The two reports serve to highlight macroeconomic concerns as we head into an election year. Consider some of the challenges. The Consumer Price Index (CPI)-based…
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By Ajit Ranade |
A recent report from the globally renowned Brookings Institution shows a dramatic reduction of poverty in India. As of May 2018, India has 73 million people living in…
We are on the edge of a full-fledged trade war. The U.S. has raised tariffs, China is hitting back and businesses are watching worriedly as tensions rise and uncertainty…
The Rupee is falling. We are within striking range of Rs.70 to the US dollar. In intraday trade, the currency touched an all-time low of Rs.69.10 in the last week of…
Eight years and 17 reports later, it is not clear if “pre-emptive” actions have worked to control some of the messes that are all too obvious in the system. One of the…
By Ajit Ranade |
The perception of safety of deposits in public sector banks is because of an implicit guarantee that the main “owner” or shareholder, i.e. the government of India, will…
By Vappala Balachandran |
A Brookings paper (June 8) quoting US defence sources said: “Adding the Indian Ocean to the mix dilutes China’s influence: It increases the size of the pond and adds…
By Ajit Ranade |
The central banks of US, EU and Japan, for almost a decade, followed a policy of printing money, and kept interest rates near zero so as to induce more lending by banks…
By Arun Maira |
The inability to ‘pick winners’ with certainty in a dynamically changing world is the principal argument of liberal economists who oppose the very idea of governments…
By Ajit Ranade |
China will import 8 trillion dollars of goods and services in the next five years, a commitment announced by President Xi himself. This is a fantastic opportunity for…
By Jagdish Rattanani |
However, the real strength and appeal of these messages is more in the way everyday people can relate to, practice and engage with them. No official telling, however stro
By Usha Thorat |
Given the global conditions, Fed rate hikes, capital outflows, elevated oil price rise, closing output gap, rising current account deficit and the likely pressures on…
By Himadri Bhattacharya |
MPC's unanimous decision for a rate hike that has come after a gap of more than four years took note of the prevailing good domestic demand condition, particularly in…
The overall growth signals both from the demand side (consumption and investment) and supply side (agriculture, manufacturing and services) are encouraging. There is a…
By Ajit Ranade |
The PM after his unprecedented electoral victory in May 2014, was soon blessed with an unexpected bounty, in the form of a steep fall in oil prices. This led to…