Retail inflation at an 18-month low and wholesale inflation in contraction is certainly good news for India, especially when global inflation is still high. This means an RBI rate cut could be coming soon. Government bond yields moving down makes this spot even sweeter. A rare confluence of good things.
Modi’s international trip aligns with emerging world order, courting island nations key for Indo-Pacific role
PM Modi’s international trip comes in the backdrop of an emerging new world order. His tour in the Quad area is mindful of how China and Japan have been jostling for power here. If India wants to be a player in the Indo-Pacific, it must court the smaller island nations.
US, Russia, EU presence at G20 tourism meet in Srinagar is the best postcard for Kashmir
Amid all the talk of four G20 member-states and invitees’ absence from the meeting in Srinagar, what has gone unappreciated is how the presence of 29 countries—including the US, Russia and the European Union—actually fortifies the support for India on Kashmir. It’s by far the best postcard for the valley.