As per US Federal Reserve, the number of jobs held by men fell by 1,42,000 in 12 months while women acquired 2,98,000 jobs, marking a major economic and cultural trend.
Russian discounts and diversified Gulf contracts managed the financial burden for India, but vulnerability remains. The situation calls for strategic policy rather than alarm.
Scrapping ‘outdated and anomalous’ tax will trigger lower borrowing costs, ensure stronger rupee and healthier forex position, and boost economic growth because of lower capital cost.
In a rare joint statement, central bank chiefs including those at the ECB, Bank of England and Bank of Canada said preserving central bank independence is vital for economic stability.
A depreciating dollar and abundant liquidity provide an opportunity to explore the rupee’s potential regional role. This represents a significant step toward monetary autonomy.
March has been a good month for equity & currency, backed by FPI inflows & weak dollar. Going forward, tariffs, Chinese markets, oil prices & corporate earnings may have a role to play.
US & Indian policy rates have seen similar trajectory. With Fed’s rate cuts, difference between interest rates in India & US may widen, leading to foreign capital inflow & stronger Rupee.
Russia now accounts for about half of India’s crude imports. Experts say this reflects source diversification, but high concentration carries risks from sanctions, shipping curbs.
Sergio Gor visits C-130J production line at TLMAL as Tata and Lockheed Martin explore the Medium Transport Aircraft competition and expand defence manufacturing in India.
At some point Pakistani dictators begin to show paranoia. That’s the strategic reality most relevant to India since the late fifties. Munir’s case is worse, like some sudden acrophobia.
COMMENTS