The defeat in Delhi puts a question mark over the future, not only of AAP, but of the INDIA political bloc
RBI said it will look to use the flexibility embedded in the flexible inflation- targeting (FIT) framework. This suggests that the RBI could start to gradually move away from its fixed 4 percent CPI inflation target and instead embrace a range, especially when faced with CPI shocks, such as those from volatile vegetable prices
Gujarat, Haryana and Odisha joined Kerala and Tamil Nadu in asking the Finance Commission for a 50 percent devolution in central taxes. It shows that the fiscal pressure states experience is structural in nature and has nothing much to do with the political colour of the chief minister
Despite intense pressures from Donald Trump, India is asserting its strategic autonomy by trying to enter into defence deals with France. PM Modi would emphasise the value India can bring to the table during his negotiations with the US President
The company is selling shares at significantly higher valuation than its exit price in 2020
For cricket administrators, India-Pakistan matches are a commercial necessity. That’s on account of their complex history of political engagement which cannot be disentangled from cricket, making for one of sport’s greatest rivalries. A Netflix docu-series explores the many-layered rivalry without eliciting a consensus on the larger question of can sport overcome deep-rooted distrust
At the press conference after the monetary policy announcement, a clearly worried RBI governor said that the pervasive uncertainty in global trade and economic policies is weighing weigh on consumption, investment and economic growth. That goes for markets too
A hard fought victory in Delhi and a resounding one in UP’s Milkipur bypoll have wholly overturned the political mood of June 2024. Three successive state assembly victories have increased BJP’s relative strength in Indian politics and diminished the bargaining capacity of its NDA allies
Governor Malhotra highlights the trade-offs between regulations aimed at enhancing consumer protection and stability, and efficiency. Also, the underlying message is that there may be a greater weightage placed on economic growth
RSSFACTS: BJP didn’t experiment with a high-octane campaign on national issues, nor did it thrust a chief ministerial candidate at the last moment. These two factors have been its undoing in the past. RSS provided the force multiplier by identifying 10 broad categories around which all the meetings were held with locals across Delhi.
Indranil Pan expects the RBI to cut the repo rate again in April by 25 bps, armed with two more inflation prints of 4.4% and 4.2%.
Global disinflation is stalling due to service inflation. Expectations on the size and pace of rate cuts in the US have receded and the US dollar has strengthened. Any unanticipated increase in energy prices could also impact future stance
Going forward, we see room for at least one more rate cut in April. If current growth sluggishness continues, we might see further rate cuts beyond April
This has been achieved by letting the rupee become more market determined and mitigating the tightness in liquidity conditions with injection of liquidity through various tools. In the April MPC, subject to global factors, the base case should be for another 25bp rate cut, bringing the Repo rate to 6 percent
Recently, 100% Foreign Direct Investment in the insurance sector became a reality. With this, almost every sphere of financial services is eligible to tap foreign money to the fullest, except for banks, where caveats remain very high
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams.
The rate pivot by the MPC is a welcome measure, which will give markets some confidence that the RBI is also committed to supporting growth, which has been declining sequentially, and the RBI’s own forecasts also acknowledging the decline in growth.
A statistical framework that differentiates between games of skill and chance is a silver bullet for online games regulators
Some want their portfolio to take cover with cash or gold — for others, it’s a huge buying opportunity
Asia accounts for 60 percent of global growth and 18 out of 20 of the world’s fastest growing trade corridors, but these remain largely China-centric
Will the Budget’s consumption push, impending rate cuts help banks leave their troubles behind, is the question investors would like answers to
A faltering growth scenario required monetary policy support. Inflation, the old nemesis of rate cuts, is no longer breathing fire. The RBI used this window to change tracks
An idea that took root globally after inflation shocks of 1970s is facing its stiffest challenge yet. Post-2008 crisis, central banks moved away from a narrow remit of targeting just inflation. Now, in a phase where multiple crises have catalysed political movements with extreme views on institutions, the very idea of central bank autonomy is facing a stiff challenge
Deposit rates have risen consistently, but tight liquidity hasn’t forced banks to hike loan rates
SBI’s asset quality, while stable, hints at lingering fragility within sectors like microfinance
