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A depreciating ₹ means crude@USD100 today is much more in INR terms than earlier. This blunts a bit of the criticism that govt has kept retail prices higher.
What it does underline is India is too sensitive for deregulated fuel prices.
How will the oil shock affect different industries in India? (More detailed SUTs would be nice, but) ASI can help us see some of the first order impact. And hint at where pain will come after that. Here is what it shows: https://t.co/h0Yue4gCDI
The Budget so important, but this is more important: @naalmot looks at what the 16th Finance Commission awards to India’s fiscal federalism fault lines
India, EU slash tariffs on autos, spirits, textiles in landmark trade deal.
India tariff on European cars to fall to 10% over years, from 110% now
wine tariff halved to 75%, but will be lowered eventually to 20%. https://t.co/Hl1dR3rL4a
The dotcom frenzy saw billions flow into speculative internet startups, and the cryptocurrency boom attracted its own wave of venture capital. Yet, both pale in comparison to the AI spending wave: https://t.co/zsjvgMVh2s
I am conducting a workshop here next Friday for early career journalists and final year media students. If you fit the bill/know someone who does, please register/ask them to register.
🗺️ Take a tour around the world to a few of the many countries from which the US imports products. At each stop you will have the chance to test yourself: Do you know where Americans get their goods from? https://t.co/D0GqtOSc0v
President Donald Trump's announcement of 25% tariffs on steel and aluminum imports marks more than just another trade policy — it signals the potential revival of his first-term economic nationalism, this time with sharper teeth https://t.co/FWczgfBhoy
Indian retail group files antitrust case against quick commerce firms Zomato, Swiggy and Zepto. The filing compares online and offline pricing of 25 products, including those of Nestle and Unilever, in alleging predatory pricing practices, documents show https://t.co/xMwyuqcBBt
From curries to the Qutub Minar, correspondent @adityakalra offers tips and tours to experience New Delhi like a local in our latest edition of City Memo https://t.co/S9V5ts8wmY
Fan or not, you will run into Mohammed Rafi's songs even today if you listen to Bollywood music. Here's (almost) all his Bollywood songs in five charts. The last three charts are on the app: https://t.co/fKt2ou4DS8
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The paper -- summarised in this second part -- shows how differences in education policies of the two countries has played a role in the economic divergence between India and China:
https://t.co/e9od4fPWGP