Policymaking in this scenario becomes extremely challenging with difficult trade-offs – growth versus inflation; price stability versus financial stability; and current exigency versus future sustainability. There is always a risk of doing too little or doing too much. In such a scenario, I would ...
and their stability is key to ensuring a steady investment environment and making long-term investment decisions with confidence. This stability is the outcome of the rising participation of domestic institutional investors (DIIs)—something that has cushioned the impact of global uncertainties, as we...
Indian Rupee likely to trade at 86.5-87.5 per dollar, with limited RBI intervention: BoB Report RBIs intervention in the forex market may remain limited due to the prevailing tight domestic liquidity conditions The Hindu Businessline 18 Feb 2025 9:07 am ETMarkets Smart Talk: Hunting for mult...
The United States has created perverse incentives by richly rewarding the Pakistani military in its promotion of unstable and insecure geopolitical situations on the other side of its borders, and then withdrawing our support if peace and stability return. The Pakistan military, meanwhile, uses the ...
His reforms, which included tax cuts, rupee devaluation, privatization, and opening up to foreign investment, ushered in an era of rapid industrial growth and economic stability. Prime Ministerial Tenure In 2004, Singh became India’s Prime Minister, the first Sikh to hold the position, following...
But Pakistan owes $1.1 billion to Chinese IPPs for power purchases, contributing to the massive 2.6 trillion-rupee ($11 billion) debt stock in the country's power sector. The IMF has long maintained that Chinese loans threaten Pakistan's debt sustainability.Xi, in the Chinese Foreign Minister ...
The problem is will the incoming Trump Administration see trade in local currencies that this group is certainly pushing, to wit, the new rupee-rouble trade agreement, as undermining the primacy of the American currency? If it does, then India will get it in the neck because, unlike Russia ...
The microfinance segment continues to face challenges, with the Reserve Bank of India once again flagging risks in its financial stability report. Stressed assets in the 31-180 days past due rose to 4.3% in September, up from 2.15% in March. This indicates earnings for companies in the sec...
To give long-tenor liquidity to the market participants, we have entered into forex swaps with the banks for three years. This means that banks will come and give dollars to the Reserve Bank and the Reserve Bank will give rupee liquidity to them. When the banks return to take the dollars...
In some jurisdictions with monetary stability with no IMF bailouts, central bank securities are counted as part of reserve money. The central bank last year earned 300 billion rupees in coupon interest on its bond portfolio, which is deflationary and could be used to mop up about a billion...