Macroeconomic Management

New challenges can emerge in currency management

He said Legrand is planning to expand in the country, doubling down on investments and hiring about 500 people this year as well as make acquisitions

The RBI has a mandate to keep retail inflation at 4 per cent within a band of 2 percentage points on either side

It is not a central player today as the world deals with inflation and financial instability and countries hurtle towards debt crisis. It must be revamped and strengthened to play that role

Rajasthan Chief Minister Ashok Gehlot has termed Rajasthan's gross domestic product (GDP) growth rate in double digits as a symbol of efficient economic management of the state government. "I am very happy to inform that the state's economic growth rate in the year 2021-22 has been 11.04 per cent and Rajasthan's economic growth rate is second in the country. The double-digit GDP growth rate is a symbol of the efficient economic management of our government and the development of Rajasthan," Gehlot tweeted today. Talking to reporters on the sidelines of a programme on Wednesday, he referred to the government of India's figures regarding the GDP growth rate of the states. "You can imagine what wonderful management it is. The double-digit growth of GDP means a lot when there is an economic crisis in the country. The situation is very serious. There is unemployment, there is inflation, there is unemployment Increasing the percentage of GDP in this is a big deal," he added. Gehlot said,

Sri Lanka has approved a proposal to set up an institute aimed at educating parliamentarians and officials to help them make informed decisions on economic and trade affairs, a senior official said on Tuesday. Cabinet spokesman Bandula Gunawardena told reporters that the cabinet approved the proposal of President Ranil Wickremesinghe to set up the Sri Lanka Economic and Trade Institute. This will help them to make informed decisions on policy formulation, he said. The legal draftsman would begin work to compile a draft bill, he said. Sri Lanka plunged into its worst economic crisis with the country declaring its first-ever sovereign debt default early this year Analysts said the crisis could have been averted if informed decisions had been taken around 2020. Current foreign minister Ali Sabry recently said the parliamentarians had not been adequately aware of the looming crisis despite warnings from many quarters. The political authority and senior fiscal officials have faced ..

Samsung executives will discuss how to navigate mounting challenges from the sluggish global economy, slowing consumer demand, geopolitical tensions and continuing spread of the coronavirus

Asserts country's fundamentals are strong, govt and RBI will meet challenges with 'flexible and adroit' policymaking

Smart state intervention in select labour-intensive industries can create comparative advantage and boost India's manufacturing sector