Why global money isn’t cheap any more, and how this impacts India
The Reserve Bank of India's annual report for 2025-26 has expressed concern over "elevated" sovereign bond yields and possible "reversal" of monetary easing (read interest rate hikes) by global central banks, in response to the West Asia crisis-induced inflationary pressures. That concern has also been articulated by the government's chief economic advisor V. Anantha Nageswaran. In a recent opinion piece…
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