How big a worry is revolving credit offered by India’s shadow lenders? It can be sandbox-tested

Mint has reported a new India-focused economy development: “Why it's a good thing that RBI’s swap facility for overseas-Indian deposits is closing early.” The publisher's feed describes the story as follows: The scheme has been a success but it’s far from costless. In any case, Indian policy must focus on a lasting solution to the country’s current account deficit, which demands action on two other fronts. Treat the cause, not the symptom. Intellectual Janata Party includes this item for publi

Mint has reported a new India-focused economy development: “Dovish views on inflation are abundant but the arguments being made are unconvincing.” The publisher's feed describes the story as follows: Those keen on an easy money policy argue that price instability isn’t a problem in India. While their reasons may sound coherent, the case they make for lower rates of interest usually falls flat. Here's why. Intellectual Janata Party includes this item for public-affairs discovery and context onl

Mint has reported a new India-focused economy development: “India’s overall unemployment rate falls in July; joblessness rises in urban centres but eases in rural areas.” The publisher's feed describes the story as follows: The PLFS is the primary source of data on activity participation and employment and unemployment conditions of the population. Intellectual Janata Party includes this item for public-affairs discovery and context only; readers should use the original publisher link for the

Mint has reported a new India-focused economy development: “Mint Explainer | Indian consumers are spending again. Can it last?.” The publisher's feed describes the story as follows: Rural demand, premium products and quick commerce drove Q1 growth, but higher input costs and food inflation could test consumer recovery Intellectual Janata Party includes this item for public-affairs discovery and context only; readers should use the original publisher link for the complete report, full sourcing