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Economy

India's Growth-Inflation Dynamics Face External Shocks: West Asia Conflict and Monsoon Risks

Indian Express - OpinionPrelims · EconomyMains · GS3 Economy

India's GDP growth is projected to slow to 6.6% in FY26 due to West Asia conflict and sub-par monsoon forecasts, while inflation may rise to 5.1%, highlighting vulnerabilities in external sector management and domestic policy responses.

  • NSO estimates revised FY25 GDP growth to 7.7%, exceeding potential growth rate of 7%, driven by robust domestic demand and services exports despite global headwinds.
  • West Asia conflict has created energy shocks (crude expected at $90-95/barrel vs $70 last year) and trade disruptions, increasing freight costs and external sector vulnerability for import-dependent India.
  • Monsoon risks with El Niño forecast at 90% of LPA threaten agricultural output and food inflation, compounded by heatwave impacts on crop production.

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Polity & Governance

AI Wealth Distribution Debate: Revisiting Capital vs Labour in Technological Revolutions

Indian Express - OpinionPrelims · Current affairsMains · GS2 Governance

Global leaders including Pope Leo XIV, US politicians, and tech executives are debating wealth distribution from AI, echoing historical industrial revolution tensions between capital and labour, with significant implications for economic equity and governance.

Polity & GovernanceGS2

TMC Defection Crisis Tests Anti-Defection Law and Opposition Unity

Indian Express - OpinionPrelims · PolityMains · GS2 Polity and constitution

The TMC faces an unprecedented internal crisis with significant defections to BJP, challenging the Tenth Schedule's anti-defection provisions and raising concerns about democratic accountability and opposition space in India.

International RelationsGS2

Society, History & CultureGS1