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The government and the Reserve Bank may disagree, but the way the country’s trade deficits and external debt are rising it may be a matter of time before India goes for another IMF-World Bank bail out. The current indicators on the two counts are hardly comfortable. Take the debt position first. The total debt of the Indian government since the country’s independence till 2014, when the Modi government came to power, was Rs.55 lakh crore. Now, between 2014 and 2023, the total debt has gone up to Rs.155 lakh crore. The per capita debt in this short period under the Modi government increased from Rs.43,000 to Rs.1,09,000. In real terms, India’s per capita net national income (NNI), increased by only about 35 percent from Rs.72,805 in 2014-15 to Rs.98,118 in 2022-23. NNI is an indicator of the total economic activity in a country as defined by the OECD.

Adelaide: Australia overpowered spirited Indian Women’s Hockey team 3-2 to chalk out their second successive win over the visitors at Adelaide on Saturday.

New Delhi: Chennai Super King (CSK) showed no mercy on the hosts as they thrashed Delhi Capitals by 77 runs to book their place in the playoff of this season’s IPL at Arun Jaitely Stadium here on Saturday.

A traditional family in Lahore, Pakistan, is ripped apart when the youngest son becomes infatuated with an ambitious trans starlet in Saim Sadiq’s impressive debut feature which explores sexual fluidity, love, desire, and rebellion within a repressed patriarchal society.

Pakistan is currently in a critical juncture of political turmoil which is posing a threat to its sovereignty as well as growing concerns about global security. Not only that, if Pakistan fails to address the crisis, then definitely it will be the beginning of the extinction of democratic values regionally. Pakistan has also been spiralling towards a severe economic catastrophe and struggling to meet the basic needs of its population. Now Pakistan is in a state of critical emergency after 1971, where the elite class should not repeat their apocalyptic mistake of ignoring the voices of the people.

THIRUVANANTHAPURAM: There is no denying it. The spectacular Congress victory in Karnataka Assembly elections has come as a much-needed morale booster for the party unit in Kerala. But the question is: Can the Kerala unit do a Karnataka in the State?

India is being denounced by trade unions across the G20 economies for government’s decision to block participation of independent trade unions in G20 meeting, including L20 meeting on labour and G20 Energy Transition Working Group (ETWG), which is resulting in worker’s voices going unrepresented.

It is so blatantly brazen you can stick it to the wall and it will hang firm. Is it a violation of the law? It definitely is a ‘middle finger’ to the Supreme Court. The top court has been told “thus far, no further”. And it has left Delhi’s AAP government up the creek minus a paddle. More importantly, the ordinance is proof of the Centre’s nefarious motive. The ordinance lays bare the moral and ethical bankruptcy of the Modi regime.

The withdrawal of Rs 2,000 notes by the Reserve Bank of India and the brief window allowed to exchange the notes until September 30 will provide another opportunity for black money holders to launder their ill-gotten wealth just like its infamous precedent seven years ago did.

What are some of the implications of the Congress’s emphasis and creditable win in Karnataka for national politics? At one level it would be unwise to extrapolate from state to national elections. The logic of these elections is not always aligned. Nevertheless, the Karnataka results has implications for how we understand the evolution of national politics.