Expert Opinions Opinion
On the evening of November 8, 2016, India came to a standstill. Millions lined up outside banks, clutching stacks of suddenly worthless notes. The government’s announcement to invalidate ₹500 and ₹1,000 notes overnight was met with confusion, panic, and fierce debate. Economists called it reckless. Politicians called it a stunt. But few understood that demonetization […]
International
Russia rejected U.S. President Donald Trump’s warning that its economy was close to collapse, calling his assertions unfounded. Trump’s claim of fuel shortages During a Washington speech, Trump had said Russia was suffering from “long lines waiting for gasoline” and predicted its economy would collapse. In response, Deputy Prime Minister Alexander Novak said that domestic
Op-Eds Opinion
India has long depended on imported liquefied natural gas (LNG) to meet part of its electricity demand, even though gas-based power contributes only a small share of the overall mix. This dependence comes at a steep cost, both financially and strategically. In 2024, India imported nearly 37 billion cubic meters (bcm) of LNG, worth around […]