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The global economy is once again facing a surge in oil prices triggered by conflict in the Middle East, reviving memories of the 1970s energy crises that led to widespread economic disruption and stagflation.However, economists say the United States and other major economies are far better positioned today to absorb such shocks, reflecting structural changes…
India’s forex reserves have become more balanced over time, with more gold and some diversification beyond the US dollar. (AI image) A country’s foreign exchange reserves act as the first line of defence against external volatility. In times of global economic turmoil such as the present Middle East conflict, forex reserves are the armour that…
The world is not at peace. That much is obvious to anyone with a phone. But here is what I find less obvious and more worrying: the unease is not just out there in the news. It is sitting at kitchen tables. A friend of mine, sharp woman, ran a funded startup, nearly shut the…
Government shutdowns in the United States can sometimes feel like a long-running TV soap. Just as one funding standoff is resolved, reports of another closure begin to surface.The repetition of the term “shutdown” can create confusion, raising many questions like, “Didn’t this just happen? Does a shutdown mean the entire government simply goes on vacation?…
NEW DELHI: Finance minister Nirmala Sitharaman on Sunday presented the Union Budget for the financial year 2026-27 in the Lok Sabha during the ongoing Budget session of the Parliament, triggering a strong reaction from the opposition.While presenting her ninth consecutive Budget, the finance minister announced that the capital expenditure target will be increased to Rs…
Murphy’s law worked hard in 2025.A year full of “what else can go wrong”, and then the wrong proceeds to make its way in, perfectly settling down, even stretching through months. A year that felt like a series of hypnic jerks, rather than just dates or headlines changing.Not to sound pessimistic, but 2025, ultimately, became…
Visuals from protests across South Asian countries (Images/Agencies) “The greatest threat to stability today is not ideology or invasion, but the collapse of political legitimacy.” – Francis Fukuyama, Political scientist, Stanford UniversityIn 2025, India watched with concern as its neighbourhood navigated troubled waters marked by protests, political instability and humanitarian emergencies.Gen Z–led demonstrations in Nepal…
