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Economy

RBI hikes policy rates by 50bps to 5.4% to tame inflation

PGurus Newsdesk - August 5, 2022

It is going to be a tough 2022 - and possibly an even tougher 2023, with increased risk of recession

Economy

World faces increasing risk of recession in next 12 months, warns IMF

The Reserve Bank of India raised its inflation projection for this fiscal year to 6.7 percent from 5.7 percent earlier

Economy

India’s inflation may ease gradually in second half of FY23 despite global headwinds, says RBI Governor Das

There is virtually zero probability that this 75 bps hike would even moderately reduce the inflation numbers though this hike is big enough to guarantee the onset of the Minsky moment i.e. setting off an Inflationary Depression

Economy

Powell hikes herald “the Minsky moment”

The lastest hike of 50 basis points was marginally above its expectations of a 40-basis point rate hike, Moody's said in a report

Economy

Moody’s Analytics predicts another 60-80 bps hike in repo rate this year

RB should Lower Rates

Economy

RBI may be forced to cut rates in June 2 meeting

Navin Upadhyay - May 19, 2015 0

Fmr Finance Minister Yashwant Sinha with Sree Iyer

Economy

RBI should cut interest rates, exhorts Former Finance Minister

Navin Upadhyay - May 17, 2015 0

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BOOKS

Books on Prime Minister Narendra Modi’s relationship with the Sikh community internationally released by NID Foundation at Chicago

Books

India’s Ambassador to the US, Sri Sri Ravi Shankar unveil books...

This book by Sudha Mohan breaks many of the myths surrounding the ‘caste system’.

Books

Sivasya Kulam: Decoding Caste and Untouchability and White Man’s Burden by...

The author Rajessh M Iyer beautifully brings forth the fact that the meaningful words that the world gives so much importance to holds no water compared to these inane words and even the unsaid messages of the hearts

Books

‘Jabberwockiers’ book review: Tender yet Turbulent

The book will narrate the stories of lesser-known freedom fighters like Rani Abbakka, Matangini Hazra, Chakali Ilamma or Parbati Giri

Books

Ministry of Culture releases pictorial book to highlight freedom struggle of...

Very few have witnessed a life that is more dramatic and adventurous like that of Netaji

Books

Some unknown, untold facts about Netaji Subhas Chandra Bose

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