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CAN INDIA FORESTALL AN ECONOMIC CRISIS? POLICY MOVES HOLD THE KEY Syllabus: GS 3: Indian economy and issues related to development and planning. Growth and development. Why in the News? Concerns regarding India’s macroeconomic stability have intensified amid a weakening rupee, rising inflation, sluggish private investment, and growing capital account vulnerabilities. These developments have triggered …
Read MoreRupee Slides Past 90 Amid Economic Pressures Why in the News? The Indian Rupee breached the 90-per-dollar mark, raising concerns about external stability, widening trade deficit, and persistent foreign portfolio outflows. Despite stable macro indicators, the RBI appears to be favouring gradual depreciation, prompting debate on currency management and export competitiveness. This economic situation, much …
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