Though the impact of the output cut on crude supplies wouldn’t be much, there are other factors at play that would fuel a rise in global crude prices. Read more »
Enhanced digitisation and mutual recognition agreements can help India achieve its services exports targets. Read more »
While rising employment rate is considered a good sign, most of the gains are from women and children joining the workforce to support families amid a rural distress. Read more »
BRICS nations had initiated talks to create a reserve currency earlier also, but the move fizzled out due to more pressing national and international matters. Read more »
Through the repo rate hike, the RBI monetary policy committee has tried to tackle global headwinds and runaway inflation at home. Read more »
Chinese economy is one of the growth engines of the world and even a temporary decline will have disastrous consequences for the global economy. Read more »
Analysts had earlier speculated that the government wasn't likely to take the political risk of stopping the free rations in view of the upcoming assembly elections in Gujarat and Himachal Pradesh where... 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 weak rupee will fuel inflation and hurt India’s GDP growth and trade balance. Read more »
The Federal Reserve has already raised its benchmark interest rate by two-and-a-half percentage points since March without making much of an impact on prices. Read more »