Risk of a global shock will increase with higher rates. It is always the case that, when the easy money retreats, those who have over-indulged collapse, argues our
lead editorial. Read
here
Our
second edit highlights why state government finances should worry the Indian policy establishment. Read
here
India must reorient its trade policy to take advantage of China’s zero-covid strategy, writes
Amita Batra. Read
here
Quote of the Day
“The withdrawal of accommodation, as I see it, would be non-disruptive to the process of recovery and would strengthen our ongoing efforts to combat inflation and anchor inflation expectations.”
RBI Governor Shaktikanta Das