Currency Conundrum

Create dedicated war chest to cushion against conflicts, defer non-priority imports, go big on dollar trades, currency swaps & non-dollar deals. K.A.Badarinath Is Bharatiya Rupee under attack? Will conversion ratio cross the psychological barrier of Rs 100 per one US dollar? Would that mean Bharat’s economy gets more susceptible or vulnerable to external currency market … Continue reading Currency Conundrum

Pragmatism Over Ambition

BRICS currency may not be shelved all together. Non-dollar settlements, digital currencies, regional payment gateways to take precedence. N. C. Bipindra A common BRICS currency is an idea that once symbolised the grouping's ambitious challenge to dominance of US Dollar. The common BRICS currency was proposed to reshape the global financial order apart from geo-political … Continue reading Pragmatism Over Ambition

India to turn third largest economy sooner!

Turmoil in UK, Germany & Japan, churn in US and China may not impact Bharat’s plans but global headwinds cannot be wished away K.A.Badarinath Three significant developments were reported in last couple days. All the three relating to economy are intrinsically linked and have long lasting impact globally. Japanese economy contracted for two consecutive quarters … Continue reading India to turn third largest economy sooner!