Introduction

An economic recession is a period when the economy becomes weak for a long time. Business activity slows down. Factories produce less goods. People lose jobs. Income falls. Demand in the market becomes low. Investment also decreases.

A recession affects both rich and poor people. It creates fear in the economy. Governments and central banks then take steps to control the situation.

Introduction

The specter of the 1877-78 Super El Niño—a climate event linked to global famines and millions of deaths—haunts climate science today. As the Pacific Ocean exhibits alarming warming trends, with sea surface temperatures potentially exceeding 3°C above average by 2026, scientists warn of a historic recurrence. For a climate-sensitive nation like India, where nearly 70% of annual rainfall depends on the fickle southwest monsoon, understanding this threat is not academic but existential. This answer analyzes the phenomenon, its potential impact on India, and the necessary preparedness measures.

Overview

India is set to host the fourth India-Africa Forum Summit in New Delhi on 31 May 2026, an event that reflects the rapidly growing partnership between India and African nations. Leaders, ministers, diplomats, policymakers, and business representatives from across Africa are expected to participate in what is likely to become one of the most significant diplomatic gatherings of the year for the Global South.

BSE Housing Finance Index: Empowering Sectoral Benchmarking of financial markets in India.

The introduction of the BSE Housing Finance Index on April 20, 2026, is a significant step in the changing Indian capital markets. In a way that would monitor the performance of housing finance companies (HFCs), it is a sector-specific index that reflects the growing sophistication of the financial ecosystem in India, as well as the growing significance of housing finance in economic development.

The decision of the Delhi government to prepare a specific semiconductor policy is an important change in the attitude of India towards the creation of a strong and highly competitive in the world semiconductor ecosystem. Delhi has been developing a strategy that at a time when semiconductors have become the keystone of modern economies, driving industries as artificial intelligence to defence systems, there is a transition to less manufacturing-centric models to more knowledge-based ones, which are design-led.