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Radhika Rao of DBS Bank answers 4 questions facing India s growth story in FY22

Radhika Rao of DBS Bank answers 4 questions facing India s growth story in FY22 Moneycontrol 1 hour ago Sunil Matkar © Shweta Mungre Radhika Rao of DBS Bank answers 4 questions facing India s growth story in FY22 The world has moved from an unknown unknown to a known unknown in 2021. The pandemic and modes to contain the spread are largely known entities, but the virus progress and severity are still clouded in considerable uncertainty. We reassess India s growth expectations by tackling four key questions. Has the second COVID wave ebbed? India s case count has been steadily falling for the last two weeks, which has led local health experts to suggest that the second wave has peaked. This is, encouragingly, accompanied by easing aggregate positivity rate – sub-20 percent after three weeks – and R0 (reproduction rate) which has fallen below 1.0. Our analysis shows that the count in fifteen states is 50 percent below their respective peaks durin

Indonesia to Hold as Taper Talk Weighs on Rupiah: Decision Guide

Indonesia to Hold as Taper Talk Weighs on Rupiah: Decision Guide May 25 2021, 9:42 AM May 25 2021, 2:30 AM May 25 2021, 9:42 AM (Bloomberg) Bank Indonesia will likely hold its policy rate steady to protect the rupiah amid fresh signals that the U.S. Federal Reserve could start considering unwinding stimulus this year, which has pressured Indonesia’s currency. (Bloomberg) Bank Indonesia will likely hold its policy rate steady to protect the rupiah amid fresh signals that the U.S. Federal Reserve could start considering unwinding stimulus this year, which has pressured Indonesia’s currency. All 29 economists surveyed by Bloomberg expect Indonesia’s central bank to keep its seven-day reverse repurchase rate at a record low of 3.5% on Tuesday, with some of them expecting it to remain at that level for the rest of the year.

With The Help Of Rbi, The Revenue Crisis Will Reduce - सरकार के लिए राहत: आरबीआई ने दोगुना मदद से चौंकाया, कम होगा राजस्व पर संकट

With The Help Of Rbi, The Revenue Crisis Will Reduce - सरकार के लिए राहत: आरबीआई ने दोगुना मदद से चौंकाया, कम होगा राजस्व पर संकट
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India cenbank s high surplus transfer to buffer hit on govt revenues

IndiaIndia cenbank s high surplus transfer to buffer hit on govt revenues Swati BhatAftab Ahmed 1/2 FILE PHOTO: A Reserve Bank of India (RBI) logo is seen at the gate of its office in New Delhi, India, November 9, 2018. REUTERS/Altaf Hussain/File Photo Read More The Reserve Bank of India s board approved a significantly higher than expected surplus transfer to the government on Friday but it may not be enough to cushion the damage from a crippling second wave of the novel coronavirus. The RBI announced a surplus transfer of 991.22 billion rupees ($13.58 billion) for the 9-month period from July 2020 to March 2021, the central bank said in a statement. The bank will move to an April to March accounting year from 2021/22, from a July to June year.

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