India’s current account deficit widened in the December quarter. The deficit rose to USD 13.2 billion. This increase was primarily driven by a larger trade deficit. However, for the April-December period, the deficit moderated compared to the previous year. Net … Read More
Masonry Blog
US-Iran War: India Inc must prepare and hedge for risks, not panic, say experts
India Inc faces a significant geopolitical challenge as the US-Israel war with Iran escalates, threatening crucial oil and LNG imports. With the Strait of Hormuz at risk, rising crude prices, currency pressure, and inflation are immediate concerns. Experts warn of … Read More
India’s strong core can extend goldilocks ride: RBI's Sanjay Malhotra
RBI Governor Sanjay Malhotra stated that India’s economy is healthy and robust, with broad-based growth and increased investment. He anticipates interest rates will remain stable or decrease due to benign inflation. While acknowledging global uncertainties, Malhotra expressed confidence in the … Read More
No escape for the rupee also, it could slip below 91.50/$
The Indian rupee is poised for a fall below 91.50 against the US dollar on Monday. Global oil prices and geopolitical tensions are driving this weakening. The Reserve Bank of India is expected to intervene to stabilize the currency. This … Read More
Oil jumps 10% on Iran conflict and could spike to $100 a barrel, analysts say
Analysts predict prices could reach $100 or more, especially if the Strait of Hormuz, through which over 20% of global oil passes, is closed. Tanker owners and oil majors have suspended shipments via the vital waterway.
India a picture of stability in turmoil; to shape global growth in next decade: Shaktikanta Das
India is poised to lead global growth in the next decade. Former RBI governor Shaktikanta Das highlights India’s macroeconomic stability and inflation control as key drivers. The nation is experiencing sustained high GDP expansion, contributing significantly to global real GDP … Read More