British pound. (File: Xinhua/Then Chih Wey/IANS)

UK government debt hits £2 trillion for first time

The UK government debt has increased above 2 trillion pounds ($2.6 trillion) for the first time amid heavy spending to support the economy amid the coronavirus pandemic, the Office for National Statistics (ONS) revealed on Friday. Aug 21, 2020
Raghuram Rajan

India should focus on protecting economy, says ex-RBI governor

India was placed under one of the strictest lockdowns in the world in late March for more than two months to stem the spread of the coronavirus, but cases have continued to rise steadily since the government eased restrictions in June, stymieing hopes of an economic recovery. Aug 6, 2020