The 24th Monetary Policy committee meeting has come as a reprieve for the banks and the NBFCs who were getting into a deep trouble because of ‘Moratorium’ and further impact of the same on credit...
States with a currency of their own can never run out of money. That’s a core thesis of the Modern Monetary Theory which spilled over to Europe from the US. German economist Dirk Ehnts elaborates...
The ECB’s new president has urged European countries to invest and innovate as concerns of an economic slowdown intensify. She warned that export growth could no longer be relied upon to boost growth. The eurozone...
IMF Managing Director Christine Lagarde will become the European Central Bank’s next president in November. If she replaces Italy’s Mario Draghi, a huge change in the eurozone lender’s policy seems unlikely. Following several rounds of...
If Indian fiscal policy were to be summed up in one word, it would be anti-growth. Indian governments routinely borrow money to finance a substantial proportion of their expenditure; these borrowings add to their debt,...
