The former RBI governor said developing economies were in a stronger position to absorb interest rate hikes by the US Fed than during the so-called taper tantrum in 2013.
Despite India's state-run banks being in a rundown condition, the country's rich private banks are keeping investors' belief alive in the Indian economy.
‘Mother kept pouring water in our eyes whenever the burning became unbearable. She pushed our bodies deep into the blanket, making sure not a single part was exposed,’ my father said.
December oil imports from Russia may drop nearly 50%, but Indian buyers already shifting to non-designated Russian entities and opaque trading channels to keep Russian oil flowing.
The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
The US economy, and the US dollar, cannot continue to be an island of strength when global growth is slowing, partly due to the trade war initiated by America. US CEOs are raising cautionary flags, including on restrictive immigration policies. President Trump seems immune to good advice from sensible people.
The US economy, and the US dollar, cannot continue to be an island of strength when global growth is slowing, partly due to the trade war initiated by America. US CEOs are raising cautionary flags, including on restrictive immigration policies. President Trump seems immune to good advice from sensible people.