ThePrint spoke to several prominent economists on whether RBI’s current interest rate policy is adversely impacting growth or if watching inflation should be the way forward.
Global media also discusses the India-UK free trade agreement, RBI governor's call to not cut interest rates & targeting of Muslim journalists in Uttar Pradesh.
The central bank kept the key repo rate unchanged for an eighth straight policy meeting earlier this month saying robust economic growth will give it space to focus on bringing down inflation towards its medium-term target.
Governor Shaktikanta Das also provided a positive outlook for manufacturing and services sector, while adding that agricultural sector was expected to remain resilient.
RBI Governor Das highlighted benefits of central bank digital currencies, or e-rupee in India’s case, and said it is working on ‘programmability’ of e-rupee to enable cash transfers.
RBI’s monetary policy committee voted to keep interest rates unchanged at 6.5%, says RBI Governor Shaktikanta Das. Adds, inflation is set to ease further to 5.2% by end of financial year.
As Visakhapatnam readies a mega airport, the Andhra Pradesh government has revived its shelved Dagadarthi project, aiming to boost cargo and connectivity on the south coast.
Both the Russian and Ukrainian militaries are leaning on drones, but they’re also firing cruise and ballistic missiles, some of them relatively new and experimental.
UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.
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