As per RBI governor D Subbarao, despite high fiscal and current account deficit it is highly improbable that India could witness the replication of the 1991 economic crisis...
Background: The Reserve Bank began exiting from the crisis driven expansionary policy in October 2009. Between January 2010 and October 2011, the Reserve Bank cumulatively raised the cash...
The Reserve Bank of India’s third quarter recapitulation of monetary policy was devoid of major surprises. The only change in monetary policy instruments was a cut in the...
India’s balance of trade (BOT) – the difference between the value of its exports and imports – provides important insights into the country’s economic health and global trading...
Balance of Payments (BOP) is a systematic and summary record of a country’s economic and financial transactions with the rest of the world, over a period of time, say...
1. India entered into planned development era in 1950’s and at that time Import Substitution was a major element of India’s trade and industrial policy.2. In 1950 India’s...
