Bad economic management and crippling US tariffs have battered the lira, and Turkey’s currency crisis has triggered fresh selling across emerging markets. The already sliding rupee has reacted sharply.
In June, WPI inflation rose to its highest level in 54 months. Does rising WPI inflation really matter? How does WPI inflation differ from CPI inflation? And how does inflation impact a country’s economic growth?
A majority of these cases is being probed by the CBI and over half the officers facing action are of the rank of general manager and above. Until the end of March, just 10 officers were officially recorded as being under CBI investigation in five cases of bank fraud.
Chief Statistician of Canada Anil Arora speaks on the crucial role of statistics and data in the formulation of policy decisions such as the one regarding recreational cannabis, as well as on the need to base decisions on good evidence.
The spurt in the number of STRs finds a reflection in the number of investigations initiated under FEMA (foreign Exchange Management Act), 1999, which have shot up from 1,516 in FY16 to 1,993 in FY17 and 3,369 in FY18.
Through the first increase in repo rate since the NDA came to power four years ago, the Reserve Bank has underlined the upside risk to inflation projections, and reiterated its mandate to check rising prices.
In February this year, even as SBI, amid increased pressure of stressed assets, reported its first quarterly loss in 17 years for the three months ended December 2017, the bank’s management claimed that the bad loans had topped out.
Even as GDP growth figures issued by the Central Statistics Office Thursday showed that the ongoing recovery strengthened in the last quarter of 2017-18, there are concerns over whether the rebound can be sustained amid surging oil prices.
A steady supply of uranium is good news for the country’s nuclear power sector, something that is expected to boost the performance of Indian nuclear power plants, as well as of several fuel cycle facilities.