Indian govt bonds in JPMorgan debt index shows confidence in Indian economy: DEA Secy
"It is a welcome development showing confidence in the Indian economy," says Ajay Seth, secretary, department of economic affairs (DEA).
"It is a welcome development showing confidence in the Indian economy," says Ajay Seth, secretary, department of economic affairs (DEA).
CEA further said this could create ground for perverse incentives and dissuade people from income generating opportunities.
V Anantha Nageswaran pointed out that India may achieve its potential growth if the global situation becomes less hostile.
CEA V. Anantha Nageswaran says if the global economy slows down, as IMF and others have projects, then commodity prices should retreat on monetary tightening
Nageswaran said the continuation of the Russia-Ukraine conflict at the beginning of 2023 will "create geopolitical and geo-economic uncertainties."
G20 presidency will focus on key issues on macroeconomic vulnerabilities and challenges pertaining to regulation of virtual assets, said CEA V Anantha Nageswaran