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    Iran War

    Finance and Economy

    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.
    OWSA Staff -
    Bangladesh

    World Bank: Middle East Conflict to Push 1.2 Million More Bangladeshis Below Poverty Line

    At the international poverty line of $3 a day, an additional 1.4 million people are estimated to have slipped into poverty between 2022 and 2025 due to stagnant labour incomes and persistent inflation that eroded the benefits of whatever growth occurred.
    OWSA Contributor -
    Agriculture

    IMF, World Bank and WFP Warn: Iran War to Drive Sharp Rise in Global Food Prices

    As the two-week ceasefire takes effect, markets will be watching closely for signs of sustained de-escalation. Yet even if fighting subsides, the economic scars of the Iran war may take far longer to heal, the three organisations said.
    OWSA Staff -
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    Latest News

    Agriculture

    India’s Supreme Court Urged to Expedite Contempt Case Over Alleged GM Rice Releases

    The case raises wider questions about how rapidly advancing biotechnologies are governed in one of the world’s largest agricultural economies and food exporters.
    Air

    Indonesia Rejects National Disaster Status as Toxic Haze Blankets Southeast Asia

    ASEAN foreign ministers are expected to discuss the transboundary haze at an upcoming meeting. The episode highlights longstanding regional tensions over the annual haze, which has strained diplomatic relations in previous severe seasons such as 2015.
    E-governance

    Sri Lanka’s Middle Class Shrinks as Nearly 400,000 Households Slide Down Income Ladder, Says Boston Consulting Group

    BCG says that policymakers and businesses alike will need strategies that address both the scale of the rural middle class and the constraints facing households that have slipped downward if the gains of recovery are to become more widely shared.

    Must read

    Agriculture

    India’s Supreme Court Urged to Expedite Contempt Case Over Alleged GM Rice Releases

    The case raises wider questions about how rapidly advancing biotechnologies are governed in one of the world’s largest agricultural economies and food exporters.
    Air

    Indonesia Rejects National Disaster Status as Toxic Haze Blankets Southeast Asia

    ASEAN foreign ministers are expected to discuss the transboundary haze at an upcoming meeting. The episode highlights longstanding regional tensions over the annual haze, which has strained diplomatic relations in previous severe seasons such as 2015.
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    Employment

    India Post and Ministry of Rural Development Sign Landmark MoU to Boost Financial Inclusion and Rural Economic Transformation

    India Post’s extensive infrastructure – including over 1.5 lakh rural post offices, the India Post Payments Bank (IPPB), and nearly 2.4 lakh Gramin Dak Sevaks – will serve as the backbone for last-mile delivery of integrated services.
    OWSA Staff -
    E-governance

    Sri Lanka’s Middle Class Shrinks as Nearly 400,000 Households Slide Down Income Ladder, Says Boston Consulting Group

    BCG says that policymakers and businesses alike will need strategies that address both the scale of the rural middle class and the constraints facing households that have slipped downward if the gains of recovery are to become more widely shared.
    Air

    Indonesia Rejects National Disaster Status as Toxic Haze Blankets Southeast Asia

    ASEAN foreign ministers are expected to discuss the transboundary haze at an upcoming meeting. The episode highlights longstanding regional tensions over the annual haze, which has strained diplomatic relations in previous severe seasons such as 2015.
    Iran War

    India’s Wholesale Inflation Surges to 11.39% in September on Fuel and Food Price Pressures

    The provisional September figures, compiled with a weighted response rate of 83.4 per cent, will be subject to revision.

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