Rupee convertibility: Can it make the Indian currency stronger?
The Reserve Bank of India decision to permit rupee convertibility in exports and imports is a precursor to making the rupee an international currency. Although the convertibility is limited to the current account, the decision demonstrates India’s readiness to move forward toward full convertibility... Read more
Thursday, 25 August 2022
Why Is India Resilient To Oil Volatility, Despite Overdependence On Imports? – Analysis
Pan-India outrage has spiraled with the soaring inflation and government’s inability to control it. Angers has been hurled against the government’s failure to seize the oil price hike and its impact on inflation. Inflation (measured by Consumer Price Index) increased by 6.34 pe... Read more
Monday, 18 July 2022
Review ( brief ) of Indian economy in 2021-22 and snapshot of 2022-23
GDP Gross Domestic Product ( GDP) at constant prices increased by 8.7 percent in 2021-22, as compared to a fall by 6.6 percent in 2020-21. It demonstrates that India’s strong economic parameters have become resilient to global vulnerability , triggered by COVID 19 pandemic. In... Read more
Wednesday, 29 June 2022
Modi’s Reforms And Growth: Hamstrung By Antiquated Bureaucracy And Red Tape – Analysis
In a recent round up meeting with NHAI, flagging the issue of delay in projects, the disgruntled Prime Minister Narendra Modi, asked Cabinet Secretary to prepare a dossier of babus who were responsible for the delay in projects. This signaled Prime Minister’s frustration with bureaucracy and a warni... Read more
Saturday, 25 June 2022
Japanese Aversion To Digitization Derailed Investment In India – Analysis
Japan has been pioneer in boosting automobalization in India, which has now become one of the important pillars for modern Indian economy. Hitherto India was dependent on a natural resource base industrial economy. Japanese investment, particularly in the automobile industry, transfor... Read more
Thursday, 23 June 2022