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 »
The signs of an economic slowdown have begun to register with policymakers and the trickle down effect of the ongoing war between Russia and Ukraine will not spare India as well. Read more »
The UK India FTA negotiations will cover several sensitive areas such as liberalisation of India's financial services industry and opening up the UK to students and skilled workers from India. Read more »
Indian economy has more reasons to worry other than a looming global recession – a free-falling rupee, runaway inflation, ballooning trade deficit and sagging consumer demand are signs of trouble. Read more »
Between 1993 and 2012, Indian GDP grew at an annual average rate of 7%, but the top 1% earners walked away with about 30% of national income, leading to higher income inequality. Read more »