Former UN Advisor Santosh Mehrotra urged the government to tax the super-rich instead of relying on indirect taxes on fuel and gold, warning these are fueling inflation and job losses. He cautioned that escalating geopolitical tensions could push the Indian Rupee to ₹100 against the US dollar within a quarter, exacerbating economic stress.

He expected inflation to rise further as government action on fuel and gold comes "too little, too late," while geopolitical risks and supply disruptions keep pressure on the…

Former UN Advisor Santosh Mehrotra urged the government to tax the super-rich instead of relying on indirect taxes on fuel and gold, warning these are fueling inflation and job…