RBI Governor Shaktikanta Das said that while slowing growth was a concern, the next quarters would look better. Inflation, though, is a more immediate concern & would ease only in Q4.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
When the regulator clearly articulates the principles it has applied, other regulated entities in similar situations get informed on what is acceptable and what isn’t.
Shaktikanta Das said the central bank was not ‘behind the curve’ in terms of monetary policy & would base its decisions on incoming data and the outlook on inflation.
Data from microfinance industry bodies shows microloan delinquency ratios are rising once again, after having fallen consistently 2021 onwards. Lenders must do deeper checks, say experts.
Former Bangladesh Prime Minister Sheikh Hasina has, in a sense, tasted her own medicine. The International Crimes Tribunal, the special court she instituted for...
Despite tariffs, US remains India’s largest export destination, with $52.12 billion worth of merchandise exports in the first seven months of this financial year.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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