The RBI is on course for its most aggressive monetary policy easing in more than 3 years, as it seeks to support the economy in the face of risks both at home and abroad.
Inflation has been rising steeply, as it peaked at 5% in June, especially in the backdrop of a weak rupee and higher oil prices, India’s primary import commodity.
Despite lowering inflation projections just two weeks ago, the tone of the minutes show the debate was veering toward a possible interest rate increase and...
Indian judiciary has a corrosive imbalance between the bar and the bench. Those who supervise the district judiciary do so without the lived experience that is essential for meaningful reform.
With the US-India trade deal yet to get done, rupee depreciation may be helping to mitigate India’s loss of competitiveness. The other problem is extreme despondence among overseas equity investors.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
This comes partly from the heart, partly from the gut, not that my brain has shut down. I would be pleasantly surprised if the economy is growing above 4%.
This comes partly from the heart, partly from the gut, not that my brain has shut down. I would be pleasantly surprised if the economy is growing above 4%.