Ripple effects of ₹ depreciation on the economy The rupee is under pressure: it has fallen 3.5% against the dollar in 2022 and touched record lows. The reason is two-fold: One, the Russia-Ukraine war, and two, the expected hike in US interest rates. What is currency depreciation? When a currency’s ...
How PLIs can help India leapfrog to green mobility? A thrust on rapid transition to green vehicles with lower and, ultimately, zero carbon emissions, has presented an opportunity for India’s auto sector to leapfrog to new technologies. Are we ready to seize it? Mint explains how production-linked i...
How can Indian economy stave off stagflation? There is increasing inflationary pressure on the economy. However, Reserve Bank of India (RBI) governor Shaktikanta Das has said that the economy is not inching towards stagflation. What leads to stagflation? Stagflation is a situation of an economy fac...
How the Ukraine war will impact India’s growth? The Russia-Ukraine war, which started about one-and-a-half month ago, is impacting the stability of the global order. analyse the effect the conflict could have on the Indian economy’s nascent recovery from the pandemic. How has the war impacted oil p...
Can our new trade treaties address duty anomalies? India has long suffered the anomaly of imported raw material being taxed more than the finished product. Economists call it the inverted duty structure. A spate of free trade agreements (FTAs) in the past have not helped. Are the new ones any bette...