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India economy news: India's macro-fundamentals strengthened even after facing external shocks since 2020: Ashima Goyal - Vimarsana News

India economy news: India's macro-fundamentals strengthened even after facing external shocks since 2020: Ashima Goyal

India's macro-fundamentals have strengthened despite severe external shocks since 2020, according to Reserve Bank Monetary Policy Committee member Ashima Goyal. The country's economic diversity, adequate buffers, and feasible reforms have enabled countercyclical policies. With more firms and consumers internalizing the inflation target, the economy is likely to approach the Reserve Bank of India's (RBI) inflation target of 4% this year.

Geopolitical Shocks: India, Indonesia risk biggest fallout from geopolitical shocks - Vimarsana News

Geopolitical Shocks: India, Indonesia risk biggest fallout from geopolitical shocks

India Business News: India and Indonesia are expected to be negatively affected by high oil prices, a strong dollar, and geopolitical instability. Malaysia, on the other h

EU to Invest €43 Billion to Boost Local Chip Production, Reduce Dependency on Asia - Vimarsana News

EU to Invest €43 Billion to Boost Local Chip Production, Reduce Dependency on Asia

The European Parliament and EU member states reached an agreement Tuesday on a plan to boost the supply of semiconductors in Europe, as the bloc races to reduce its dependence on Asian suppliers. The European Union has prioritised local chip production after the coronavirus pandemic triggered supply chain shocks that led to significant shortages. Asian industry, especially firms in China and Taiwan, currently dominate the manufacture and export of semiconductors.

Source: news18.com