With Americaās sudden trade onslaught taking the world to the brink of commercial chaos, the economic outlook for India, like for other countries, has taken a turn for the worse. So, it is not surprising that the Reserve Bank of Indiaās (RBI) attention has turned decisively to supporting growth.Ā On Wednesday, its monetary policy committee…
Shaktikanta Das, who recently retired as Reserve Bank of India (RBI) governor, was appointed as a principal secretary to the Prime Minister, making him the second most important government bureaucrat in the country. Just as retired judges taking up political appointments is perceived as undermining judicial independence, post-retirement appointments of central bank governors could evoke…
This reflects a proactive but calibrated approach to support an economic recovery, while staying focused on gradually aligning Consumer Price Index inflation with its mandated target of 4%. The MPCās forward-looking approach is commendable, especially given the long lags of policy transmission. That rate cut came on the back of several liquidity-easing measures announced on…
The rupee seems to be on a relatively unrestrained slide. It dropped to a new low of 87.58 against the dollar on Thursday. It has already weakened about 2% this year, extending its 3% decline in 2024. This need not be bad, though.Ā Also Read: On interest rates, RBI should ācross the river by feeling…
The importance of succession planning, whether in the context of corporate leadership or governance roles, cannot be over-emphasized.Ā For business operations, the value of having a plan in place is well understood by now. It ensures companies can run smoothly without interruption after people in key positions move on.Ā Some find new opportunities, others retire,…
The Indian equity market exhibited volatility over the past week, ultimately closing marginally lower amid mixed signals. After a subdued start, the Nifty 50 index remained range-bound for most of the week, showing signs of fatigue. Selective buying in key heavyweights across sectors kept the sentiment positive. In the first week of August, investors will…
