Category: Economy
New trend in gold demand [ demand rising along side price increase ]–will likely escalate import bill –skew the trade balance and trigger foreien exchange outflows [2] Household savings invested in gold are stockpiled and locked out of the financial system [3] Further useful information is given in the editorial and also suggested are ways to tackle the issue–from long term perspective – Courtey BL
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.
*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