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Is India s current account surplus a reason to rejoice?- The New Indian Express
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Where is the consumer confidence?
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The global embrace of remote work or working from home has reset expectations, employment choices and work cultures, according to industry experts who spoke to CNBC. We believe that there will be structural shifts as part of a hybrid workforce that blends in-person employees with virtual, said Sandip Patel, managing director of IBM India and South Asia, in an email. It s a fight for skills and talent that will drive the business and talent models. and gig workers will certainly assume a strong place in the future workforce.
The workforce changes come as India battles a second wave of the coronavirus pandemic. Covid-19 cases in the South Asian nation have spiked to daily record highs in the past month. India had 362,727 new infections over the last 24 hours with 4,120 deaths reported on Thursday.
The global embrace of remote work or working from home has reset expectations, employment choices and work cultures, according to industry experts who spoke to CNBC. We believe that there will be structural shifts as part of a hybrid workforce that blends in-person employees with virtual, said Sandip Patel, managing director of IBM India and South Asia, in an email. It s a fight for skills and talent that will drive the business and talent models. and gig workers will certainly assume a strong place in the future workforce.
The workforce changes come as India battles a second wave of the coronavirus pandemic. Covid-19 cases in the South Asian nation have spiked to daily record highs in the past month. India had 362,727 new infections over the last 24 hours with 4,120 deaths reported on Thursday.
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On 31 March 2021, the government put to rest doubts over India’s continuity with its macroeconomic goal of price stability. The government retained the target for inflation for the Monetary Policy Committee (MPC) of the Reserve Bank of India at 4% for the period 2021-2026, with a tolerance band of +/- 2 percentage points.
Inflation goal as ‘first among equals’:
Even as some economists and commentators have questioned India’s paranoia with inflation, the moot question is, should inflation targeting be accorded prime status in the hierarchy in India with other macro goals of growth and financial stability?
A perusal of history suggests that India’s inflation targeting compares very favourably with that of New Zealand, the pioneer in its adoption in 1989. New Zealand specifically defined price stability as an inflation rate in the 0-2% range, to be achieved by 1992 as a macro goal. It was only in 2019 that New Zealand extended the monetary policy goals
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