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Reform Imperative Amid India’s Emerging Economic Crisis Syllabus: GS-3: Effect of Policies & Politics of Countries on India’s Interests, Effects of Globalization on Indian Society, Deglobalisation & Protectionism, Government Policies & Interventions Why in the News ? India is witnessing rising fiscal pressures, weakening rupee valuation, increasing fertiliser and food subsidy burdens, and concerns over …
Read MoreINDIA’S WPI INFLATION RISES TO 42-MONTH HIGH Why in the News? Inflation Surge: India’s Wholesale Price Index (WPI)-based inflation rose to 3% in April 2026, the highest in 42 months. Sharp Increase: WPI inflation increased significantly from 88% in March 2026 due to rising input costs. Major Drivers: Higher prices of fuel, crude oil, natural …
Read MoreRupee Slides Past 90 Amid Economic Pressures Why in the News? The Indian Rupee breached the 90-per-dollar mark, raising concerns about external stability, widening trade deficit, and persistent foreign portfolio outflows. Despite stable macro indicators, the RBI appears to be favouring gradual depreciation, prompting debate on currency management and export competitiveness. This economic situation, much …
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