pakistan economy in deep trouble

Pakistan economy weighed down by inflation, dwindling reserves

As the rich prosper and the poor struggle, #Pakistan economy faces a growing social and economic chasm. #pakistan #forex #inflation #currencydepreciation Read more »
FINTECH

RBI calls fintech industry to form self regulatory organisation

The RBI champions self-regulation for steering the booming fintech industry to the $200 billion mark by 2030. #Fintech #SRO Read more »
global economy facing recession

Global economy needs coordinated action to mitigate risks

The global economy is facing multiple challenges and uncertainties, from the impact of rising interest rates to the struggles of key sectors and the persistence of #inflation. #globalrecession #economicgrowth Read more »
cryptocurrencies

India sceptical on cryptocurrencies, but open to global cooperation

As India takes the lead at the G20, the nation grapples with regulating cryptocurrencies amid global momentum for digital currencies. #G20 #crptocurrencies #crypto Read more »
The 16th Finance Commission needs to address the complaints from the southern states

Credit Crunch: NBFCs face sharp decline in loan sanctions

In the face of a dramatic decline in loan sanctions, NBFCs are knocking the doors of the RBI for permission to take deposits. #NBFCs #shadowbanks #RBI Read more »
credit offtake

GDP growth: Monsoon woes, inflation threaten recovery

India's GDP growth accelerated to 7.8% in the first quarter of 2023-24, but challenges like weak monsoon and elevated inflation could temper growth in the coming quarters. #GDP #Q1GDP #Indiaeconomy Read more »
LPG prices,

LPG price cut: Government unveils its election playbook

LPG subsidies announced by the government may be well intentioned, but may not reach the deserving individuals. #LPG #LPGprices #subsidies #inflation Read more »
evergrande, China plus one, economy, Chinese economy

Evergrande’s fall casts shadow over China story, global economy

As China's property titan Evergrande faces distress, its repercussions send shockwaves through global markets. #evergrande #economy Read more »
ethanol blending

Sugar millers set sights on 50% ethanol blending by 2030

Sugar industry leaders chart an ambitious course to significantly boost ethanol blending with petrol, paving the way for a greener and more self-reliant energy future. Read more »
food prices

Volatile global prices, climate change threaten another round of food price shocks

As the spectre of a food price shock looms, the RBI prioritises vigilance and stability in its monetary policy approach. Read more »