Larger govt spending will ignite demand, and it will not add to inflationary pressures in these times, irrespective of the way it is financed, said Rajan.
The positive momentum strengthened as RBI announced liquidity facility of Rs 50,000 crore for mutual funds aiming to ease liquidity pressures on mutual funds.
India's debt markets have been reeling under the coronavirus lockdown, prompting risk-averse investors to dump assets and worsening liquidity in some corporate bond trading.
If we want to focus on the symbol of the hand specifically as part of Islamic culture, it does exist among Middle Eastern Muslims and is called Hamsa in Hebrew and Khamsa in Arabic.
11 of 15 major river basins in India to experience water stress by 2025. India’s major power grids depend on 14 major river basins, all of which are under ‘high water stress’.
1st batch of India-assembled weapons consisted of 5,000 AK-203 rifles with only 5% indigenous components. This will increase to 70% when initial lot of 70,000 is completed in 32 months.
Changed reality for Modi govt in its 3rd innings is by no means rise of a new phenomenon. It's a return to old normal where even majorities had to routinely wrestle with storied million mutinies.
The biggest ponzi scheme was launched by the US in 1971 and it is called the US Dollar. Violating the fundamental demand-supply law, the reborn USD, delinked from the gold standard, created infinite supply out of thin air. And a private entity, the Fed, financially ‘engineered’, to create the bubble called ‘Quantitative Easing’. And the rest is history – a bubble invented in the US and exported to / replicated by the world.
The solution to bursting these bubbles is to create / ‘financial engineer’ an instrument to secure the fundamental law of demand-supply, e.g. a SDR which is backed by gold. The time now is right, as a lot of countries affected by US sanctions on one pretext or the other, want an alternative to the USD. Delink the USD from the global economy.
During his tenure as RBI governor, MSME sector in India, the biggest source of employment in urban regions suffered due to high interest rate. Now, he advises embracing inflation. India’s rating will go down further. A dangerous well-wisher.
We don’t require suggestions, recommendation or opinions from a idiot who left the country
The biggest ponzi scheme was launched by the US in 1971 and it is called the US Dollar. Violating the fundamental demand-supply law, the reborn USD, delinked from the gold standard, created infinite supply out of thin air. And a private entity, the Fed, financially ‘engineered’, to create the bubble called ‘Quantitative Easing’. And the rest is history – a bubble invented in the US and exported to / replicated by the world.
The solution to bursting these bubbles is to create / ‘financial engineer’ an instrument to secure the fundamental law of demand-supply, e.g. a SDR which is backed by gold. The time now is right, as a lot of countries affected by US sanctions on one pretext or the other, want an alternative to the USD. Delink the USD from the global economy.
This is the same Ravhuram Rajan who silently allowed looting of public sector banks during UPA Govt… What morals he has got to speak now
During his tenure as RBI governor, MSME sector in India, the biggest source of employment in urban regions suffered due to high interest rate. Now, he advises embracing inflation. India’s rating will go down further. A dangerous well-wisher.