The Rising Inflation Rates The disruptions in the global supply chain brought about by COVID-19, exacerbated by the invasion of Ukraine by Russia, have sent prices of all items skyrocketing. Table 1 details the inflation rates for several major economies. While the rise in the inflation rate has been high for 2022, the increases are […]
What should India’s response be to rising inflation? Read More »
The CARES Act Trump lost the US Presidential election primarily because of his irresponsible response to Covid-19. Despite the mounting death toll from the spread of the virus, Trump aggressively promoted defiance of masking and social distancing – a policy endorsed by his own administration! The in-person rallies he held across the US, with the
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Over the financial year 2019-20, the Reserve Bank of India (RBI) cut the Repo rate (the rate at which RBI lends money to commercial banks) by 1.85%, from 6.25% at the beginning of the year (April 1, 2019) to 4.4% by March 31, 2020. The reductions in the Repo rate not only resulted in reductions
