Introduction India is poised to become a major investment destination for global businesses as the country’s economy continues to recover from the Covid-19 pandemic. Despite facing significant challenges during the pandemic, including a sharp economic contraction in 2020, India is now seeing strong growth in various sectors, including manufacturing, services,…

Background The financial markets have been rocked by the collapse of five banks across the United States and Europe during the last few weeks. Although not all banks have failed, their near-simultaneous troubles have led to regulators across the globe hurrying to take measures to prevent further crises, due to…

Context In 2020, Finance Minister Nirmala Sitharaman made an ambitious announcement in the annual budget speech – to reduce the logistics cost from 14% of GDP to less than 10% of GDP by 2022. Even the developed nations do not have such higher logistics costs. India’s logistics sector consists of…

Context “Where golden birds fly every morning, that India is my country” – the latest leap taken by India has awakened the feeling of patriotism amongst the citizens once again. The Union Ministry of Mines has announced that 5.9 million tonnes of lithium reserves have been found in Salal –…