試す 金 - 無料
Das: Protectionism, tariffs among major challenges
Business Standard
|November 27, 2024
Says India well-placed to deal with any spillover effects of global shocks
A mid-looming trade war in Donald Trump's second term as President of the United States, the Reserve Bank of India (RBI) is confident in being able to handle the blowback from global shocks emanating from such policies.
In an interview with the Financial Times, RBI Governor Shaktikanta Das termed "protectionism" and "tariffs" the biggest challenges, and said India was well placed to deal with any spillover from external sources.
"These are issues on which we have no control," he said.
Foreign investors have been pulling out of debt and equity markets since Trump won the presidential elections earlier this month. This has put pressure on the rupee, which hit a new low of 84.50 a dollar last week.
このストーリーは、Business Standard の November 27, 2024 版からのものです。
Magzter GOLD を購読すると、厳選された何千ものプレミアム記事や、10,000 以上の雑誌や新聞にアクセスできます。
すでに購読者ですか? サインイン
Business Standard からのその他のストーリー
Business Standard
Benchmarks advance for 2nd day
Markets extended gains for a second straight session on Tuesday, recovering from last week’s sharp selloff amid supportive global cues.
1 mins
March 18, 2026
Business Standard
Plastic units face closure as polymer costs rise 70%
The conflict in West Asia has begun to affect India’s supply chain of petrochemicals, pushing up prices of polymers to record highs and triggering a near collapse of the plastic-processing sector in several states, including Odisha, with more than 50 per cent of the units halting production.
1 min
March 18, 2026
Business Standard
Developing countries target more industries than wealthy ones: WB
Developing countries are pursuing industrial policy more aggressively than rich nations but many rely too heavily on blunt tools like tariffs and subsidies that are unlikely to work, the World Bank warned in a report on Tuesday.
1 min
March 18, 2026
Business Standard
A 200-year saga of Indian bulls and bears
Stock trading in India began long before a formal stock exchange came into being.
3 mins
March 18, 2026
Business Standard
HCs tighten GST enforcement scrutiny
SEVERAL HIGH COURTS HAVE SET ASIDE GST CANCELLATIONS AND ENFORCEMENT ACTIONS WHERE AUTHORITIES ISSUED VAGUE NOTICES, FAILED TO PROVIDE A PROPER HEARING, OR PASSED NON-SPEAKING ORDERS.
2 mins
March 18, 2026
Business Standard
Bracing for semaglutide generics, Novo holds price line
However, the local arm of Novo Nordisk believes the real ‘opportunity lies in expanding the obesity treatment market in India rather than defending market share through aggressive pricing.
2 mins
March 18, 2026
Business Standard
MFs invested big in private lenders in February, pared holdings in SBI
Mutual funds (MFs) continued to raise exposure to private sector banking stocks in February, extending the buying trend seen in the previous month.
1 min
March 18, 2026
Business Standard
SC wants Centre to bring law on paternity leave
Adoptive mothers to avail of benefits irrespective of child's age
2 mins
March 18, 2026
Business Standard
Morning-after pills: DTAB pushes for boxed warnings
To highlight its side effects, the Drug Technical Advisory Board (DTAB) has sought to mandate manufacturers of emergency contraceptives or morning after pills such as i-pill and Unwanted 72 to include boxed warnings on packaging of such drugs.
1 min
March 18, 2026
Business Standard
Audi to rethink product lineup after clarity on FTA duties: India head
German carmaker Audi will revisit and recalibrate its product launch lineup in India once the precise details of import duty cuts under the India-EU free trade agreement (FTA) are revealed, said the country’s Brand Director Balbir Singh Dhillon on Tuesday.
1 mins
March 18, 2026
Listen
Translate
Change font size