Tweaking of weights in inflation indices makes sense, given the policy objectives of RBI policy – price stability and economic growth. Read more »
India’s gross domestic product had a great fall in the first quarter of 2020-21, pushing the economy into deep uncertainty. The sharp contraction of the economy made a huge dent on the... Read more »
The nature is rebelling against exploitation by human beings through wild fires, tsunamis, hurricanes, massive floods, and now with the dreaded coronavirus.
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The meeting discussed sectors that could benefit from loan restructuring scheme and Sitharaman asked banks to give feedback on the scheme. Read more »
Dependence on imported cashew for processing affects overall cashew business, one of the sectors where India need to be self-reliant. Read more »
The most important policy target for India is to transform the energy portfolio and promote renewable energy to reduce total aggregate energy consumption. Read more »
A large section of the population in in LIDCs live near subsistence levels. The governments' ability to support them is curtailed by limited fiscal resources. Read more »
The shape of economic recovery in India and the developed nations will differ based on the economy and the way the governments respond to the coronavirus. Read more »
Economists have warned a repeat of 2010 when the RBI's targeting of CPI inflation led to an industrial slowdown. They say WPI is more relevant for the industry. Read more »
In the transition from lockdown to normalcy, there will be logistics problems, supply chain disruptions and market fragmentation that need to be tackled. Read more »