Topic: currency
Modi govt’s dollar bond made too many enemies
Now that $10 billion in subscription is unlikely to come in October, masala bonds, or rupee debt sold overseas to global investors, could be the solution.
RBI pushed for trading platform to make forex cheaper for retailers. But it benefits banks
RBI allowing banks to charge users a ‘pre-agreed flat fee’ affects its intention of reducing retail cost of buying & selling foreign currencies.
US removes India from its currency monitoring list
On May 2018, India was placed on the list of countries with potentially questionable foreign exchange policies along with China, Germany, Japan, South Korea and Switzerland.
Is the Indian rupee overvalued?
From being Asia’s worst performing currency, Indian rupee turned on its head weeks before 2019 elections and further appreciated after BJP’s victory.
May need more currency as GDP size increasing, says RBI
Demonetisation caused a shrinkage in currency, but a growing GDP could require more currency in the system.
Modi staying away from Parliament amounts to political obscenity
ThePrint view on the most important issues, instantly.
Liberals hated the colours of Modi’s new notes but never understood their politics
The currency note was a prop, the ATM queues an exercise in behavioural psychology.
To stop rupee dive, India needs to move labour away from agriculture
Almost any movement of labour to non-agricultural activity — like construction or serving tourists — will translate into productivity gain.
Revised GDP data shows why Narendra Modi can’t let go of falling rupee
In the absence of reliable jobs data, all that was missing from the Congress' attack was clinching proof that his policies were growth-unfriendly.
Can India afford the rupee crossing the 70 mark or should the RBI boost the currency?
Currency experts say the rupee is expected to breach the 70-to-a-dollar mark in the next six to eight months. Experts weigh in.
Animals have come home. Covid-19 lockdown gives control back into nature’s hands
With people in India and elsewhere locked down in homes due to the coronavirus, the peaceful reclamation of public spaces by animals is teaching us important lessons.
Modi’s 9-min candle plan Sunday: Needless spectacle or much-needed motivation for Indians?
PM Modi requested Indians to light candles, lamps or mobile torches at 9 pm Sunday for nine minutes in a show of solidarity in the fight against Covid-19.
Defence
In a first, Army deploys medical team at civil coronavirus quarantine camp in Delhi
The Indian Army has so far only been operating out of quarantine camps set up by the armed service for coronavirus patients.
Poke fun at taali, thaali, diya and mombatti all you want. Modi couldn’t care less
Modi knows who he needs to speak to, who he should toss, who he can address in kind. People accuse him of infantilising his voters, but it’s a winning strategy.