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Tea Industry Passing Through Acute Financial Crisis, Says ITA Status Paper

Indian Tea Association (ITA), the leading body of tea planters, Thursday said that the industry is passing through a phase of acute financial crisis with prices not keeping pace with the rising costs of production. The ITA in its status paper ...

The UK is Facing An 'Economic Crisis' – Here’s Why it Needs To Find A Global Solution

Recent changes in the UK's top job have had a positive effect on pound sterling and long-term sovereign bond yields. But the financial market reaction has been muted compared with the financial turmoil blamed on former prime minister Liz Truss and ...

No Fodder Supply Crisis; Steps Being Taken, To Address Possible Shortages In Future: Govt

The government on Thursday said there is no fodder supply crisis at present but the prices remain high and steps are being taken to address any possible shortages in the future. According to a senior official, the current high prices of ...

ADB To Devote $14B, To Help Ease Food Crisis In Asia-Pacific

The Asian Development Bank said Tuesday it will devote at least $14 billion through 2025 to help ease a worsening food crisis in the Asia-Pacific. The development lender said it plans a comprehensive programme of support to help the 1.1 billion ...

Lights Out, Ovens Off: Europe Preps, For Winter Energy Crisis

As Europe heads into winter in the throes of an energy crisis, offices are getting chillier. Statues and historic buildings are going dark. Bakers who can't afford to heat their ovens are talking about giving up, while fruit and vegetable growers ...

Eight Yrs, Of Systemic Reforms Increased India's Macroeconomic Stability: RBI MPC Member Ashima Goyal

Eight years of systemic economic reforms under the Modi government have increased India's macroeconomic stability and its capacity to withstand any external shocks, RBI Monetary Policy Committee (MPC) Member Ashima Goyal has said. Goyal further said appropriate countercyclical macroeconomic policy with ...

Basis Needs Not Freebies; Poor People More Entitled, To Receive Them, Says Economist

Economist Jayati Ghosh said that 'basic needs' like nutrition, healthcare, housing and education, which the government should provide for its citizens, are not freebies, while asserting that the poor are more entitled to receive their basic needs. Ghosh noted that the ...

How Your Brain Will Help You Save During, The Cost Of Living Crisis

The cost-of-living crisis continues. The UK rate of inflation is up yet again, and expected to rise further. And as energy, transport, fuel and groceries all get more expensive, there are fears that over 4 million British households are experiencing financial ...

Indian Economy, To Grow 7-8 Pc In Next Couple Of Decades: Panagariya

Indian economy, which has grown fairly rapidly in the last 17 years, will grow at 7-8 per cent in the next couple of decades, former Niti Aayog Vice Chairman Arvind Panagariya said on Wednesday. He also rejected the idea of comparing ...

Cost-Of-Living Crisis, To Hit Women Hardest, Report Says

A cost-of-living crisis sparked in part by higher fuel and food prices is expected to hit women the hardest, the World Economic Forum reported on Wednesday, pointing to a widening gender gap in the global labour force. The Geneva-based think tank ...

Cash-Strapped Pak May, Face Serious Economic Crisis Amid Fast-Depleting Forex Reserves

Cash-starved Pakistan could face a serious economic problem as its foreign exchange reserves are depleting fast amid rising external debt servicing, according to a media report on Wednesday. The country's external debt servicing rose to USD 10.886 billion in the first ...

Sri Lanka's Crisis Rings Alarm, For Other Troubled Economies

Sri Lanka is desperate for help with weathering its worst crisis in recent memory. Its schools are closed for lack of fuel to get kids and teachers to classrooms. Its effort to arrange a bailout from the International Monetary Fund has ...

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