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Tuesday, November 5, 2024
TopicCentral banks

Topic: Central banks

Central banks are waking up to climate-change dangers. Is RBI listening?

Financial institutions and their clients are facing an increased risk of litigation for their failure to manage risks associated with climate change.

Why central banks are increasingly coming under attack from politicians

Rise of elected populist leaders and flailing economies are pushing the political establishments to reduce the autonomy of the central banks.

Central banks can no longer ignore human rights while making decisions

Central banks need to consider how factors like food production, migration, access to food, housing and jobs influence demand, and government deficits.

It’s not just RBI, central banks around the world are on alert as economic warnings flash

World Bank lowered 2019 growth forecast to the weakest since the financial crisis & monetary policy makers are seeking to shore up growth & inflation.

Why political meddling with central banks, like in India, is a terrible idea

Undoing the consequences of political meddling and restoring faith in a central bank – and the country’s currency – often requires a lot of short-term pain.

India joins world’s central banks in increasing gold bullion reserves

Experts say the RBI’s gold purchases are part of a wider picture developing across economies that is looking at de-dollarizing their forex reserves.

Urjit Patel couldn’t resist demonetisation, Modi’s previous bad idea. He should resist now

Resource-strapped Modi govt wants RBI’s surplus capital. But that can deplete RBI’s net worth & make it ineffective.

Politicians aren’t relying on economists as economists are not solving their problems

Populist upsets such as Brexit and Trump’s election suggest that traditional economic prescriptions are not working on ground.

On Camera

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

India carries out 1st patrol in Depsang since disengagement with China, to take things ‘slow’

While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.