Tag: India Economy
India’s economy faces threats that currency band-aid can’t fix
India’s government and central bank took coordinated steps on Friday to spur foreign inflows, providing an immediate boost to the beleaguered currency. The challenge for…
RBI’s inflation forecast signals 1-2 rate hikes in coming months: Experts
The Reserve Bank’s move to raise its inflation forecast signals the possibility of one to two rate hikes in the coming months, opined experts after…
India steers boat through a risky channel between war clouds and El Nino
A widening conflict in West Asia, volatile oil prices, the threat of El Nino and an increasingly fragmented global economy are casting a long shadow…
India may cheer an Iran deal, but peace in Hormuz won’t refill its emptying economic tank
A US-Iran peace deal will be cheered by governments around the world. But in India, critically dependent on the Strait of Hormuz for everything from…
The $138 bn buffer: India’s most visible export can rescue the rupee
As the Indian rupee slides past the historic 96 mark against the US dollar and oil-induced pressures threaten to balloon the current account deficit to…
India’s post-2014 economic transformation became anchor of India-US ties, says Foreign Secretary Vinay Kwatra
India’s Post-2014 Economic Transformation Became Anchor of India-US Ties, Says Foreign Secretary Vinay Kwatra Washington: India’s economic transformation since 2014 has been the anchor point…
RBI likely to pay a big dividend to Centre
MUMBAI: The board of the Reserve Bank of India (RBI) will meet on May 22 to consider a record surplus transfer to the government for…
WPI inflation crossing 10% mark not a tail risk but a near-term base case: Report
The recent Rs 3 hike in petrol and diesel prices, announced after the Prime Minister’s national exhortation for austerity, was widely anticipated, according to a…
India’s economic strength defies foreign outflow fears, S&P Says
India is weathering global financial pressures better than headline data suggest, with worries over foreign outflows overstated, according to S&P Global Ratings. The country has…
Uday Kotak puts India’s troubles in perspective as the economy swings between hope and despair in the wake of Iran war
India may have been too much and too long in a comfort zone and even a little paranoia will help the country find powerful, permanent…