Higher inflation has complicated policy choices for most central banks, including in advanced economies. Central banks reduced interest rates and pumped liquidity into the system last year to deal with the disruption being caused by the Covid-19 pandemic. But the pace of economic recovery and pick-up in prices have surprised policymakers. In this context, our lead editorial notes that although it’s not clear when all supply lines will start functioning normally, global commodity prices seem to be stabilising. Read here
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The gains from the sale of Air India would be incomplete if follow-up steps

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