The Inflation Reduction Act 2022 may not have an immediate impact on surging prices, but its focus on clean energy will have a long-term influence on inflation. Read more »
IMF wants RBI to stop intervening in the currency market by selling dollars. Read more »
The Uttar Pradesh economy can achieve the target of $1 trillion if the state government focuses on human development, skilling, and job creation. Read more »
The US has aggressively increased its benchmark interest rate because inflation is 5 times the normal level, but that is not the case for India. Read more »
RBI’s Financial Inclusion Index has risen to 56.4 in March 2022. This is a significant increase from 53.9 in March 2021 and is reflective of growth across all sectors, the report said. Read more »
While there is a need for frontloaded policy tightening, the terminal interest rate need not be very high, given the confusing nature of inflation. Read more »
RBI interest rate hike: Policymakers and central banks around the globe continue to battle inflation amid critical geopolitical situations and look to avoid recession by tightening their monetary policy. Read more »
Gold demand and prices usually rise during times of economic turbulence, but the outlook looks uncertain this year. Read more »
Amendments to the Merchant Shipping Act is in line with the Union government's effort to decriminalise minor offences and to improve ease of doing business. Read more »
The Federal Reserve hikes benchmark interest rate by 75 bps for the second consecutive time, but needs to thread cautiously as the US economy is already showing signs to slowing. Read more »