-Livemint.com * Price of oil and other commodities have fallen recently as fears of a recession have risen * But oil price is still high versus last year and needs to fall further to contain the Import bill India’s trade deficit in June came in at the highest level ever of $26.2 billion. The previous high was in May, when the deficit had stood at $24.2 billion. The trade deficit is the difference...
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With floods ruining NRC-relevant documents, Assam residents face bleak future -Satananda Bhattacharjee
-TheFederal.com The residents, who have lost their official documents in the flood water, now have no means to prove their Indian identity through the NRC Floods can wreck homes and lives, but if you are in this part of the country, it could even affect your citizenship. “I can’t prove my citizenship now. I have lost everything in the recent floods. My house in Ashram Road is still under water. I have lost...
More »Wastewater surveillance for COVID-19 reveals dynamics of infection -Shubashree Desikan
-The Hindu The method can reveal trends in viral loads, infections due to new viruses, AMR genes and act as advance warning system In ensuring sufficient precautions and preventive measures be taken in pandemic-driven situations, a very Important estimate is of the number of people infected, regions where infection is high and decreasing or increasing trends in viral load. Based on this, civic bodies can decide on targeted vaccination drives, lockdowns and...
More »Country's trade gap at all time high of USD 26 billion
-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...
More »Review: RBI paper highlights the risk in the Finances of 10 States -Sai Krishna Muthyanolla
-Factly.in The RBI recently published an article State finances and the Risk Analysis. The article aims to look at the fiscal vulnerability of Indian States & emphasises on ten heavily debt-burdened states in India based on the debt-GSDP ratio in 2020-21. These ten states also account for around half of the total expenditure by all state governments in India. Here is a review. Effective and efficient public finance management is said to...
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