[ad_1] Former Reserve Bank of India (RBI) Governor D. Subbarao has defended the RBI against criticisms of slowing economic growth, arguing that the central bank’s tight policies were necessary to control inflation and maintain financial stability. The RBI’s tight liquidity policies led to short-term growth sacrifices, but Subbarao defended them as necessary. He argued that […]
Foreign Trade Agreement — a panacea for reciprocal tariffs? – CNBC TV18
[ad_1] India’s Minister of Commerce and Industry, Piyush Goyal, has made an unscheduled visit to Washington DC, ostensibly to address the confusion caused by the announcements of reciprocal tariff — or as the press has speculated to ‘navigate trade tensions’. The Finance Minister while addressing the media on Thursday mentioned that ‘we will have to […]
‘Unilateral, arbitrary, a trade barrier’: FM Nirmala Sitharaman slams EU’s CBAM, Deforestation Act – CNBC TV18
[ad_1] Union Finance Minister Nirmala Sitharaman on Wednesday, October 9, raised strong objections to the European Union’s Carbon Border Adjustment Mechanism (CBAM), labelling it a trade barrier that could significantly harm Indian industries. The FM was speaking with UK’s Financial Times, and emphasised that the CBAM, along with other unilateral measures from the developed world, […]