Report suggests exclude volatile food prices from Indian inflation targeting framework
NEW DELHI – India 's annual economic report card has backed more Chinese investment in the country, even as investments worth billions of dollars from China suffer disruption due to increased geopolitical tensions between New Delhi and Beijing since 2020.
The report said choosing the FDI strategy "appears more advantageous than relying on trade" as it can arrest the growing trade deficit New Delhi has with Beijing, the top exporter for India. Western countries are looking for alternative import avenues to reduce their reliance on China in global manufacturing and supply chains.
"Short-run monetary policy tools are meant to counteract price pressures arising out of excess aggregate demand growth.
Chinese Investment Indian Inflation India China Indian Food Prices
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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