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It’s a Catch-22. Leave the liquidity glut unattended, and foreigners may chase overpriced Indian equities. Withdraw it, and watch carry traders pile in. Both kinds of speculative bets will eventually unwind, setting the rupee up for a hard fall.
T20 World Cup: Here is everything you need to know about the 29-day high octane eventThe 16-team tournament is the biggest global cricket event since the Covid-19 pandemic struck and the event had to be shifted even though the Indian board retains its host status.
from News-Economic Times https://ift.tt/3aKE… Read MoreFuel Price Live Updates: Consumption of petrol, diesel higher than pre-pandemic, will look into price issue, says Union Minister Puri
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… Read MoreNavy commanders to hold five-day conclave to review maritime securityThe commanders are expected to deliberate on China's increasing forays into the Indian Ocean and ways to maintain the Indian Navy's dominance in the strategically key region.
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… Read MoreIndia has started building indigenous computing systems in defence sector: Dr Vijay SaraswatIn light of the upcoming ‘Azadi ka Amrut Mahotsav,’ he shared his decade-old conversation with Dr Kalam about making India self-reliant and how he sees that dream unfolding in present India.
from News-Economic Times https://… Read MoreIndia proposes to host Afghan NSA meet in November; invites Pakistan, Russian NSAsPakistani NSA Moeed Yusuf had received the invitation for the meet and if he attends the meet this will be his maiden visit here as the Pak NSA.
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