Opinion

Suyash Choudhary It may be recalled that the RBI had undertaken Twist operations some time back where it was selling short end securities and buying longer from the market. It has now announced the next “Twist” – the operation to be held for Rs 10,000...

SN Misra Good governance is the sine-qua-non of a responsible democratic polity. While the political executive sets the tone for policy, it’s left to the bureaucracy to carry out these policies without fear, favour or arbitrariness. It should be useful to analyse in retrospect the...

Brahma Chellaney The Covid-19 pandemic, much like a major war, is a defining moment for the world – one that demands major reforms of international institutions. The World Health Organization, whose credibility has taken a severe beating of late, is a good place to start....

Amarendra Das Fears are that the global economy would enter into the worst recession since the Great Depression of 1929. India with a three trillion dollar economy would be badly affected by the lockdown; and so would Odisha. The Economic Survey had pegged the growth...

Bertrand Badré The COVID-19 pandemic is one of the gravest global challenges in generations. Governments and monetary authorities are using every policy lever at their disposal to prevent a grave public-health emergency from becoming an even deeper economic, political, and social crisis. But as we...

Saeed Naqvi The caravan of the dignified, despairing and the defeated will remain etched on my mind like a Biblical catastrophe, custom-made for a Cecil B De Mille extravaganza. Firaq Gorakhpuri’s couplet is apt: “Palat rahe h ain gharibul watan palatna tha, woh kucha ru...

Santosh Kumar Mohapatra Across the globe, economy has hit a bad patch. The damage inflicted by Covid-19 is getting worse. In term of economic activities and GDP, its repercussions will be worse than that of the Great Recession of 2008 -- and might perhaps be...

Bharat Jhunjhunwala   The cycle of economic activity starts from production. Workers get salaries and use this money to buy goods from the market. Businesses then establish factories to supply to the market. The cycle can be written as production > wages > demand >...

Patricia Viel Our cities will not be the same after COVID-19. Nor should they be. In Italy, as elsewhere, the public-health crisis has put us on the defensive. Our hospitals have been inadequate. And our cities, having been planned to meet our needs at a...

Devinder Sharma When people across the country are confined to their homes, the only pressing requirement they have is for food – and that too three times a day. Whether you are rich, sitting comfortably in your homes and trying out new recipes to prepare...