President Donald Trump has now dropped the other shoe and there might even be one more to come: With the announcement on Monday that the US was slapping tariffs on additional
Category: Economy
Trade War US Vs China—Cannon to right of them, cannon to left–Economic Times
On Wednesday, China slapped 10% tariffs on $60 billion worth of imports from America, in response to a similar tariff on $200 billion worth of
The Global Crisis is Undead–Economic Times
The Global Crisis is Undead It would be a mistake to talk of the Global Financial Crisis, taking Lehman Brothers’ filing for bankruptcy on September
External factors: Import curbs to stabilise rupee may not work – The Financial Express
If the announcement-effect of any government policy were to be the immediate judge of the efficacy of the same, then the five-point currency revival plan
Reserve Bank eases norms for overseas fund raising to prop up the rupee | Business Standard News
The Reserve Bank on Wednesday eased norms for companies in the manufacturing sector to raise overseas funds and allowed Indian banks to market Masala Bonds in line
Rupee Vs Dollar–Borrowing our way into trouble | Business Standard Column
The deteriorating trend of the current account deficit has been known for some time. But the government reacted only when the fall in the rupee value hit the headlines,
Fire-fighting – The Hindu BusinessLine
Arresting the rupee’s fall by adding to the high stock of short-term external debt is a bad idea The foreign exchange market does not seem
Editorial News: merger of banks is only bandage – केवळ मलमपट्टी | Maharashtra Times
केवळ मलमपट्टी केंद्र सरकारने देना बँक, विजया बँक आणि बँक ऑफ बडोदा या तीन राष्ट्रीयीकृत बँकांचे विलिनीकरण करून त्यांना एकत्रित रूप देण्याचा निर्णय घेतला आहे.
loksatta editorial on merger of dena bank bank of baroda vijaya bank | अशक्तांचे संमेलन | Loksatta
एकत्र येण्याने तीन बँकांच्या क्षमतेची जशी बेरीज होणार आहे त्याचप्रमाणे त्यांच्यावरील संकटांचीदेखील बेरीज होणार आहे.. आजारपणाच्या सुरुवातीस उपचार करणे टाळल्यानंतर आजार बळावतो आणि मग त्या
Government shouldn’t create market expectations it can’t meet–Economic Times
In a commentary around a fortnight back, this columnist had argued that the government’s correct response to a depreciating rupee would be to take no
Interest-rate defence of rupee a bad idea, junk it – The Financial Express
Several analysts have been arguing for a rate hike by RBI, if need be, as a mid-term policy measure as a classic interest-rate defence. Given
Policy solutions to India’s balance of payment crisis – The Financial Express
Despite the interest rate hike, the interventions could lead to capital flight, triggering a panic reaction among foreign investors. Burgeoning crude oil prices have raised
Govt plans hike in gold import duty to check rising CAD – The Hindu BusinessLine
The government is set to hike the import duty on gold to 12-13 per cent from 10 per cent to control the widening current account
NPA saga – where do we go from here? – The Hindu BusinessLine
For effective change, the Board for Financial Supervision should be recast, providing it statutory status akin to the MPC As the high-decibel slug-fest over the
Lowering inflation is a major structural reform in India: IMF official – The Hindu BusinessLine
One major structural reform the Indian economy has witnessed over the last few years is lower inflation. For an economy where “higher than optimum level”
REER as rupee’s fair value signal is hazy | Business Standard Column
During the brief respite from the sharply rising volatility in most emerging market (EM) exchange rates (including the rupee), key policy decisions on exchange rate
Floating NRI bond: A worthwhile idea whose time may not have come yet | Business Standard News
The first intervention of the government in steadying the rupee has been by announcing measures on ECBs, FPI and Masala bonds. Clearly the focus is on looking at enhancing
Rupee depreciation: Economists say governments steps will lift sentiment – The Economic Times
Economists feel the government measure to address the current account deficit and rupee depreciation may improve sentiment and were just the limited response that was needed, but
Government moves to arrest Re depreciation to have limited impact: Report – The Economic Times
The Japanese firm said it expects more measures going forward. The government’s rupee depreciation arresting measures announced Friday may not drive fund inflows and are a negative
Bimal Jalan: Along with ECB tweaking, ensure steps to prevent flight of capital and BoP situation: Bimal Jalan – The Economic Times
Highlights The government is sending out a signal that we will manage it. I am hoping much of it works and the rupee starts appreciating
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