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    Inflation

    India: Expensive Fuel Pushes Wholesale Inflation to 8.3 per cent in April, Highest in 42 Months

    This development comes at a time when the economy is navigating multiple global headwinds.

    Economic Headwinds: PM Modi Leads Austerity Push as Inflation Surges and Growth Forecasts Dim

    As geopolitical tensions escalate in West Asia, the economic ripple effects are hitting Indian shores with growing intensity.

    Sri Lanka Faces Looming Medical Crisis Amid Rupee Fall, Price Controls, and Forex Crunch

    While international charitable organizations and foreign aid have provided some temporary relief through donations of medicine and supplies, experts agree that short-term charity cannot replace a functioning national pharmaceutical supply chain.

    From Default to Recovery: Sri Lanka’s Economic Resurgence Faces the Dual Tests of Climate Shocks and Poverty

    Sri Lanka has successfully navigated its way out of the darkest days of sovereign default, rebuilding a foundation of stability. However, as the World Bank’s latest assessment makes clear, this recovery remains deeply uneven.

    Middle East Military Escalation Threatens to Push 8.8 Million into Poverty Across Asia-Pacific, New UNDP Report Warns

    UN Assistant Secretary-General and UNDP Regional Director for Asia and the Pacific Kanni Wignaraja emphasized that standard economic management measures will not suffice in this landscape.

    UN News: Fears Grow Over Global Food Supply as Strait of Hormuz Disruptions Threaten Trade Routes

    As tensions persist, the world watches closely, aware that even minor escalations could have far-reaching consequences. The Strait of Hormuz, long recognised for its strategic importance in energy markets, is now emerging as a critical node in the global food supply chain.

    IMF Warns Continued War on Iran Could Trigger Global Recession

    IMF says, with tensions still high and no immediate resolution in sight, policymakers, businesses and households must prepare for a more challenging economic environment.

    Iran War Could Plunge 32 Million into Poverty, Warns United Nations

    In its policy brief released on Monday, the UNDP described the conflict as “development in reverse”, cautioning that even a fragile ceasefire may not prevent long-lasting economic damage.
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    Latest News

    NAFED and NCCF Set to Procure Every Grain of Pulses Directly from Farmers Within Two Years: Amit Shah

    With direct procurement, digital transparency, and welfare measures, India’s cooperative movement is poised for significant growth, promising higher incomes for millions and greater food security for the nation.

    Super El Niño Threatens Pakistan: Climate, Economic, and Human Security Risks Escalate

    Climate change is amplifying these risks, as warmer baseline ocean and atmospheric temperatures can intensify extremes.

    Amnesty Calls for Halt to Afghan Deportations Amid Escalating Human Rights Crisis

    Amnesty International has issued a stark appeal to governments worldwide: stop the unlawful expulsion of Afghan refugees and asylum seekers.

    Must read

    NAFED and NCCF Set to Procure Every Grain of Pulses Directly from Farmers Within Two Years: Amit Shah

    With direct procurement, digital transparency, and welfare measures, India’s cooperative movement is poised for significant growth, promising higher incomes for millions and greater food security for the nation.

    Super El Niño Threatens Pakistan: Climate, Economic, and Human Security Risks Escalate

    Climate change is amplifying these risks, as warmer baseline ocean and atmospheric temperatures can intensify extremes.
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    27.93 Per Cent of Bangladesh’s Population Lives in Poverty, National Survey Warns

    According to the survey, 27.93 per cent of Bangladesh’s population now lives below the upper poverty line, a sharp rise from 18.7 per cent in 2022.

    From Kilns to Fields: How Nepal’s Brick Workers Are Recrafting Lives

    Nepal’s brick industry – valued at several million dollars and employing approximately 300,000 workers – thrives during its limited work season.

    Afghanistan: Doctors Flee, Leaving Afghans Scrambling for Treatment

    Despite the challenges, some organisations continue to operate in Afghanistan, striving to fill the gaps left by fleeing professionals. However, without significant international support and a reversal of restrictive Taliban policies, the health-care system’s recovery seems unlikely.