A road map to fight the inflation stress
The Centre must reduce fuel taxes, increase subsidies, and desist from raising indirect taxes. The only way to fund the extra expense will be to find additional revenue streams
Tag Archives: Fuel prices
Free trade is passé. US, Russia just made trade all about friends and foes
Is India a friend or a foe for the US? Is being antagonistic to China and Russia necessary? Compulsions of an interdependent world are making ‘foes’ into friends.
Buying Russian oil is ruble wise but rupee foolish. It bloodies India’s hands
US has no moral rectitude to deliver ethical sermons. But regardless, India must take a holistic view in purchasing oil from Russia—it’s not a rosy picture.
Russia’s offer of cheaper oil is tempting, but India must be cautious
Praveen Chakravarty writes: India can afford neither trade sanctions nor a geo-economic war over ‘de-dollarisation’.
Lost miracle: How India wasted an opportunity to add $200 billion to its economy
The three stars— a ruling party’s Parliament majority, development agenda and low oil prices— may never align again, that is the biggest takeaway from Economic Survey 2018.