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Is the world economy spiralling towards another debt crisis?

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BusinessLine The spectre of unsustainable debt has returned to haunt governments across the world. Even when self-imposed or externally enforced austerity has forced governments to retract from the debt-financed stimuli they adopted in the aftermath of the glo... More »

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NBFC crisis: A reality check

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BusinessLine The popular opinion on India’s NBFC sector has swung 180 degrees in a short span of time. Barely two years ago, the sector was being feted for its ability to deliver high margins and scorching growth rates, by lending to lucrative segments neglect... More »

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Vanishing green shoots and the possibility of another crisis

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BusinessLine When the third estimate of US growth in the last quarter of 2018 was released the euphoria exuded by forecasters of global growth even a few months earlier waned. The annualised quarter-on-quarter growth rate that had risen to a more than comforta... More »

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Everyone loves a water crisis

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BusinessLine Even if the 9.8 million residents of Chennai settle for the bare minimum, the city needs 830 million litres of water a day. But thanks to monsoon failures, there is just not enough to go around. As of February, the water supply department could ma... More »

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Farm crisis: Short-term palliatives are futile

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BusinessLine Some 60 years ago, the country’s first Prime Minister Jawaharlal Nehru said: “Everything can wait except agriculture”. But for the last two decades, agriculture has been waiting even as the economy has continued to make rapid strides. The country ... More »

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Egypt’s Sinai crisis – The Hindu BusinessLine

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BusinessLine In a slew of attacks that have become commonplace in Egypt and increasingly daring and dastardly in their manner, just last week saw a frontal attack on the tourism industry in this nation. Three Vietnamese tourists and one local tour operator wer... More »

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Crisis of capitalism: 10 years after the Lehman collapse

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BusinessLine Has it been 10 years already? Time flies, right? The collapse of the global financial services firm, on September 15, 2008, had a ripple effect — on economies and on livelihoods — around the world. Even India, which was relatively insulated, felt ... More »

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Did developing countries recover from the global crisis?

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BusinessLine We are nearing the tenth anniversary of the collapse of Lehman Brothers in the US that sparked a Global Financial Crisis, affecting every economy in significant ways. That crisis generated extraordinary monetary policy responses in the advanced ec... More »

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Take care, there is a global care crisis

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BusinessLine Would you care elaborating? The world is going to face a severe shortage of care workers unless policymakers sit up and take note, and invest more — preferably double the funds earmarked for the care sector, according to a recent assessment from t... More »

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The viability crisis in Indian agriculture

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BusinessLine The dilution of government intervention in the form of minimum support prices, procurement and public distribution is undermining agricultural production in the country Farmer movements and farm loan waivers in different States have driven home th... More »