In mid-March this year RBI announced a liquidity injection tool in the shape of forex swap. The unusual step was taken to ease the right overnight liquidity in the economy. It’s well known that OMO...
Credit flow to the commercial sector is like the pulse of the economy. The relationship between the duo can be traced back to the writings of Schumpeter (1911) who argued that the financial sector can...
There is a constant downward trend registered in manufacturing components of IIP, especially from May’16 onwards. The demonetisation and GST have affected the sector, but that is expected to be only TEMPORARY. Herein, we tried...
In terms of postulates of both Purchasing Power Parity Theory and Portfolio Balance Theory of the exchange rate, the domestic currency is expected to have a depreciating bias. India with a higher rate of inflation...
Asia’s two economic giants viz., Japan and China shares a very intricate and crucial relationship among themselves. Though in early 1990s Japan accounted for almost 10% of the International trade it soon dwindled with a...