[ad_1] By Dharamraj Dhutia and Jaspreet Kalra MUMBAI (Reuters) -Traders will gauge likelihood of the Indian rupee extending its rally this week as reignited worries about U.S. trade tariffs, alongside lingering fiscal concerns hurt the dollar, while bond yields may move up after the central bank’s surplus transfer. The rupee closed at 85.2125 on Friday,…
[ad_1] The reasons are quite clear. First, RBI changed its stance in its last policy statement to ‘accommodative.’ It also issued a clarification of its stance nomenclature, saying that the shift could mean a further lowering of policy rates. Second, liquidity has been provided on a near real-time basis by RBI to ensure that the…
[ad_1] In what now seems like a blatant act of sexism, Bertie was allotted automobile, cigarette and alcohol companies in his first job as an investment analyst, while his lady colleague took charge of consumer staples and retailers. Bertie had to struggle through the labyrinth of liquor regulation that changed with every state, but his…
[ad_1] On 1 February 2025, India’s finance minister Nirmala Sitharaman presented her record eighth budget in Parliament. Her budgets have usually been characterized by three signature features: transparency, fiscal prudence and high capital expenditure (capex). However, in the 2024-25 and 2025-26 budgets, there is a visible tension between the latter two. Capex growth has been…
[ad_1] One of the most famous quips about India that has long held good is British economist Joan Robinson’s “Whatever you can rightly say about India, the opposite is also true.” A telling example is the contrast between our high position in the world’s GDP league table, where we rank third in terms of purchasing…
[ad_1] Hard data is supposed to be cold and impersonal but also has the capacity to evoke myriad feelings. Consider the series of national-accounts data released on 28 February: India’s gross domestic product (GDP) for the quarter from October to December 2024, second advance GDP estimates for 2024-25, first revised estimate for the previous year…
[ad_1] Since its adoption in 2015, India has signed agreements with only five countries—Belarus (2018), Kyrgyzstan (2019), Brazil (2020), the UAE (2024) and Uzbekistan (2024), highlighting challenges in securing BITs with key trade partners and attracting foreign direct investment (FDI) flows. Annual FDI inflows have only marginally increased from $60.2 billion in 2016-17 to $70.9…
[ad_1] Stock Market today: The domestic benchmark indices, Nifty 50 and Sensex, began Thursday with slight increases despite persistent selling pressure from foreign investors, which continues to impact market sentiment. The Nifty 50 index opened at 22,568.95, climbing by 21.40 points or 0.09 percent, while the Sensex commenced the session at 74,706.60, advancing 104.48 points…
[ad_1] In this volatile environment, India must confront a critical but often overlooked challenge: labour productivity. Without determined efforts, our low labour productivity will continue to erode our economy’s growth potential, pushing it into a middle-income trap. Therefore, addressing this gap is not just a policy priority, but an existential imperative. Also Read: Worker scarcity:…
[ad_1] The interest charged on loans is the most important price in an economy. And its rate is nudged up and down by the lender of last resort—the Reserve Bank of India (RBI) in our case—for good reason. It helps keep the economy’s growth path stable. Inflation held on a tight rein, RBI’s explicit mandate…
