The “roti crisis” in Pakistan underscores the country’s broader economic challenge – a struggle to balance social welfare with inflationary pressures in an economy...
At least 16 people were killed and several others injured after a massive fire engulfed a garment factory and an adjoining chemical warehouse in Dhaka’s Mirpur area on Tuesday, October 14, exposing once again the fragile state of industrial safety in Bangladesh’s most vital economic sector.
This warning comes more than a decade of heedless spending for ‘stimulus’ advocated by macro-economists themselves.
The warning also comes amid growing concern that the post-pandemic stimulus era may be giving way to a more constrained fiscal environment worldwide.
The avalanche’s impact generated a powerful displacement wave that breached a second downstream glacial lake, releasing an additional 303,000 cubic metres of water – a combined total equivalent to 185 Olympic-sized swimming pools.
The October rains also coincided with the autumn flush, a critical harvest that typically contributes about 15 per cent of Darjeeling’s annual production.
Yadav assessed the compliance status of various Central ministries, municipal authorities, and government bodies in relation to decisions taken earlier – particularly those from a September 16 review.
While the company’s withdrawal may seem abrupt, it is the result of mounting pressures – both internal and external – that eroded its once-thriving business in Pakistan.
Sitharaman said that the Union Budget aims to sustain economic momentum by fostering private investment, stimulating growth in key sectors, and enhancing the spending power of India’s rising middle class.