Tag: economic growth
India’s central bank withdraws over 6 trillion rupees of bank liquidity after record spike
MUMBAI: The Indian central bank absorbed more than 6 trillion rupees ($63.53 billion) through cash withdrawal operations on Monday, a day after banking liquidity surged…
Centre sees no cost pain for RBI on dollar deluge
New Delhi | Mumbai: The Centre does not expect the Reserve Bank of India (RBI) to face material costs from the unprecedented $127-billion inflows through…
India’s strong economic momentum continues despite global uncertainties, says Chief Economic Adviser
New Delhi: Chief economic adviser V Anantha Nageswaran Monday said the domestic economic momentum is very strong in the near term even as uncertainties remain…
GDP is still the GOAT of economic statistics despite its many flaws
It is an odd confession to make about a statistic, I realize, but then again I am an economist, so I am just going to…
The RBI is emerging as an Asian rate outlier. Five charts show why
India’s central bank is emerging as one of Asia’s monetary policy holdouts, confident the latest oil shock won’t derail economic growth or fuel the kind…
RBI MPC begins today as policymakers weigh inflation, crude risks
New Delhi: The Reserve Bank of India‘s (RBI) Monetary Policy Committee (MPC) begins its three-day policy meeting on Monday, with market participants widely expecting the…
Finance ministry calls for faster policy action to sustain growth amid global uncertainty
The finance ministry on Wednesday stressed the need for faster policy responses and stronger implementation to attract both domestic and foreign investment, Times of India…
Macroeconomic fundamentals of Indian economy remain strong amid global challenges
New Delhi: Macroeconomic fundamentals of the Indian economy remain strong, supported by robust domestic demand, healthy corporate balance sheets and sustained fiscal discipline amid global…
RBI to hold rates through 2026 as growth risks outweigh inflation: Poll of economists
Bengaluru: The Reserve Bank of India will keep its key interest rate unchanged at 5.25% in August and for the rest of the year, according…
The rise of the deserving rich
BILLIONAIRES HAVE never exactly been popular, but today they are loathed. Politicians in America’s Congress talk about them far more than ever before, usually to…