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Quotes from the news wire:
Indias Prime MinisterSitharaman is likely to come under growing pressure to loosen policy to support the economy amid signs that growth has slowed.
– Shilan Shah
An election victory for Prime Minister Narendra Modi . could provide space to re-energize Prime Minister Narendra Modi . reform agenda after a lackluster 2018.
The election is likely to prove a turning point for the economy.
This suggests that the hiking cycle is not over just yet, it would appear that the [ central bank ] felt it prudent to wait to assess the impact of the first two hikes before moving again.
With growth strengthening and core inflation picking up, we think today's hike marks the start of a modest tightening cycle.
The result provides some reassurance to the BJP that its popularity remains intact, that could embolden the government to pursue reforms in future, including loosening foreign direct investment restrictions and moves toward privatization.
These changes are fairly significant, particularly if you look at them in the context of what happened over the weekend with Governor Rajan's decision to step down, it might be the government's way to illustrate its commitment to reforms and mitigate any investor fallout.
These changes are fairly significant, particularly if you look at them in the context of what happened over the weekend with Governor Rajan's decision to step down, it might be the government's way to illustrate its commitment to reforms and mitigate any investor fallout following Rajan's decision.
With progress on the reforms needed to support a vibrant export sector still slow, the government’s ambition to nearly double export values by 2020/21 is looking increasingly unrealistic.
It's going to make his life really difficult - he will struggle to form a majority in the upper house, the next step is to put aside some of the really polarizing issues and form alliances.
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"Shilan Shah Quotes." Quotes.net. STANDS4 LLC, 2020. Web. 26 Nov. 2020. <https://www.quotes.net/authors/Shilan+Shah+Quotes>.