Continued [1] historically, bulk of India’s gold purchases has been from jewellery buyers looking to meet wedding commitments, or to use as collateral during distress.
Category: Economy
*Crude surge is a price shock, may widen CAD and pressure fiscal deficit: CEA – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/crude-surge-is-a-price-shock-not-supply-shock-for-india-cea-nageswaran/article70931788.ece He warned that rising oil prices could widen the current account deficit, strain fiscal targets, and impact trade, remittances and logistics, though India
*****Between early December 2025 and the end of March 2026, the rupee moved from 84.68 to 94.65 against the dollar — a fall of nearly 11.8 per cent in under four months. –This article answers all the questions — Worth reading second time — Courtesy BL
Between early December 2025 and the end of March 2026, the rupee moved from 84.68 to 94.65 against the dollar — a fall of nearly
*****West Asia crisis creates a need to reprioritise policies and fiscal spending: CEA Nageswaran – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/west-asia-crisis-creates-a-need-to-reprioritise-policies-and-fiscal-spending-cea-nageswaran/article70921556.ece India enters this challenging phase from a position of relative strength, Nageswaran says Chief Economic Advisor V Anantha Nageswaran (right) in an interaction
How 50 days of Iran war led to the loss of $50 billion worth of oil | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/how-50-days-of-iran-war-led-to-the-loss-of-50-billion-worth-of-oil-126041900775_1.html More than 500 million barrels of crude and condensate have already been knocked out of the global market Iran’s Foreign Minister Abbas Araqchi
Time to push for rupee internationalisation – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/time-to-push-for-rupee-internationalisation/article70820591.ece Higher use of rupee in cross-border payments will create demand and prevent a one-way downward spiral Rupee internationalisation is slowly gaining traction |
RBI’s rupee challenge: Policymakers should not be swayed by absolute levels
Clipped from: https://www.business-standard.com/opinion/editorial/rbi-s-rupee-challenge-policymakers-should-not-be-swayed-by-absolute-levels-126040201497_1.html While the war is affecting macroeconomic dynamics in various ways, requiring intervention, economic management has become significantly complex for the Reserve Bank of
What happens when CAD rises
The escalation of conflict in the Middle East has pushed global oil prices higher, exposing a familiar fault line in India’s external position. Despite robust