-Scroll.in Costlier imports and the widening of the current account deficit is likely to eat into India’s foreign currency exchange reserves. The Indian rupee touched a historical low, trading almost at Rs 80 against the US dollar on Wednesday. A knee-jerk, macro-analytical response studying India’s currency performance would mistakenly see this trend in isolation, while projecting a weakening of macro-economic fundamentals to be leading towards a depreciation. Looking closely at the numbers it...

With the release of a UNDESA report on the World Population Day this year i.e., July 11, once again the debate on who's responsible for the population growth in India has resurfaced. Titled World Population Prospects 2022, the report states that the global population is expected to touch 8 billion on November 15, 2022, and India is projected to exceed China as the world’s most populous country in 2023.  As soon as...

-Down to Earth Sluggish monsoon; area sown down 15%; rural employment stares at meltdown There are disturbing signals of a potential meltdown of the country’s biggest employer and also food producer as the southwest monsoon enters  its second week of the second month. Kharif sowing was down 15 per cent by July 7, in comparison to last year for the same period. Altogether, farmers didn’t sow in 6.3 million hectares (Ha) of farms. Sowing...

-Newsclick.in Most of the job losses were in agriculture, but 25 lakh salaried jobs were also lost. A perfect storm of delayed monsoon, languishing economy and continued inaction of the government on the jobs front has led to an astonishing decline of 1.3 crore from the total number of employed persons in the country in June this year, according to the latest CMIE estimates. In May, the number of employed persons were...

-Down to Earth The diversification of battery technology is necessary for the rapidly growing Indian energy storage market; SIBs can lead to this diversification Dialogues for climate action have accelerated in India. The country is strengthening its policies for climate action and emerging as a global leader, whether by keeping energy transition as one of the four high priority agendas in the Union Budget 2022 or setting ambitious targets at the 26th...