RBI’s Early FCNR Closure Raises Policy Concerns
RBI’s Early FCNR Closure Raises Policy Concerns Why in the News ? The Reserve Bank of India (RBI) has decided to close the FCNR(B) deposit scheme earlier than originally planned.The […]
RBI Holds Repo Rate, Raises Growth Projection Optimistically
RBI Holds Repo Rate, Raises Growth Projection Optimistically Why in the News? The Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.25% while revising India’s real […]
Urjit Patel Appointed IMF Executive Director
Why in the News? The government has appointed former Reserve Bank of India (RBI) Governor Urjit Patel as India’s next Executive Director (ED) at the International Monetary Fund (IMF) for […]
Goldilocks Economy or Illusion of Balanced Growth
Syllabus: GS Paper – 3 Planning, Inclusive Growth, Mobilization of Resources Why in the News? India’s Finance Ministry recently described the economy as being in a “Goldilocks situation” — marked […]