Ananth Narayan

Data from the Reserve Bank of India (RBI), the Securities and Exchange Board of India (Sebi), and the World Bank suggests that India is a global outlier in the relative size of our credit markets

Large transfers and bond buys by the Reserve Bank of India have supported fiscal maths and liquidity; sustaining this when inflation or capital flows shift may prove harder

The Budget should consider moving to a residence-based tax regime, exempting foreign investors from long-term capital gains tax

As India's capital markets deepen, Sebi, industry and academia must work together to strike the right regulatory balance

The report concluded that although international policy consensus was shifting towards multiple-target, multiple-instrument frameworks, India should first focus on reducing the then high inflation

India has made the first leg very efficient; the next phase should be to gradually strengthen the second and third

If FY23, crude oil prices were to average $120 a barrel, our current account deficit could rise to 3.8 per cent of GDP. Until the quality of our external balance improves, India needs forex buffers

This vote will obviously have a direct impact for the UK economy, as it negotiates an unprecedented departure from the EU

In the midst of all this gloom, there are a few positives for rupee, going forward. The first is on the exports front