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Friday, March 29, 2024
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Ilanomics

Why RBI must stick to fundamentals amid global churn to ensure macroeconomic stability

More and more central banks are shifting their focus back to inflation even as growth recovery remains nascent. In this environment, RBI should avoid drastic policy responses.

Omicron worries hit Indian economy just when it seemed poised to recover lost ground

Uncertainties around the variant could potentially increase restrictions, impacting the nascent recovery visible in the contact-intensive sectors.

Low rates are for short-term. RBI must raise rates to help household savings as inflation rises

Emergence of Omicron could pose downside risk to growth, while inflation is also edging up. Tolerating inflation to support growth was right call, but change is needed in future.

Modi govt’s pandemic strategy focused on revival has worked. Economic indicators prove it

Modi government’s policy response to Covid — focusing on directed credit to the distressed — was prudent, even if unpopular.

Don’t fear crypto or digital currencies, let India’s young ride the online services boom

The post-Covid world is witnessing an explosion of the global digital services sector. This time it’s not just about software engineers. An increasing number of...

Protecting livelihoods is the next frontier for India in the fight against climate change

For a developing nation, putting some sectors on a path of lower carbon emissions without compromise on growth and development, is a challenge. 

Opening govt bond market to retail investors is a good start. Challenge is making it a success

Direct retail participation needs to be followed by full bond market integration and separation of debt management functions from RBI.

How India’s informal economy is shrinking, and why that’s good news in the long term

Greater formalisation will see a shift from low-paying, labour-intensive jobs in informal sector to more productive, formal-sector jobs. This could lead to disruption in short term.

Why India must change rules after COP26, let rich nations pay it to hit climate change targets

India is not committing to net zero emissions at COP26, but one day it will need to. This is the time to initiate legal and regulatory changes and allow finance to flow in.

Economic recovery has finally begun, but India needs to watch out for global headwinds

September saw 85 lakh jobs added, the highest since the Covid shock in March 2020. Inflation has fallen, exports are rising, and 1 billion vaccinations is an important milestone.

On Camera

Oka to Nagarathna—Bombay High Court judges taking up the cudgel when faith in courts eroding

When lynching, hate speech and bulldozer politics do not speedily invite the wrath of courts, then something is wrong with the third pillar of governance.

Congress attacks chief economic advisor over statement on unemployment, asks BJP govt to ‘vacate seat’

While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.