Tag Archives: GDP

Currency manipulator or not, RBI could ease intervention a bit

India has again found itself among the countries tagged as currency manipulators on the US Treasury Department’s list. The move appears to have reinforced the view that the Reserve Bank of India (RBI) should allow the rupee to appreciate and reduce its intervention. Surely the two problems may not be …

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Why inflation stands in the way of India’s growth recovery

The promise of a quick vaccine, India’s higher-than-expected gross domestic product (GDP) figures for the quarter ended September, and a booming stock market suggest that risks to growth may be waning. But there is still a big obstacle: persistently high inflation. And it may well represent the greatest threat to …

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India enters recession, worst among major economies

India’s economy contracted 7.5 percent between July and September, being the poorest among the major advanced and emerging economies and entering a technical recession for the first time since independence, official data showed on Friday. Although the figures were an improvement over last quarter’s record 23.9 percent contraction, they indicate …

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