-The Telegraph The finance ministry has warned that the current account deficit will deteriorate in 2022-23 because of costlier imports and tepid exports on the merchandise account The country’s trade deficit touched an all-time high of $26.18 billion as imports expanded 57.88 per cent to $66.31 billion in June because of a doubling of oil imports and a spike in the inflow of coal, gold, electronic goods and chemicals. The finance ministry has...

-Hindustan Times Food price index leapt 7.75% in June on the back of a global spiral in commodity prices, slightly lower than 7.97% in May India’s retail inflation marginally eased for the second month in a row to 7.01% in June from a year ago, official data on Tuesday showed, but consumer prices, which rose 7.04% in May, continued to breach the Reserve Bank of India’s upper limit of 6% for the...

-TheWire.in A recent report on farmer suicides in Punjab reveals the circumstances which lead farmers and farm labourers to take their own lives, debunks popular myths regarding the same, and points to policy measures needed to tackle the problem. Suicides are a sign of a deep crisis in a society. And in Punjab’s so-called ‘agriculturally developed society’, suicides of farmers and farm labourers have been taking place unabated for the last two...

-The Telegraph Nobel laureate's hour-long lecture spanned several subjects like tolerance, the cultivation of hate and the role of the judiciary Calcutta: A sound schooling system is important for children to understand the pluralistic idea of India, Nobel laureate Amartya Sen told a Calcutta audience on Thursday. “Among things that can be learnt at school is to reflect on what India is like as a nation… why it was ready to give room...

-The Telegraph Kaushik Basu credits country’s intellectual influx and links its downfall to the practice of hyper-nationalism by junta in 1930s Calcutta: The pursuit of hawkish nationalism is detrimental to the growth of a country’s economy, Kaushik Basu, C. Marks Professor of international studies and professor of economics at Cornell University, said at Para in Purulia on Thursday. “We cannot be hyper-nationalistic…,” Basu said while delivering a lecture on “India’s economy and the...