DOLLAR-RUPEE SWAP, A USEFUL TOOL

Source : www.thehindu.com Date : 2019-03-21 DOLLAR-RUPEE SWAP, A USEFUL TOOL Relevant for: Indian Economy | Topic: Issues relating to Growth & Development – Foreign Capital, Foreign Trade & BOP The Reserve Bank of India’s decision last week to resort to a dollar-rupee swap, instead of the traditional open-market purchase of bonds, to infuse liquidity…

FINANCE MINISTRY ASKS BANKS TO GIVE PREFERENCE TO INDIAN FIRMS FOR ATM PROCUREMENT

Source : www.economictimes.indiatimes.com Date : 2019-03-18 FINANCE MINISTRY ASKS BANKS TO GIVE PREFERENCE TO INDIAN FIRMS FOR ATM PROCUREMENT Relevant for: Indian Economy | Topic: Issues relating to Growth & Development – Banking, NPAs and RBI The finance ministry has asked banks to give preference to Indian manufacturers under the ‘Make in India’ initiative when…

THE PROBLEM IS JOBS, NOT WAGES

Source : www.thehindu.com Date : 2019-03-18 THE PROBLEM IS JOBS, NOT WAGES Relevant for: Indian Economy | Topic: Issues Related to Poverty, Inclusion, Employment & Sustainable Development It is well established that India is staring at a massive jobs crisis. Every single survey points to jobs as the biggest issue concerning voters, especially the youth.…