While persistent inflation led to failure to achieve inflation target in 2022 for the first time since 2016 and exports slowed down, the banking sector continued to be resilient.
The Russia-Ukraine crisis has led to a rush towards safe haven assets such as gold and the US dollar. Investors are selling riskier assets such as Indian equities.
New Delhi/Mumbai: The lone dissenter among India’s monetary policy setters sees the central bank’s inflation-targeting credibility at risk by keeping policy loose for too...
Lack of dedicated debt agency leads to conflict between managing govt debt and inflation. RBI chose former, but rate hike would have helped normalisation, attracted foreign funds.
Few were as bold in the first two years of pandemic as Indonesia, which used the central bank to directly finance an expansion in govt spending. But times have changed.
In a conversation with Shekhar Gupta at 'Off The Cuff', Gita Gopinath says India must maintain its momentum on spending to provide support to the economy.
This is the ninth time in a row that the MPC has maintained the status quo. RBI had last revised its policy repo rate on 22 May 2020 in an off-policy cycle to perk up demand.
RBI Governor Shaktikanta Das says Monetary Policy Committee unanimously decided to continue with accommodative stance to support growth, keep inflation within target.
Through film, textile, scent, sound, and gesture, spectators are invited to descend into an immersive environment where inherited knowledge seeps through material and form.
November exports to the US saw 10% growth from the previous month. Overall, in the first 8 months this fiscal, the merchandise exports to the US touched has touched $59bn.
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.
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