- Nirmala Sitharaman announced fiscal support for land reforms, alongside economic analysis on India's growth and policy bottlenecks.
- Madras School of Economics analyzes India's economic transformation, coinciding with Modi's push for next-generation reforms.
Madras School of Economics reports capital outflows amid rising inflation
What happened
The Madras School of Economics reported that capital outflows are being triggered by narrowing interest rate differentials. Prof. N. R. Bhanumurthy, Director of the Madras School of Economics, also noted that rising and broadening inflationary pressures are expected to push interest rates higher.
From aninews.in
Why it matters
External shocks remain the largest threat to India's economic growth outlook. If oil prices remain elevated, the government may eventually have to transmit higher costs to consumers and producers.
The Madras School of Economics analyzes India's economic transformation, which coincides with Nirmala Sitharaman's fiscal support for land reforms and economic analysis on India's growth and policy bottlenecks.
From aninews.in
Who's involved
- Madras School of EconomicsInstitution reporting on capital outflows and inflation trends
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The entities involved
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Madras School of Economics
institution of higher education in Chennai, India
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