War also on the Economic Front: Implications
If de-dollarization occurs, the impact will be felt wide and far. Severe sanctions are a double-edged sword which will impact every nation.
Pakistan’s Democracy Dance
Famous Cricketer turned politician Imran Khan, the erstwhile Prime Minister of Pakistan, has been stumped by the opposition and the army in this Establishmentarian Democracy. Although over time almost all Prime Ministers fell out of the real proxy ruler’s favor and could never complete their full tenure, Imran Khan became the first one to be booted out through a ‘No Trust vote ‘. Benazir Bhutto and Shaukat Aziz had survived the no-confidence vote.
India-US summit and 2+2 ministerial dialogue
Russia, China, Pakistan, and the American allies in Europe and Asia were eagerly following the developments. But the outcome of the summit and the 2+2 dialogue appears to have disappointed them all
Consequences of supply-side strategy to curb inflation
The fiscal policy of the Union government is highly paradoxical in nature while realizing the growth targets. Deriving pieces of evidence from Budget-2022, which has overtly chosen the supply-side path and contradicted the fundamentals of ‘Keynesian economics’ (popularly known as demand-side economics) that showcases reluctance among the producers to produce in the absence of adequate demand.
India and it’s balancing affairs
India has been under immense diplomatic pressure over the war in Ukraine with coinciding visits by Daleep Singh (US Deputy National Security Advisor for International Economics), Liz Truss (UK Foreign Secretary) and Sergey Lavrov (Russian Foreign Minister).
Monetary Policy says bye to easy money
By replacing the reverse repo rate with the Standing Deposit Facility rate, the RBI has managed to raise the base lending rate in the economy, while seeming to hold policy rates static