#import export

Headline inflation’s spiking, but core inflation’s steady, and not all food is to blame. RBI’s stuck in a tricky balancing act—control prices or support growth?

My politically opinionated father asked me worriedly, “Why has the INR depreciated since the current government took over?” I first said, “Go back a little farther, and you will see that the INR has been depreciating, irrespective of who was running the government.” But is that a bad thing? The words “depreciating” or “falling” INR […]