The repo rate cut should be interpreted as a pre-emptive measure to create a buffer, ensuring that the economy enters the forthcoming year with adequate liquidity.
New Delhi: India’s policy of managing the exchange rate’s volatility hasn’t changed, central bank Governor Sanjay Malhotra said, quashing speculation that it was allowing...
RBI governor Sanjay Malhotra, in MPC statement, said the main purpose of open-market bond purchases was to infuse primary liquidity & not to influence the currency or bond yields.
A monthly publication of the Trade Exposure Inflation Index would enable markets, analysts, and the public to observe how much of inflation is actually imported versus how much is domestically generated.
The other emerging market currencies experienced a more pronounced depreciation against the dollar than the rupee in 2024, resulting in a relative appreciation effect.
RBI retained its projection of 6.5% growth, but highlighted global uncertainty, particularly due to renewed tariffs from July & volatility in commodity prices as risks to growth outlook.
This comes amid looming uncertainties as Trump’s tariff regime kicks in. RBI also revised its growth estimates for FY25-26, lowering GDP estimates by 20 points to 6.5% from 6.7%.
In an era of polarised politics and fiscal inertia, the world’s most powerful democracies struggle to issue debt beyond 30-50 years. Yet a private entity has convinced the market of its viability through the year 2126.
On bilateral ties, Admiral Paparo said India-US ties have an exponential effect on deterrence, because it demonstrates a unity of purpose among us to maintain the peace.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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