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Rupee past 90: Why an undervalued real exchange rate is a double-edged sword

New Delhi, Dec. 9 -- The rupee has surpassed the 90 per dollar mark, down over 5% from the start of 2025. While the exchange rate has depreciated quite a bit this year, the most recent trigger was the... Read More


Rupee below 90: Why an undervalued real exchange rate is a double-edged sword

New Delhi, Dec. 9 -- The rupee has surpassed the 90 per dollar mark, down over 5% from the start of 2025. While the exchange rate has depreciated quite a bit this year, the most recent trigger was the... Read More


China's secret sauce was rare earths. India, too, has a complex resource

New Delhi, Nov. 23 -- In 1992, Chinese leader Deng Xiaoping reportedly said that if West Asia had oil, China would have rare earths. In two decades, China was actually dominating the rare earths chain... Read More


If India embraces structurally low inflation, here's what it must be ready for

New Delhi, Nov. 17 -- Nearly a decade ago, India's central bank adopted a framework of "flexible inflation targeting", or FIT. It is widely accepted that inflation has been managed well under this mec... Read More


Low inflation sounds good-but here's how it will reshape India's economy

New Delhi, Nov. 17 -- Nearly a decade ago, India's central bank adopted a framework of "flexible inflation targeting", or FIT. It is widely accepted that inflation has been managed well under this mec... Read More


Forget crude, gold now measures the world's economic anxiety

New Delhi, Oct. 19 -- Reserve Bank of India governor Sanjay Malhotra recently observed that gold has replaced oil as the barometer of economic uncertainty. In an economic landscape clouded by uncertai... Read More


Monetary policy in the fog: How uncertainty upends central bank strategy

New Delhi, Oct. 5 -- "Uncertainty is not just an important feature of the monetary policy landscape; it is the defining characteristic of that landscape." - Alan Greenspan, former US Federal Reserve g... Read More


Why China's exports have stayed resilient in the face of Trump's tariffs

New Delhi, Sept. 21 -- Chinese goods exports grew by 4.4% in year-on-year terms in August. This was the slowest rate in six months and the worst performance since the US's Donald Trump administration ... Read More