With the rupee recently weakening past Rs. 70 to a dollar and hovering about that level since, concerns over the impact of the devaluation on economic indicators are intensifying. Here is what happens when the rupee falls: What happens to inflation? One of the first visible effects of currency depreciation …

India’s current account deficit (CAD) will widen to 2.5% of the GDP in the current fiscal due to the higher oil prices that has been accentuated by rupee depreciation, Moody’s and other experts said. The rupee last week slid to a record low of 70.32 to a U.S. dollar as …

India’s economic growth seems to be back on a recovery path and the country will be on a firm 7.5%-plus growth track this fiscal, former Chief Economic Adviser (CEA) Arvind Virmani said on Sunday. He further said the U.S.-China tariff war provides an opportunity to increase India’s exports to the …

Afghan President Ashraf Ghani declared a provisional three-month ceasefire with the Taliban in a televised broadcast on Sunday, but said the truce would hold only if the insurgents reciprocated. The announcement followed a bloody week of fighting across Afghanistan which saw the Taliban launch a massive assault against the provincial …

Among other things, the 19th Amendment to Sri Lanka’s Constitution, passed three months after Mr. Rajapaksa was unseated in January 2015, revived a clause in the 1978 Constitution that said: “No person who has been twice elected to the office of President by the People, shall be qualified thereafter to …

The Centre has released 50,000 metric tonnes of rice and wheat to help Kerala tackle the flood situation, with a promise to release additional quantities soon. It has also made arrangements to airlift 100 metric tonnes of pulses by Monday with additional quantities to be sent by train. An official …

Kerala Chief Minister Pinarayi Vijayan said on Sunday that six health officers would be deployed in each panchayat to ensure that there was no outbreak of communicable diseases as the flood waters receded and the focus shifted to relief and rehabiliation. The State government would distribute 36 lakh textbooks free …

A recent map published by the Central Pollution Control Board (CPCB) has revealed that water in nearly a dozen major stretches of the Ganga in West Bengal is so polluted that it is even unfit for bathing. The development comes at a time when the Centre has claimed that the …

The Advanced Medium Combat Aircraft (AMCA), India’s next indigenous fighter, is expected to make its first flight by 2032. Development work on the jet is under way. “The AMCA will feature geometric stealth and will initially fly with two GE-414 engines. Once we develop our own engine, it can be …

The Indian Institutes of Technology need to hire regular foreign faculty to break into top global rankings, IIT Delhi Director V. Ramgopal Rao says. In an interview with The Hindu , Professor Rao underlined the need for the brightest minds to pursue research rather than land a finance job or …

Their annual income may just be enough to repay what they borrowed; Telangana, A.P., Karnataka top the list with over 70% indebted families More than half the agricultural households in the country have outstanding debt, and their average outstanding debt is almost as high as the average annual income of …

The Central Information Commission has directed the Union Ministry of Home Affairs to provide copies of all orders passed by the Union Government from January 1, 2010 to December 31, 2015, granting remission to various prisoners across the country to A.G. Perarivalan, one of the convicts undergoing life imprisonment in …

The government on Sunday clarified that the back-series GDP data purportedly released by it was just a draft using one of the several possible calculation methods, and the Ministry of Statistics and Programme Implementation would announce the results when it settled on a final method. “It is clarified through this …

Air Marshal B. Suresh’s primary concern as he air-dropped relief supplies over flood-hit Chenganoor on Sunday was to ensure that he did not accidentally injure citizens marooned on roofs. The Air Officer Commanding-in-Chief, Southern Air Command, had made a mid-day sortie into the swamped locality on board an MI-17 B, …

Water level in Mullaperiyar dam was brought down to 140.2 feet from its maximum permissible level of 142 feet by Tamil Nadu Public Works Department officials on Sunday. No official statement was issued to clarify if the water was released from the dam on the advice of the disaster management …

Here’s some food for thought served in a pocket-friendly manner. The Tamil Nadu Hotels Association has announced a 5% discount on the bill if customers bring their own utensils and bags for food parcels. The association, with over 10,000 members, has passed a resolution to this effect. “On an average, …

Death toll rises to 210; over seven lakh people take shelter in relief camps After five days of extremely heavy rain and floods that ravaged several parts of Kerala, Sunday brought respite following a gradual decrease in rainfall and receding water levels in the flood-affected areas, particularly Chengannur and Chalakudy. …

For a visitor to the U.K., men and women sleeping rough on the streets, both in city centres and in suburban areas, have sadly become an all-too-familiar sight, but figures have shown that the situation has been getting consistently worse. Government figures published earlier this year revealed that the number …

“Education is increasingly a casualty in Afghanistan,” a briefing note by the Norwegian Refugee Council (NRC) recently observed. The note was in reaction to a larger, comprehensive report by the Global Coalition to Protect Education from Attack (GCPEA), titled ‘Education Under Attack’, which studies the impact of conflict on education …

The air was still and the streets of Zagreb bore little sign of life on Sunday, August 5, a public holiday marking the Homeland Thanksgiving Day and Operation Storm of 1995. The capital was bereft of pompous celebrations but Croatian flags hanging over nearly every shop, bar and house marked …