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Global Economy: In 2023, Central Banks Will Have to Battle Inflation Amid Political Obstacles -Steve Schifferes

-TheConversation.com/TheWire.in With the cost-of-living crisis now at the top of the public’s agenda in many developed countries, the setting of Interest rates has ceased to be just a technical matter and has instead become highly political. Where is the global economy heading in 2023? After all the challenges of last year, it’s a question we ask with trepidation. Just as the economy was dealing with the ongoing effects of the COVID-19 pandemic,...

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Could India’s new data protection bill force journalists to reveal their sources? -Aditi Agarwal

-Newslaundry The Government of India has removed exemptions for journalistic work from data protection obligations in the fourth iteration of the Digital Personal Data Protection Bill 2022. If this iteration is passed as law a story containing personal data may result in journalists having to prove to a data protection board that their story was in the public Interest, Newslaundry reported. The three previous versions - in 2018, 2019 and 2021...

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The Importance of Demographic Diplomacy in a Diverse World of 8 Billion People -Devender Singh

-TheWire.in The role of demographic diplomacy is not limited to migration only. It could also help countries navigate the emerging trends in population dynamics. As the world population touched 8 billion, Rachel Snow, head of the population and development branch of UNFPA, or the United Nations Population Fund, suggested that ‘demographic diplomacy’ could provide answers to a demographically diverse world. This is an Interesting and timely concept because, as we know, the world...

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Global economy to feel the heat of monetary policy tightening: RBI Bulletin -Manish M Suvarna

-Moneycontrol.com Globally, central banks have been increasing Interest rates to fight inflation. The global economy will bear the brunt of past monetary policy actions in 2023, the Reserve Bank of India (RBI) monthly bulletin said on December 20. "Emerging market economies (EMEs) appear even more vulnerable, having battled currency depreciations and capital outflows in addition to slowing growth and high inflation," Bulletin said. Globally, central banks have been increasing Interest rates to fight inflation. RBI...

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Can Indian Farmers Reap Benefits From Government Subsidies Amid Inflation? -Subhash Chandra Garg

-TheQuint.in After Interest payments, food subsidies, fertiliser subsidy will be third largest single-budget govt expenditure. With the Government seeking an additional appropriation of Rs 1.09 crore through the first supplementary in the current session, India’s fertiliser subsidy bill is set to exceed Rs 2.37 lakh crore this fiscal 2022-23. Govt Expenditures Going Big on Fertiliser Subsidies Excluding Interest, pensions, and mandatory transfers to state governments, the revised budgetary discretionary expenditure is likely to be...

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