BasisPointInsight.com - Why Using RBI’s Contingency Reserves Is No Longer Heresy by R. Gurumurthy Given current conditions, there is scope for using contingency reserves, doing away with capital gains, and reducing the size of government borrowing to send signals to external capital waiting to see...

3/3 The real question is whether policy adapts, or stays bound by orthodoxy while pressures build.

𝐑𝐞𝐚𝐝 𝐑 𝐆𝐮𝐫𝐮𝐦𝐮𝐫𝐭𝐡𝐲’𝐬 𝐜𝐨𝐥𝐮𝐦𝐧 𝐟𝐨𝐫 𝐁𝐚𝐬𝐢𝐬𝐏𝐨𝐢𝐧𝐭: 𝐖𝐡𝐲 𝐔𝐬𝐢𝐧𝐠 𝐑𝐁𝐈’𝐬 𝐂𝐨𝐧𝐭𝐢𝐧𝐠𝐞𝐧𝐜𝐲 𝐑𝐞𝐬𝐞𝐫𝐯𝐞𝐬 𝐈𝐬 𝐍𝐨 𝐋𝐨𝐧𝐠𝐞𝐫 𝐇𝐞𝐫𝐞𝐬𝐲 👇

#IndiaEconomy #MacroPolicy

BasisPointInsight.com - What Will the Fed's "Warsh Era" Bring? by Mohamed A. El-Erian The next Federal Reserve chair will inherit an institution that, by any historical measure, is deeply fractured internally and lacks credibility externally. By strengthening the Fed’s analytical frame...

1/2 After Kevin Warsh’s G30 Spring Lecture, Chair Raghuram G. Rajan commented that he “pretty much” agreed with everything Warsh said.

#FederalReserve #WarshEra #CentralBankReform #PolicyCredibility #BalanceSheetTheory #MacroPolicy

BasisPointInsight.com - Floating: A Double-Edged Sword by Michael Debabrata Patra Floating exchange rates were meant to absorb shocks. This essay shows how, in emerging economies, they have often magnified crises instead. by Michael Debabrata Patra, BasisPointInsight.com

6/7 From the Latin American debt crises to the Asian crisis, from COVID to the Ukraine shock, currency instability has often intensified economic and financial stress rather than cushioning it.

#MacroPolicy

BasisPointInsight.com - Why Exchange Rate Stability Matters More Than Ever for India by Michael Debabrata Patra As alarmist calls on the rupee clash with the IMF’s own labels, this piece asks why exchange rates matter, and why stability cannot be left to markets alone. by Michael Debabrata Patra, BasisPointInsi...

5/6 At a time when currency commentary swings between panic and classification debates, this piece reframes the discussion around institutional responsibility.

The exchange rate is not merely a market price. It is a stability variable.

#MacroPolicy

Central banks preparing rate cuts while inequality widens is a cynical joke. Lower rates won’t fix structural financial rot — they delay consequences so the exposure hits unnoticed. #EconomicTruth #Inequality #MacroPolicy

BasisPointInsight.com - RBI’s Rate Cut Shows Rupee is No Obstacle to Rate Cuts by BasisPoint Groupthink The MPC cut rates despite the rupee’s wobble, signalling what policy has long implied. The currency is simply not a factor in the RBI’s rate calculus. by BasisPoint Groupthink, BasisPointInsight.com

The MPC cut rates despite the rupee’s wobble, signalling what policy has long implied. The currency is simply not a factor in the RBI’s rate calculus.

Read BasisPoint’s Groupthink.👇

#RBI #RateCuts #RBIMPC #Rupee #MacroPolicy #IndiaEconomy

4/5 We also discuss whether the rupee is heading beyond 90, what exporters and importers should read into the shifting band, and what India needs to do to restore confidence in its FX framework.

#INRTrend #MacroPolicy

BasisPointInsight.com - Malhotra’s RBI: Between Freedom and Friction by R. Gurumurthy Malhotra completes his first year at the RBI next month. His tenure so far reveals a governor intent on pushing boundaries, loosening rules, and learning where freedom ends and systemic risk begins. b...

2/2 Malhotra has given the RBI a new tone—confident, pro-growth, and intellectually open—but tone must now meet discipline, sequencing, and sharper supervision.

Read R Gurumurthy’s analysis on BasisPoint: Malhotra’s RBI: Between Freedom and Friction 👇

#IndiaEconomy #RBI #Governance #MacroPolicy

Environmental concerns in sector and country economic work, 1985

🔗 www.neljorsa.com/environmenta...

#SoilConservation #EcologicalIntegration #MacroPolicy #LandDegradation #EconomicSustainability

@unsdsn.org @oecd-ocde.bsky.social @icimod.bsky.social @undp.org @cimmyt.bsky.social

India’s Growth Pops, But RBI Still Has Reasons To Cut Rates A 7.4% GDP print in January–March 2025 flatters India’s outlook. With consumption weak and real rates high, RBI can still ease to lift growth.

2/2 Read why one strong quarter isn’t enough — and why the RBI should stay on its rate-cut path : basispointinsight.com/Story/Policy...

#IndiaGDP #RateCutDebate #RBIWatch #GrowthVsQuality #MacroPolicy #RealRateGap

Financial stability remains key to a resilient economy. Fed highlights strong household finances but notes rising stress in subprime credit. Vigilance on asset valuations, liquidity, and leverage continues. #FinancialStability #Fed #Economy #RiskManagement #MacroPolicy