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SCHOLARS' CORNER

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  CBS LINE Volume 4(4) REBASING THE REALITY: A DIVE INTO THE REVISED CPI SERIES Ms. Annie Joseph Research Scholar Centre for Budget Studies, CUSAT Inflation, the sustained rise in the general price level, is tracked in India through the Consumer Price Index (CPI), which the Ministry of Statistics and Programme Implementation (MoSPI) releases on the 12th of every month. For the public and policymakers alike, it is a vital metric for economic planning. A significant milestone occurred in 2026 with the revision of the CPI base year to 2024=100, replacing the long-standing 2012=100 series. This update was facilitated by the Household Consumption Expenditure Survey (HCES) conducted by the National Sample Survey Office (NSSO) during 2022–23. While a survey was attempted in 2017–18, its results were not released due to data quality concerns, leaving the 2011–12 (68th round) as the previous benchmark. By utilizing the 2022–23 HCES data and the report released in 2024, the CPI basket's we...

STUDENTS' CORNER

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  CBS LINE Volume 4(4) Fuel Crisis in India and Its Macroeconomic Destabilising Effects Bhagat M Sanil Department of Development Studies University of Calicut The stability of an economy like India is closely linked to the availability of energy resources. In India, petroleum products are the backbone of transportation, industrial production and agricultural operations. If there is a fuel crisis, which means a disruption in the supply of petroleum products or a sharp increase in their prices it can pose big risks to the economy. These disruptions do not just affect the energy sector they can also destabilise the economy.  India relies heavily on imported oil, which makes it very vulnerable to external shocks. Since India gets 85% of its crude oil from imports any changes in the global oil market can cause economic stress in India. If global crude oil prices go up, it can increase the BoT deficit and put pressure on the exchange rate. This can weaken the sector and m...

DECODE THE MONTH

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CBS LINE Volume 4(4) 🏛️ ECONOMIC POLICY 💰 China becomes India's top trade partner (US tariffs backfired) ☀️ US hits Indian solar panels with 248% tax 👉 Do this: SMBs? Look East. Solar biz? Pivot domestic or Europe—fast. 💳 FINTECH 💰 KreditBee raises $280M – personal loan offers incoming 🔐 UPI now needs 2FA for every payment (starts April 1). 👉 Do this: Compare loan rates. Never share OTP. Never 🌍 INTERNATIONAL ECONOMICS ⛽ LPG shortages + petrol at record high (Middle East chaos) 📦 Shipping delays to India: 5–10 days extra 👉 Do this: Fuel rewards apps now. Order festive gifts today – last minute = regrets 📊 MACRO UPDATE 📈 Inflation at 8.66% – RBI holds repo at 5.25% 💼 AI/ML hiring up 45% – white-collar boom 👉 Do this: Kill credit card debt. Lock home loan rates longer. Upskill in AI or get left behind Roshni Thayyil Msc Econometrics and Financial Technology

TECH HACK

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CBS LINE Volume 4(4) Nandumon Sabu & Fathima Rafna MSc in Econometrics and Finanacial Technology

QUIZ CORNER

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   CBS LINE Volume 4(4) Quiz Corner Start Quiz Fidha Fathima MSc in Econometrics and Financial Technology Previous Next Your Score: /10 Restart

UPCOMING EXAMS

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   CBS LINE Volume 4(4) Job & Exam Alert Bulletin Application Deadlines: May 2026 Government & SSC (Central) Exam/Post Name Closing Date SSC Selection Post Phase 14 May 4, 2026 SSC Stenographer May 15, 2026 SSC CGL 2026 May 15–20, 2026 (Tentative) SSC CHSL 2026 May 31, 2026 SSC JHT May 31, 2026 UPSC & Defense UPSC CAPF (AC) May 14, 2026 Assam Rifles (Havildar/Rifleman) May 11, 2026 Andaman & Nicobar Police (Group B/C) May 17, 2026 Banking & Financial Sector SBI Resolvers May 5, 2026 RBI Grade B Off...

UPCOMING CONFERENCES

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   CBS LINE Volume 4(4) Upcoming Conferences – May May 2 International Conference on Cross-Border Banking and Financial Flows – Hyderabad, India National Conference on Social Science and Economics – Kolkata, India International Conference on Entrepreneurial Decision-Making and Business Models – Coimbatore, India National Conference on Business, Economics, Social Science and Humanities – Goa, India National Conference on Business Management and Social innovation – Bangalore, India National Conference on Business, Economics, Social Science and Humanities – Bangalore, India International Conference on Derivatives, Securities, and Risk Hedging – Visakhapatnam, India International Conference on Emerging Markets and Entrepreneurial Business – Mumbai, India International Conference on Small Business Economics and Policy Challenges – Goa, India International Conference on Global Investment Trends and Economics – Kolkata, India International Conference on Quantitativ...

VOICE & VIEWS

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Prof.Dibyendu Maiti Delhi School of Economics, University of Delhi 1.How do labor, technology, and informality interact in shaping economic development in countries like India? Respondent: The relationship between labor, technology, and informality plays a crucial role in shaping economic development in countries like India. Despite significant economic growth since independence, a large informal sector continues to persist. While growth has brought technological advancement, it has not been sufficient to absorb informal workers into the formal sector. This remains one of the major challenges for the Indian economy. Technology adoption is indeed taking place, but it is largely concentrated in a few industries within the formal sector. As a result, some level of structural imbalance has emerged. The informal sector, which includes a significant portion of production and consumption activities, has not been able to effectively access or adopt modern techno...

THE EDUCATORS' PEN

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CBS LINE Volume 4(3) Invisible Labour, Visible Impact: Rethinking Women’s Work, Care Economy, and India’s Growth Story Sony Jacob Assistant Professor on Contract (Econometrics) PG and Research Department of Economics Catholicate College, Pathanamthitta India’s economic growth story often celebrates rising GDP, expanding industries, and increasing workforce participation. But there is a silent contradiction at the heart of this narrative — a massive portion of productive work, primarily done by women, remains invisible. This work is not counted, not paid, and often not even recognised as “work.” It is unpaid care. Where the real economy begins? — Inside households.   Every economy begins at home. Meals cooked, children raised, elderly cared for, routines managed — these are not just personal responsibilities. They are the foundational systems that sustain labour markets, productivity, and human capital. Yet, these contributions are excluded from GDP. In India, women spend signifi...