India Amidst World’s Economic Whirlwind
Price rise, supply disruptions due to Russia-Ukraine war and China lockdown have taken the fizz out of post-pandemic economic recovery. How will this impact India?
global economy
August 2022
July 2022
April 2022
February 2022
January 2022
December 2021
April 2021
MPC meet: RBI hikes repo rate by 50 bps to 5.4% to tame inflation
The 3rd hike in a row pushes the key policy rate to the pre-pandemic levels; RBI's FY23 forecast on inflation and GDP remains unchanged at 6.7% and 7.2%, respectively
Amidst global recession threat, India finds hope!
IMF says global growth prospects have “darkened significantly” as inflation “broadened” beyond food and energy, but FinMin says recession fears have done the opposite – softened inflation pressure
Google puts the brakes on hiring, focus on critical roles
Sundar Pichai, CEO of Google's parent Alphabet, says that Google will recruit with a focus on engineering, technical, and other critical roles.
RBI should make efforts to internationalise rupee: SBI
Start to this can be made with some of the smaller export partners; global economy continues to be characterised by significant volatility, says latest SBI Research report
Economy gaining speed but at risk from global spillover: RBI
RBI, in its April bulletin, says spurring private investment is the key to ensure sustaining growth on a durable basis.
India in global gold buying spree; RBI 2nd largest buyer of yellow metal
RBI mopped up 77.5 metric tonnes of gold in 2021, its second highest ever after 2009 when it bought 200 metric tonnes from the International Monetary Fund.
Global eco condition to worsen in 2023, 2024: Ray Dalio
World’s biggest hedge fund manager believes conditions on all three fronts – economy, internal conflicts and external conflicts – will worsen over 2023-2024.
Real estate most preferred store of wealth; digital only 4%
Despite rise of digitisation, intangibles are just 4% of global net worth, while paradoxically, brick-and-mortar make up most of the global net worth at 68%.
How a circular economy can make India resilient
The pandemic has exposed gaps in the notion of development across global markets. India now needs to rely on a circular economy, by laying emphasis on people, planet, and profits.
