Dollar's future, austerity fears, Trump's gas tax holiday & India’s gold economy| Bidishanomics Ep10

Why did the government raise long-term capital gains tax on gold? As the world gradually transitions beyond oil, could the dominance of the US dollar weaken—and under what conditions could currencies like the Indian rupee emerge as reserve alternatives? In this episode, Dr. Bidisha Bhattacharya examines whether austerity measures send the wrong signal during a period of global disruptions, whether monetising India’s vast household gold reserves is a realistic solution to reducing import dependence, how higher import duties have historically impacted tax collections and smuggling, and whether proposals like a US gas tax holiday could worsen debt and bond market pressures. All this and more in conversation with Sabika Syed.
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