Oil prices have plunged to a record low in the last 22 years. There is a huge gap between the demand and supply and storage facilities are reaching their limits. The buildup of the stockpiles is due to fall in demand caused by the pandemic.
Relevance: Recently, National Statistics Office has published a report, which says that in the April to June quarter of 2020, India’s GDP contracted by 23.9%, this in comparison to the same period last year. Simultaneously, [Read More]
The COVID-19 pandemic is indeed a “turning point in history”. The pandemic calls for a new human-centric concept of globalization. It is also important to not lose focus on the existing global challenges such as [Read More]
To promote the indigenous defence industry and reduce import bill, the Finance Minister had announced the formulation of a negative imports list of imports with the consultation of Department of Military Affairs. [Read More]
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