Re-elected after a four-year break, President Donald Trump returned to White House and signed series of executive orders on his Inauguration Day, January 20, 2025. These orders reaffirmed his commitment to his signature slogan—“Make America Great Again” (MAGA)—by implementing both dome...
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is set to meet from February 5-7 to decide whether to change or continue the current Repo rate at 6.50%. This rate, which was introduced in April 2023 as part of anti-inflationary measures, has been a topic of debate. In N...
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will hold its scheduled bimonthly meeting from December 4-6 for setting the policy interest rate (REPO) for the next two months. The MPC faces a significant challenge. There were critical comments in the second week of last month on...
A long waiting period was over. The tight monetary policy stance pursued by the world’s largest economy the United States (US) for about four years was reversed on 19 September 2024. The US consumer price index (CPI) based inflation, known as retail or headline inflation, was seen steadily s...
A Note of Warning from the Official Economic Survey 2023-24 The Economic Survey (the Survey) of Fiscal Year (FY) 2023-24 was submitted to the Parliament on July 22, a day ahead of presentation of the Annual Budget for the FY2024-25. The Survey did not create any stir in the House. It was a near...
Last month in mid-June, the world was taken by surprise, if not shocked, by the news splashed over the internet, but not in the mainstream media. It was about the “demise of the United States (US) dollar”. We are all prepared for the dangers of getting older and becoming more prone to age ...
While major world economies have successfully tackled inflation over the last six months by bringing retail inflation (the monthly consumer price index-based inflation) close to the central bank target rates of 2% with and emerging economies including India’s Reserve Bank of India have achie...
The first of the six bimonthly meetings for FY 2024-25 of the Monetary Policy Committee, which sets the policy interest rate (MPC) of Reserve Bank of India (RBI) valid for two months (April and May) is scheduled to be held on April 3-5.The current policy interest rate (known as REPO) is the int...
The interest rate setting committee known as Monetary Policy Committee (MPC) comprising six members (with three official and three independent, external members) and chaired by Governor, Reserve Bank of India (RBI) held its last of the six bimonthly meetings for the FY 2023-24 on 6-8 February. The p...
International Monetary Fund (IMF), under its Article IV of the Articles of Agreement, signed in 1944 by the original 29 member countries as well more by later, (now grown to 190) sends its staff, to its member countries for a three-week visit annually for major economies, which contribute a sizeable...
