International macroeconomics
US labels China a Currency Manipulator
The US has declared that China as a currency manipulator. The move could further fuel the ongoing trade war between the two countries. The US has alleged that China’s Central Bank is pushing for depreciation of Yuan as retaliation for ..
United States designates China as currency manipulator
The United States has designated China a “currency manipulator”, following the devaluation of the Yuan. The move could escalate the tense trade relations between the two nations. The US action came after China allowed its yuan to weaken past the ..
US Federal Reserve’s Rate Cut: Impact on India
The United States Federal Reserve has announced a quarter-percentage-point cut in interest rates. This was the first-rate cut in 11 years- the first since the global financial crisis broke in 2008. The rate cut marked a departure from the hawkish rate-hike ..
India finds problems OECD Services Trade Restrictiveness Index
India has found problems with the current method under which the OECD index –Services Trade Restrictiveness Index (STRI) – ranks countries based on their services trade policies. As per study commissioned by Indian Ministry of Commerce, the outcomes of index ..
United Nations Conference on Trade and Development (UNCTAD) has expected India’s economy to grow 7.0% in calendar year 2018 compared with 6.2% in 2017
United Nations Conference on Trade and Development projects India’s economy to grow 7.0% in calendar year 2018 As per the report “Trade and Development”, the effects of demonetization are still evident in private consumption trends within the economy. It also ..
India ranked at 11th position in Foreign Direct Investment (FDI) Confidence Index 2018
India has been ranked at 11th position in the Foreign Direct Investment (FDI) Confidence Index 2018 of global consultancy firm A T Kearney. It is the first time since 2015 that India has been pushed out of the top 10. ..