisis benchmark in the fourth quarter of 2019. This is equivalent to a deficit of 112 million full-time jobs, which represents a significant […]

The post Labour Markert Recovery Is Again Under Threat first appeared on IPA Newspack.

By Sanjay Roy The Consumer Price Index (General) measuring retail headline inflation shows a year on year growth of 7.8 per cent in the month of April 2022, which is the highest in the past eight years. Actually, the CPI (General) was higher than 6 per cent in the month of May and June last […]

The post Wage Earners And Bottom 20 Per Cent Are The Hardest Hit By High Inflation first appeared on IPA Newspack.

By Dr. Soma Marla In 2020, the present NDA government, while bringing three farm laws said they are intended to facilitate fair markets and enhance farmers’ incomes. But the government acted exactly in the opposite by banning exports all of a sudden, when the global wheat prices are attractive and watered down the hopes of […]

The post Centre’s Sudden Wheat Export Ban Has Hit The Income Of Common Farmers first appeared on IPA Newspack.

While invoking the name of India, former Pakistan Prime Minister Imran Khan yet again slammed the Shehbaz Sharif government after the federal government hiked the petrol and diesel prices by PKR 30 per litre. While criticising the government, the Imran said this “insensitive government” has not pursued the deal made by the Pakistan Tehreek-e-Insaf (PTI) […]

The post Imran praises India for fuel price cut, slams Pakistan first appeared on IPA Newspack.

By Dr. Gyan Pathak There is a 95 per cent chance that the number of people facing food insecurity will rise in the range between 142 million and 243 million by November, from roughly 1.6 billion in mid-May. Moreover, the upward pressure on food prices due to export bans by several countries including India may […]

The post Food Insecurity To Rise Sharply By November 2022 first appeared on IPA Newspack.

By K Raveendran Petroleum and natural gas minister Hardeep Singh Puri has attributed the excise cut in petroleum products to Prime Minister Modi’s ‘considered and very well thought through assessment that the burden on the common man, the Aam Aadmi, needed to be addressed. He was speaking to television channel in the wake of the […]

The post Modi’s Sensitivity And The ‘Game’ Petroleum Companies Play first appeared on IPA Newspack.

By K R Sudhaman The global economy is facing unprecedented economic challenges driven by high inflation in practically all major economies and there are fears that this could lead to stagflation as recessionary trends are witnessed in advanced economies and slowing China. The question that is often asked now is Indian economy insulated from these […]

The post Indian Economy Has Resilience But Needs Special Protection For Poor first appeared on IPA Newspack.

By Ashis Biswas In recent weeks, the value of Bangladeshi Taka (tk) has been declining sharply, as the US dollar has emerged as the strongest currency in the aftermath of the Ukraine war. According to reports from Dhaka this morning, the Bangladeshi tk further declined by 40 paise vis-à-vis the US $. Early market reports […]

The post Bangladesh Feeling Impact Of Ukraine War On Its Exchange Rate first appeared on IPA Newspack.

Tamil Nadu Finance Minister Palanivel Thiagarajan pulled no punches as he took on Union Finance Minister Nirmala Sitharaman on Monday for “exhorting” states to cut their share of taxes on petrol and diesel, saying his state did not need “dictation from people who perform worse than us”. “We have one of the best statistical outcomes […]

The post TN minister challenges Nirmala Sitharaman on fuel tax cuts first appeared on IPA Newspack.

By Nantoo Banerjee India’s domestic wheat market is on fire ever since the government said it was targeting record shipments this year after exports from the Black Sea region plunged following Russia’s invasion of Ukraine in February.  Wheat prices in India rose to record high levels in the last three months. In some spot markets, […]

The post Traders Behind Soaring Wheat Prices In India first appeared on IPA Newspack.