The RBI is in a fix. Too much capital is flowing into India. And it turns out, you can have too much of a good thing – money included.
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People are using RuPay less often, but they’re spending much more. Food prices climb further, running up our inflation. And other stories.
If inflation rises, the RBI hikes interest rates. If it goes down, the RBI does nothing. Why? For that, you need to know the RBI’s real job.
India is one of the top countries with the largest diaspora residing in nations like the UAE, the US, and Saudi Arabia. We all have that one friend or a relative living abroad who regularly sends money back to India for family maintenance, investments, medical care, education, and more. Such inward remittance is governed by […]
The RBI keeps its repo rate at 6.5% for the 8th time in a row. The Indian economy stutters in May. And more stories.
The RBI gives the government an unexpected bonanza. India, meanwhile, receives very little foreign investment. And other stories.
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 […]
Inflation is inching downwards. The US Dollar is appreciating, but the Rupee – buoyed by heavy FPI inflows – stays resilient. And more.
Humour me. Do this exercise. List the names of five people who participated in the share market in the 1980s or 1990s. Then go to the iepf.gov.in website and click on this link Search those five names in the search box provided. (Note: Provide at least the first and last name. Do not get put […]
