Arnab Mitra is a senior journalist based in Delhi. He writes on business and politics.
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RBI interventions to play crucial role in India’s economic recovery
Unbridled foreign currency inflows into Indian stock markets can lead to an appreciation of, and volatility in, the Indian currency. Thus, the central bank’s role in ensuring that the rupee trades in a narrow band will be very important in the coming quarters.
India’s central role in Indo-Pacific security architecture, reaffirmed by US
The ‘United States Strategic Framework for the Indo-Pacific’ document talks of building up India’s capabilities and posit it as a counterweight to China. Though authored by the Trump administration, the strong strategic convergence between New and Washington is expected to ensure that the Biden administration doesn’t make too many changes to it.
Cheaper funds fuelling PV sales in India
Aggressive lending and improved services offered by public sector banks is fuelling a revival in the fortunes of the passenger vehicles sector in India. This trend is being helped by the RBI’s stance on improving liquidity and lowering the cost of financing for borrowers.
MSMEs adopting digital marketing are helping India recover faster
The Covid-19 pandemic has forced small and medium companies to adopt digital marketing tools to stay alive. This is facilitating a quicker-than-expected rebound in this sector, which accounts for a significant chunk of GDP, employment and growth.