India’s first fast-breeder nuclear reactor set for commissioning by 2026

Once operational, it will recycle spent fuel from India’s Pressurised Heavy Water Reactors (PHWRs), significantly reducing radioactive waste and enabling the shift to thorium-based reactors in the third stage of the nuclear cycle. | Photo Credit: S.S. Kumar India’s first prototype fast-breeder reactor in Tamil Nadu’s Kalpakkam is expected to be commissioned next year, nearly…

COVID-Economics Links (May 7) ~ Antonio Fatas on the Global Economy

COVID-Economics Links (May 7) ~ Antonio Fatas on the Global Economy Blogs, Opinions and Academic papers COVID-19 lockdowns have increased support for incumbents, trust in government, and satisfaction with democracy – Blais, Bol, Giani and Loewen  (VoxEU) Germany’s Judges Declare War on the ECB – Willem H Buiter The value of social distancing is not equally distributed – Barnett-Howell and…

Business impact of Trump tariffs

With US Vice-President JD Vance visiting India on April 21, New Delhi faces a crucial moment to reassess its trade approach with Washington. The sharp rise in US tariffs on Chinese goods has opened up rare export opportunities for countries like India — but it has also brought new risks, including trade diversion, dumping, and…