Currency with Public at Rs. 30.89 lakh Crore – Higher than before Demonetization

Currency with Public at Rs. 30.89 lakh Crore – Higher than before Demonetization Currency with public refers to notes and coins used by people to transact, settle trades, and for buying goods and services. The figure comes after subtracting cash with banks from currency in circulation. Currency/ Cash with public in 21st October, 2022, was …

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Inflation Paradigm Shift – An Overview

Inflation Paradigm Shift – An Overview An interesting article titled “Inflation’s paradigm shift, explained” published in the WEO forum on 3rd November 2022. First, let us what the paper talks about before going to our view. The article started with the following key points The Major highlights of the article stated are as follows A …

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Internationalisation of Indian Rupee – An view

The topic of this Keynote Address is “Internationalisation of the Rupee: Is it time to shift gears?” The Crux of the Speech/ address is as below: Why do I think internationalisation of the Rupee is a desirable objective of public policy? Some of the advantage are fairly obvious, as explained below: Use of Rupee in …

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