As long as developing countries, including India and China, tie their currencies to the dollar in a hard or soft peg, and as long as borrowers from these countries are tempted to engage in their own version of 'carry trade', spillover risks will remain
4 min read22 May 2018In case the government buckles under US pressure, the likely result could be a faster appreciation of the rupee
4 min read16 Apr 2018Asia's export-reliant economies will be collateral damage from any exchange-rate stunts from the Trump White House
4 min read23 Mar 2018Books | Pre-crisis, but an X-ray of financial imbalances
2 min read23 Nov 2008The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared