Readers respond after the UN poverty envoy said austerity has inflicted ‘great misery’ on UK citizensThe UN envoy’s visit and report concluding that “Austerity has inflicted misery on people” (Report, 17 November) could not be more important. His confirmation that poverty and humiliation has been heaped upon millions of vulnerable …
Central banks should issue their own digital currencies to replace a crisis-prone banking system and shut out cryptocurrenciesThe world’s central bankers have begun to discuss the idea of central bank digital currencies (CBDCs), and now even the International Monetary Fund and its managing director, Christine Lagarde, are talking openly about …
Ex-minister expected to make first speech from backbenches to support amendment to the finance billJo Johnson, the Conservative MP who resigned as a minister to back a second Brexit referendum, will on Monday throw his weight behind a bid to force the government to publish economic forecasts that compare its …
The report of the UN poverty envoy exposes the grim toll of austerityTruth alone is not enough. It has been only too easy for campaigners and experts to amass abundant evidence of the damage wrought by austerity. The government has changed only its rhetoric. Put aside what the prime minister …
The government had on October 22 declared 51 talukas, comprising 3,291 villages, as scarcity-hit after they recorded less than 250 mm rainfall.
Amid demands from some quarters for Urjit Patel’s resignation, Veerappa Moily said if he quits it will send a bad signal to global markets.
Top officials from China and the US will hold talks in Buenos Aires over the trade deadlock between the two giant economies, ahead of the meeting between President Donald Trump and his Chinese counterpart Xi Jinping.
Amir Yaron, a finance professor at University of Pennsylvania’s Wharton school of business, was confirmed Sunday as Bank of Israel governor, with his start date to be set in coming days.
Israel’s economy grew 2.3 percent in the third quarter of the year, driven by private consumption and increased public spending, the Central Bureau of Statistics said Sunday.
Moscow will continue seeking mechanisms for cooperation, Russian Energy Minister added
In the last seven days, Ghaziabad, Noida, Delhi, Meerut, Lucknow, Sonipat, Muzaffarnagar — all north Indian states — showed the highest level of air pollution.
The 31-member Parliamentary Standing Committee on Finance, which includes former Prime Minister Manmohan Singh may question Reserve Bank of India (RBI) governor Urjit Patel on various issues.
Finance Secretary Hasmukh Adhia will retire at the end this month, Finance Minister Arun Jaitley said in an announcement.
Jaitley said while the government wanted him to continue to work in some alternate capacity but Adhia declined to do so.
After US, now Australia moves WTO against India; says sugar subsidies to Indian farmers hurting global prices
Indian officials have previously defended their actions on the issue, saying the country’s sugar exports are in line with WTO rules as the country does not give a subsidy to its farmers for overseas sales, but instead gives a production subsidy.