Retail inflation falling to 4.59% after staying above 6% for eight straight months is a big relief. This is a reprieve for RBI and should open more policy space for it to support growth damaged by the pandemic. It also strengthens RBI’s case for retaining the existing inflation targeting band.
SC stay on farm laws is gratuitous interference, puts its invaluable institutional capital at risk
We Indians passionately believe we can do others’ job better. It’s more troublesome when Supreme Court also shows the same frailty. The stay on farm laws and formation of a committee is a gratuitous interference in the executive and legislative domains. It brings serious risk to SC’s invaluable institutional capital.
China pullout from parts of Ladakh not a negative. Will be perilous to read more into it
The most we can say about China’s withdrawal of about a division from in-depth deployments in the Ladakh sector is that it isn’t a negative. It is perilous to jump to any conclusions of de-escalation. Good that General M.M. Naravane underlined the continuing vigil in his pre-Army Day press conference.