global financial crisis

India’s goods exports fell 8.8% in February to $33.88 billion while imports fell 8.2% from a year ago to $51.31 billion. Image for representation | Photo Credit: Photo Credit: K.K. Mustafah India’s exports and imports further weakened in…

Even as the Indian rupee has fallen sharply against the U.S. dollar, the rupee’s depreciation has been relatively lower unlike previous times Even as the Indian rupee has fallen sharply against the U.S. dollar, the rupee’s depreciation…

While the rupee has fared better than other emerging market currencies, it is the worst performer among the BRICS countries While the rupee has fared better than other emerging market currencies, it is the worst performer among the BRICS…

Taper is behind, but tightening is ahead. That is a subtle one-liner that captures what to expect from the US Federal Reserve going forward. On taper, the US Fed stuck to its schedule. It began the program in early January and quickly…

Over the years, the rich world’s central banks have become one-trick ponies. They print and flood the financial system with money to drive down interest rates at the slightest sign of trouble in the economy. The hope is that…

Indian market is reflecting optimism. While it appears that the market is regaining lost ground, FPIs have continued with their selling, albeit at a lesser pace, this week as well. As per the NSDL data, FPIs have now been net sellers of…

Central banks are now realising that a longer-term historical perspective offers wisdom derived from a wider variety of circumstances In 1955, then-US Federal Reserve Chair William McChesney Martin famously said that the Fed’s job was to…