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What is the story behind the big GDP-GVA gap?
access_time 1654099200000 face Sivakumar G
What is the story behind the big GDP-GVA gap? What is the story behind the big GDP-GVA gap? Yet again, two measures of India’s economy— ‘gross value added’ and ‘gross domestic product’—have grown at widely different paces. While change in GDP significantly lagged the change in GVA in FY21, the stor...
Lessons from Sri Lanka’s dire economic crisis
access_time 1658100600000 face Sivakumar G
Lessons from Sri Lanka’s dire economic crisis With runaway inflation, unsustainable debt and a hamstrung tourism sector, Sri Lanka’s economy is facing its worst crisis in over 70 years. Recently, the island nation lifted its state of emergency. What caused the crisis? Twin deficits — a budget short...
How does linking of UPI with credit cards benefit us?
access_time 1655481300000 face Sivakumar G
How does linking of UPI with credit cards benefit us? The RBI has proposed linking credit cards to the Unified Payments Interface (UPI), beginning with the National Payments Corporation of India’s (NPCI’s) RuPay credit cards. Is this a precursor to bringing Buy Now Pay Later (BNPL) services under r...
WTO talks: beset by developing, developed divide
access_time 1657813980000 face Sivakumar G
WTO talks: beset by developing, developed divide Over 160 countries are taking part in the 12th ministerial meeting of the World Trade Organization at Geneva. And divergences between developed and developing countries may make it challenging for them to agree on issues plaguing the global economy. ...
Understanding India’s stand on IPR at the WTO
access_time 1657225800000 face Sivakumar G
Understanding India’s stand on IPR at the WTO With WTO countries making progress on the patent waiver for covid vaccines last week,Let'sexamine how crucial it is to amend the WTO’s IPR (Intellectual Property Rights) norms in the post-pandemic world, keeping in mind the need for vaccines, therapeut...