The last-minute deal to avert the US debt ceiling crisis will have repercussions reverberating across the global economy. #inflation #useconomy #fiscaldeficit Read more »
The #RBI must follow the lead of the #Fed and other central banks that have moderated rate hikes and end the #reporate hike spree for now. #globalrecession #inflation #gdpgrowth Read more »
Considering that retail inflation is ruling below the RBI’s tolerance limit and the economy is showing resilience in the face of global headwinds, RBI can afford to put the brakes on the... Read more »
Higher female labour force participation in India would lead to optimum utilisation of available human talent and can boost the GDP by 27%. Read more »
The RBI panel is unlikely to go in for another aggressive interest rate hike that could hurt growth at a time when the global economy is staring at a recession. Read more »
Pulapre Balakrishnan’s book 'India's Economy from Nehru to Modi: A brief history' traces the evolution of economic thought under the country's prime ministers. Read more »
Inflation in India is not because of fiscal or monetary profligacy, so there is no need to emulate aggressive rate hikes by the West. Read more »
RBI need not worry about the interest rate differential as the real policy rate in India is around (-)1.50% while that in the US is (-)5.3%. Read more »
The US has aggressively increased its benchmark interest rate because inflation is 5 times the normal level, but that is not the case for India. Read more »
NPAs of the public sector banks will increase, especially in infrastructure sector, forcing the government to recapitalise many of them through the Union Budget. Read more »