Rupee Surge
The Indian rupee’s surge to a two-month high on Thursday signals a broader shift in the global economic landscape, influenced not just by domestic factors but by international dynamics as well.
The Indian rupee’s surge to a two-month high on Thursday signals a broader shift in the global economic landscape, influenced not just by domestic factors but by international dynamics as well.
August for central bankers is Jackson Hole month, when the Kansas Federal Reserve Bank has invited leading central bankers, finance ministers, academic professionals and financial market participants since 1974 to discuss current international trends and central bank policy issues in Jackson Hole, Wyoming.
This happened just a couple of years ago. A startling fallout of the Covid19 pandemic in the corporate world was the mass retrenchment of staff in many companies across multiple affected sectors.
Much like the cosmetic manufacturers serving the global mass market, producers of sugar- sweetened beverages (SSBs) have over the past…
Victoria’s decision to withdraw as host of the Commonwealth Games scheduled for 2026 has caused both surprise and consternation within the nations that make up the grouping. Nearly a century old, the games were first held in 1930 and then named the British Empire Games.
While India’s studied silence on Teesta has disappointed Dhaka, Mr Modi’s pledge to discuss the economic issue has been generally welcomed by the Bangladesh delegation.
To its credit, the Hasina Administration has spoken out unequivocally against such attacks and crackdowns have been launched albeit with mixed results.
Notably, apparel constitutes more than 80 per cent of Bangladesh's total export and it is mainly exported to developed countries.
The controversial statement also aims to belittle Bangladesh’s electoral practices as the world at large might be led to think that elections in Bangladesh are not fair.
By ignoring long-standing issues in the pursuit of growth, suddenly the country is back to the era of rolling power cuts, with the taka and the forex reserves under pressure.