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In Search of a New Theology
The Coronavirus outbreak calls for a major stimulus by the Government to rescue an already sagging economy. But the 2021 Budget was itself premised on fiscal conservatism and had made unrealistic…
Who is Afraid of the Exchange Rate?
How do we measure the exchange rate? Why do we not have a fixed exchange rate which would make life simpler? Why does the US dollar enjoy a near-supreme power? Why has the value of the Indian rupee…