india: We’re very ambitious about India, says International Finance Corporation MD

The International Finance Corporation (IFC) is keen to double its lending in India to $2.5-3 billion over the next couple of years, putting money in newer areas such as renewables, climate change themes, circular economy, and logistics. IFC’s Managing Director Makhtar Diop backs a greater emphasis on the development agenda that includes supporting frontier states … Read more

Had farm reforms gone through, food inflation would have been less, says KV Subramanian

KV Subramanian, former chief economic adviser to GoI and executive director-designate at the International Monetary Fund (IMF), tells Shantanu Nandan Sharma that the path of decline for inflation in India will be sharper than in the rest of the world, adding that if the three farm laws (which were scrapped last year after massive protests) … Read more

cea: Rupee depreciation lower than other major currencies: CEA V Anantha Nageswaran

Attributing the slide in rupee and other currencies against the US dollar to the aggressive monetary tightening by the US Federal Reserve, Chief Economic Advisor (CEA) V Anantha Nageswaran said on Wednesday that the depreciation of the Indian currency has been lower than other major global currencies such as the Euro, the British pound and … Read more