The Hindu Explains

Economists feel a prolonged conflict in West Asia could push crude oil prices beyond India’s comfort zone. | Photo Credit: Getty Images/iStockphoto The story so far: The Indian economy, measured in terms of the Gross Domestic Product (GDP)…

Global debt refers to the borrowings of governments as well as private businesses and individuals. Photo: imf.org The story so far: Global debt rose to an all-time high of $307 trillion in the second quarter, by the end of June 2023, the…

The story so far: As part of the second phase of the design-linked incentive (DLI) scheme for the domestic semiconductor industry, the Indian government, according to media reports, is considering a proposal to pick an equity stake in…

In recent years, the credibility of some of NSO’s data, especially the results of various household surveys traditionally carried out by the National Sample Survey Office have come under a cloud, with even top government officials…

Gaming platforms charge an entry fee from the user to allow them to participate in a particular game.  The story so far: At the recently concluded 50th GST Council meeting, it was decided that online gaming would be taxed at 28% on the…

Oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia on June 4, 2023. | Photo Credit: Reuters The story so far: As India continues to import oil from Russia, it is getting tougher for the country to pay for it. On the one…

The story so far: On July 3, in what is being seen as the country’s retaliatory move in the ‘chip war’, the Chinese Ministry of Commerce announced that it would implement export controls on items related to gallium and germanium. It said…

The story so far: On June 28, the Finance Ministry in two announcements deferred the imposition of an increased 20% rate for Tax Collected at Source (TCS) by three months to October 1, and said transactions made using international credit…

Grieving parents hold up signs in Serekunda, the Gambia on November 4, 2022 during a news conference, calling for justice for the deaths of children linked to contaminated cough syrups. | Photo Credit: Reuters The story so far: Since…

The story so far: During Prime Minister Narendra Modi’s U.S. state visit, cooperation on technology emerged as a prominent talking point and yielded some of the most substantive outcomes, according to Foreign Secretary Vinay Kwatra.…