India among 12 economies on currency Monitoring List ‘of US treasury

India on Friday remained on the US treasury department’s currency Monitoring List of major trading partners as Washington placed India along with 11 other major economies that merit close attention to their currency practices and macroeconomic policies. The countries are China, Japan, South Korea, Germany, Italy, India, Malaysia, Singapore, Thailand, Taiwan, Vietnam and Mexico, said … Read more

How a weaker rupee will impact the Indian economy and people?

For the first time, the Indian rupee breached the psychological barrier of 77 against the dollar on Monday to close at a record low of 77.46, raising fears that India’s inflation situation could worsen. Retail inflation in March neared the 7% mark, largely reflecting the impact of geopolitical spill overs and a Reuters poll suggested … Read more