Opinion

HAS DE-DOLLARIZATION BEGUN?

Kaushik Basu 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 this abundantly clear, with UK...

Diane Coyle

Chokepoints threatening world economy

The closure of the Strait of Hormuz is just the latest in a series of major supply shocks the global economy has experienced since 2020. Yet each time, the resulting shortages appear to catch policymakers off guard. From personal protective equipment at the start of...

NUCLEAR SCALING CHALLENGE

Nuclear scaling challenge

The recent criticality of India’s Prototype Fast Breeder Reactor (PFBR) in early April marked a long-awaited milestone. It signalled India’s operational entry into the second stage of the three-stage nuclear programme envisioned by Homi Jehangir Bhabha in the 1950s. The achievement is immense: India has,...

Dasarathi Mishra

Changing dynamics of ‘ease of doing business’

By Dasarathi Mishra The Ease of Doing Business (EoDB) study was developed by the World Bank in 2003. The first report on “Ease of Doing Business” was published in 2003, covering 133 economies. Over time, its coverage expanded to 190 economies, becoming a widely used...

Santosh Kumar Mohapatra

Workers over billionaires

By Santosh Kumar Mohapatra International Labour Day, also known as Workers' Day or May Day, is observed worldwide to honour the contributions and rights of workers across all sectors, manual, skilled, and professional. The day underscores the importance of fair wages, safe working conditions, and...

POPE VS. PRESIDENT

By Anwesh Satpathy The temporal and the spiritual are now clashing. Donald Trump is the first President of the United States to have openly and explicitly declared the occupant of St. Peter’s chair to be “weak on crime,” and worse, that he supports Iran’s right...

Dirty Money

By Frederik Obermaier & Bastian Obermayer When John Doe, the anonymous whistleblower behind the Pan ama Papers, approached us, he handed us an opportunity. When the resulting investigation into the offshore finance industry was published on 3 April, 2016, the world was handed a test....

SAGARI GUPTA

Heat isn’t a season, it’s an economic condition

India lost 247 billion potential labour hours to extreme heat in 2024. Agriculture absorbed 66% of that loss. Construction accounted for 20%. The income equivalent, calculated by the Lancet Countdown in its 2025 report, was $194 billion. That figure was 124% higher than the annual...

INDIA’S SOLAR MOMENT

INDIA’S SOLAR MOMENT

When missiles fill the skies over West Asia, the tremors reach every household’s electricity and petrol bill. The ongoing crisis in the region has exposed the vulnerability of India, which is the world's third-largest consumer of crude oil, importing nearly 89% of its requirement, i.e....

Steven simon

Caught In Crossfire

Jewish history includes three episodes of flourishing in exile: the Babylonian diaspora’s great academies; the centuries-long experiment in Moorish and then Christian Spain; and the American Jewish experience, particularly after World War II. But the American experience has come under intensifying threat, and the causes...

 

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