The monetary policy amid a major shock like the second wave of Covid-19 can afford to look through some inflationary impulses to support economic growth. Read more »
Revival in economic activity, consumer confidence will see GDP growth recovering faster in second quarter of FY22 than anticipated by forecasts. Read more »
Policy makers should focus on creating jobs, increasing real wages and boosting household incomes, rather than worrying about blips in GDP growth rate. Read more »
The Narendra Modi government must take steps such as GST deferrals, relaxation of interest payments, duty exemptions, and faster tax refunds to help businesses tide over the Covid-19 crisis. Read more »
While the government is sending out confusing signals on cryptocurrencies, currency regulator RBI has been silent for a long time. Read more »
China’s shift from export-led development strategy to one with focus on domestic consumption will hamper world trade. Read more »
The Indian economy will stage a robust recovery aided by the vaccine rollout, stimulus packages, and an uptick in global demand. Read more »
Tamil Nadu economy is in a precarious position – just one wrong step by the new government can send the state finances flying off the cliff. Read more »
Good news on the indirect tax collection front was eclipsed by a 3.6% contraction in IIP, and 5.52% higher retail inflation. Read more »
In a major departure, the RBI has committed its balance sheet to monetary policy in the April 2021 MPC meeting. Read more »