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Wednesday, April 24, 2024
TopicIndian Rupee

Topic: Indian Rupee

RBI & Modi govt come together to fight falling rupee & cash crunch at the same time

Kartik Goyal -
RBI has allowed banks to dip further into statutory liquidity reserves to help them meet their liquidity coverage ratio needs after Modi govt raised custom duties.

Rupee rout prompts Modi govt to raise customs duties on $12 billion of goods

Swansy Afonso -
The taxes on 19 items will be effective Thursday as Modi govt seeks to narrow the current-account deficit and support the rupee.

Modi govt plans to cut imports to counter falling rupee

Shruti Srivastava -
As the rupee plunges, the Narendra Modi government has decided to cut the imports of goods including electronics and steel.

India’s software exports are not the answer to the rising oil bill

TN Ninan -
Attention has to be focused on the relative stagnation in merchandise exports over the medium term.

IMF estimates rupee’s depreciation to be only 6-7%

PTI -
The world body warned that the rupee depreciation would jack up the prices of imported goods such as oil and petroleum products.

Rupee recovers to a 18-month record high, Modi govt expected to announce measures

Siddhartha Singh -
As the rupee breaks all records, the Narendra Modi government is expected to announce measures to support the currency. 

Export figures help rupee rebound from historic low, Sensex surges by 305 points at close

PTI -
The rupee had closed at yet another record low of 72.69 Tuesday. 

Time to support rupee as overvaluation argument is seen to be easing

Subhadip Sircar -
There are dangers in using the overvaluation argument to not support the rupee when it is hitting multiple lows, experts say.

Record-low Rupee puts RBI under pressure to step in

Anirban Nag -
Though RBI has raised interest rates twice since June and depleted billions of dollars to boost the currency, it has not been successful.

Rupee crashes to 72 per dollar as India scrambles to halt fall

Kartik Goyal -
The currency has set a string of record lows, shadowing India’s optimistic world-beating economic growth.
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Economy

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

+TFP TCA Sharad Raghavan -
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

Defence

India, Oman hold 5th annual high-level meeting to boost maritime security

ThePrint Team -
Both the governments expressed their commitment to strengthening their maritime cooperation to strengthen the maritime safety and security framework in the region.

National Interest

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

Shekhar Gupta -
While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.

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