CATEGORIES
Sharp drop in India-US 10-year bond yield spread in past 4 yrs
Yield spread low despite rise in retail inflation in India
A fiscally low-cost solution to China's economic challenges
The Chinese stock market has rallied recently in anticipation of another round of government stimulus.
Return of bad ideas & missing reformers
There are three perfectly timed triggers for this week's column: Old, povertarian instincts are back; the steel industry lobbying for more import duties; and the absence of reformers like A D Shroff
Roughhousing in Karnataka
In more than half a dozen states, the Bharatiya Janata Party (BJP) is in the Opposition.
Does the captain still take it all?
Over the past four decades, since brands began hiring cricketers for endorsements, the captain of the Indian team has always had a distinct edge and a clear advantage.
The Matrix, reality and simulation
It's 25 years of Keanu Reeves starrer The Matrix, where Neo, the protagonist, lives in the year 2199 and, more significantly, in a simulated world that is a fake-out version of the late 20th century, created by 21st-century artificial intelligence (AI) to enslave humanity.
HK's IVF rules send people into black market for babies
A woman in Hong Kong had to travel to two different countries to attempt conceiving a baby on her own. A gay couple in the city resorted to even bigger extremes: Banned from surrogacy, they turned to the black market in mainland China to have their first child.
Syrian rebels enter two central towns, close in on city of Homs
Syrian insurgents entered two central towns early Friday just north of the central city of Homs, bringing them closer Syria's third largest city, an opposition war monitor and pro-government media both reported.
US payrolls rebound from storms and strikes, rise to 227,000 in Nov
The US job market returned to health last month after a storm- and strike-constrained October, with a solid advance in payrolls helping to temper concerns of a worsening slowdown in labor demand.
Trump's China tariff plan has $64 bn hole
Goods worth billions escape taxes due to undercounting of imports
S Korea's Yoon under pressure to resign amid impeachment threat
South Korea's ruling party leader said President Yoon Suk Yeol needed to be removed from power for trying to impose martial law, increasing the pressure on him to quit even though members of his People Power Party reaffirmed its formal opposition to his impeachment late on Friday.
Cash bundle on Singhvi's seat rocks upper house
A wad of currency notes found from the seat allotted to Abhishek Singhvi in the Rajya Sabha rocked the Upper House on Friday with the opposition
No re-consideration on joining RCEP: Goyal
India in 2019 decided not to join the mega free trade agreement Regional Comprehensive Economic Partnership (RCEP) as the pact was not addressing its concerns and since then there has been no change in that position.
India will continue to be Voice for Global South: FM
Addressing a query on states undertaking reforms relating to factors of production, Sitharaman said it was in the interest of the country and the momentum the economy would need to sustain.
Rithala-Kundli corridor of Delhi metro approved
The Union Cabinet approved on Friday the 26.463 km Rithala-Kundli corridor of the Delhi Metro's Phase-IV project that will further enhance connectivity between the national capital and neighbouring Haryana.
Nod to 85 new KVs, 28 Navodaya Vidyalayas
The Union Cabinet approved on Friday the opening of 85 new Kendriya Vidyalayas and 28 new Navodaya Vidyalayas, Union Minister Ashwini Vaishnaw said.
NSO to release unemployment data every month from March
Surveys underway to release PLFS data for both rural and urban areas on a monthly basis Current weekly status (with a reference period of 7 days) to be used in the surveys The NSO currently releases the PLFS data for urban areas on a quarterly and yearly basis, while for rural areas it is done only annually Replacing the erstwhile Employment and Unemployment survey, the government started PLFS in April 2017
Economists stress need for manufacturing policy
Call for reining in food inflation and raising investment in pre-Budget talks
Farmers to resume stir today; committed to buy at MSP: Govt
A large group of farmers, with a host of demands including legal guarantee for minimum support price (MSP), debt waiver and pension, temporarily halted their Delhi march from Shambhu border on Friday after some of them were allegedly hurt in police action which was trying to stop them.
A cautiously dovish, par-for-the-course policy
\"It's all about managing expectations.\" That's what Reserve Bank of India (RBI) Governor Shaktikanta Das said while settling down for the customary post-policy interactions with the media on Thursday.
₹ reverses initial gains on concern over RBI moves
The rupee appreciated sharply on Friday after the Reserve Bank of India (RBI) cut the cash reserve ratio (CRR) by 50 basis points (bps) and hiked interest rates ceiling on fresh FCNR (B) deposits raised by banks.
Forex reserves jump $1.5 billion, end consecutive weeks of decline
Reach $658 bn for the week ended Nov 29
Households expect inflation to rise further: RBI survey
Indian households expect inflation to rise further while consumer confidence took a knock due to weaker sentiments, according to RBI's forward-looking surveys in November.
De-dollarisation not our objective, says RBI guv
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday that de-dollarisation was not the objective of the central bank, and that it was only a part of \"derisking\" Indian trade, as dependence on a single currency could be \"problematic\".
The underlying slowdown in growth is due to inflation
Reserve Bank of India (RBI) Governor Shaktikanta Das, along with Deputy Governors Michael Patra, M Rajeshwar Rao, Swaminathan J and T Rabi Sankar, responded to a range of questions during a post-policy media interaction. Excerpts:
Hike in FCNR(B) deposit rate may have limited impact on flows
The Reserve Bank of India's (RBI's) decision to raise the interest rate ceilings on foreign currency non-resident bank [FCNR(B)] deposits is expected to have a limited impact on attracting inflows.
AI tool MuleHunter to tackle financial fraud
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday that the central bank has developed an innovative artificial intelligence and machine learning (AI/ML) based model, MuleHunter.ai, to address the growing issue of mule bank accounts that are often used for committing financial fraud.
Small finance banks can now offer pre-sanctioned credit line on UPI
The RBI on Friday allowed small finance banks to offer pre-sanctioned credit lines through Unified Payments Interface (UPI).
CRR cut to improve lenders' margins, may lift credit growth
The Reserve Bank of India's (RBI's) decision to cut the cash reserve ratio (CRR) by 50 basis points, injecting liquidity of ₹1.16 trillion into the banking system, is expected to reduce costs for banks and provide a much-needed boost to credit offtake, which has slowed in recent months.
A policy addressing market microstructure
The Monetary Policy Committee (MPC) kept the rates and policy stance unchanged.