Double deflation debate over GDP methodology no ‘great battle’: Niti Ayog Vice Chairman
There is no winner in the ongoing “battle” of views on the use of double deflation in India’s new GDP series, Ashok Kumar Lahiri, Vice Chairman...
Economy
FCNR(B) deposits: Who bears the currency risk? | Explained
The story so far: The Reserve Bank of India (RBI) introduced a special swap facility in June to encourage non-resident Indians to put money into FCNR(B)...
NMDC raises lump ore price by ₹150/tonne, holds price of fines
State-owned iron ore producer NMDC has raised the price of lump ore by ₹150 per tonne effective September 9. The new price is ₹5,400 per tonne....
What prompted India’s return to the ‘A’ rating after 35 years?
The story so far: The Japan Credit Rating Agency (JCRA) earlier this month upgraded India’s sovereign credit rating to ‘A-’ from the previous ‘BBB+’. This is...
C. Rangarajan flags fewer regional rural banks as ‘a step in the wrong direction’; urges RBI to incentivise SFBs
Former Reserve Bank of India Governor C. Rangarajan has criticised the consolidation of Regional Rural Banks (RRBs), saying the move has undermined their local and regional...
Govt spurs coal rake loading by 20% to strengthen stocks positions at thermal plants
Loading of coal rakes for supply to the power sector has grown about 20% between September 3 and September 6, the Union Coal Ministry said on...
Does ‘inflation targeting’ work in India?
⚡ Key Highlights & Quick Takeaways India has just completed a decade of inflation targeting (IT) as a formal policy framework of the Reserve Bank of...
Gold and silver rise
⚡ Key Highlights & Quick Takeaways Breaking the downtrend of several months, precious metals recovered sharply in August. The expectations around interest rate hike by the...
How the global bond sell-off could affect India | Explained
⚡ Key Highlights & Quick Takeaways The story so far: Economies across the world are facing a new problem: investors selling their government bond holdings. This...
The gap in manufacturing sector GVA
⚡ Key Highlights & Quick Takeaways Early this year, the National Statistical Office (NSO) released the new series of the National Accounts Statistics (NAS). The other...