Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
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        LATEST NEWS UPDATES | Macrovariable projections in uncertain times -Arun Kumar    </title>
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International factors and faulty data will impact India&rsquo;s projections of GDP, inflation and balance of payments

The Fed has raised its benchmark interest rate again by a whopping 0.75%. The Reserve Bank of India has also been forced to raise..."/>
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International factors and faulty data will impact India&rsquo;s projections of GDP, inflation and balance of payments

The Fed has raised its benchmark interest rate again by a whopping 0.75%. The Reserve Bank of India has also been forced to raise..." />
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>International factors and faulty data will impact India&rsquo;s projections of GDP, inflation and balance of payments</em></p><p style="text-align:justify">The Fed has raised its benchmark interest rate again by a whopping 0.75%. The Reserve Bank of India has also been forced to raise interest rates further but also take other steps. These decisions in the Monetary Policy Committee (MPC) meeting are based on what the members of the MPC see as the likely course of the economy in the months ahead. But, the trajectory of the world economy, and its likely impact on the Indian economy, is imponderable. So, Indian policymakers would face two crucial problems.</p><p style="text-align:justify">First, the main uncertainty is due to Russia&rsquo;s war on Ukraine and the resultant economic sanctions on Russia, as well as the zero-COVID-19 policy in China that repeatedly implements lockdowns leading to global supply bottlenecks. Second, policy has to base itself on data. If it is deficient, it introduces additional uncertainty, making projections for the future difficult and causing policies to fail. This will compound the problem that results from the global uncertainty.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/lead/macrovariable-projections-in-uncertain-times/article65747423.ece?fbclid=IwAR394vU9qywu4VqcHFW5TSy0t5f6l_ZFXGx009PPffltBRED5CKghKSGd2U" title="https://www.thehindu.com/opinion/lead/macrovariable-projections-in-uncertain-times/article65747423.ece?fbclid=IwAR394vU9qywu4VqcHFW5TSy0t5f6l_ZFXGx009PPffltBRED5CKghKSGd2U">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.thehindu.com/opinion/lead/macrovariable-projections-in-uncertain-times/article65747423.ece?fbclid=IwAR394vU9qywu4VqcHFW5TSy0t5f6l_ZFXGx009PPffltBRED5CKghKSGd2U" class="re" target="_blank">The Hindu, 9 August, 2022, https://www.thehindu.com/opinion/lead/macrovariable-projections-in-uncertain-times/article65747423.ece?fbclid=IwAR394vU9qywu4VqcHFW5TSy0t5f6l_ZFXGx009PPffltBRED5CKghKSGd2U</a><div class="clear"></div>
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International factors and faulty data will impact India&rsquo;s projections of GDP, inflation and balance of payments

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    <h1 class="cat-box-title">Macrovariable projections in uncertain times -Arun Kumar</h1>
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>International factors and faulty data will impact India&rsquo;s projections of GDP, inflation and balance of payments</em></p><p style="text-align:justify">The Fed has raised its benchmark interest rate again by a whopping 0.75%. The Reserve Bank of India has also been forced to raise interest rates further but also take other steps. These decisions in the Monetary Policy Committee (MPC) meeting are based on what the members of the MPC see as the likely course of the economy in the months ahead. But, the trajectory of the world economy, and its likely impact on the Indian economy, is imponderable. So, Indian policymakers would face two crucial problems.</p><p style="text-align:justify">First, the main uncertainty is due to Russia&rsquo;s war on Ukraine and the resultant economic sanctions on Russia, as well as the zero-COVID-19 policy in China that repeatedly implements lockdowns leading to global supply bottlenecks. Second, policy has to base itself on data. If it is deficient, it introduces additional uncertainty, making projections for the future difficult and causing policies to fail. This will compound the problem that results from the global uncertainty.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/lead/macrovariable-projections-in-uncertain-times/article65747423.ece?fbclid=IwAR394vU9qywu4VqcHFW5TSy0t5f6l_ZFXGx009PPffltBRED5CKghKSGd2U" title="https://www.thehindu.com/opinion/lead/macrovariable-projections-in-uncertain-times/article65747423.ece?fbclid=IwAR394vU9qywu4VqcHFW5TSy0t5f6l_ZFXGx009PPffltBRED5CKghKSGd2U">click here</a> to read more.&nbsp;</p>                                                           
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        LATEST NEWS UPDATES | Macrovariable projections in uncertain times -Arun Kumar    </title>
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International factors and faulty data will impact India&rsquo;s projections of GDP, inflation and balance of payments

The Fed has raised its benchmark interest rate again by a whopping 0.75%. The Reserve Bank of India has also been forced to raise..."/>
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    <h1 class="cat-box-title">Macrovariable projections in uncertain times -Arun Kumar</h1>
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>International factors and faulty data will impact India&rsquo;s projections of GDP, inflation and balance of payments</em></p><p style="text-align:justify">The Fed has raised its benchmark interest rate again by a whopping 0.75%. The Reserve Bank of India has also been forced to raise interest rates further but also take other steps. These decisions in the Monetary Policy Committee (MPC) meeting are based on what the members of the MPC see as the likely course of the economy in the months ahead. But, the trajectory of the world economy, and its likely impact on the Indian economy, is imponderable. So, Indian policymakers would face two crucial problems.</p><p style="text-align:justify">First, the main uncertainty is due to Russia&rsquo;s war on Ukraine and the resultant economic sanctions on Russia, as well as the zero-COVID-19 policy in China that repeatedly implements lockdowns leading to global supply bottlenecks. Second, policy has to base itself on data. If it is deficient, it introduces additional uncertainty, making projections for the future difficult and causing policies to fail. This will compound the problem that results from the global uncertainty.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/lead/macrovariable-projections-in-uncertain-times/article65747423.ece?fbclid=IwAR394vU9qywu4VqcHFW5TSy0t5f6l_ZFXGx009PPffltBRED5CKghKSGd2U" title="https://www.thehindu.com/opinion/lead/macrovariable-projections-in-uncertain-times/article65747423.ece?fbclid=IwAR394vU9qywu4VqcHFW5TSy0t5f6l_ZFXGx009PPffltBRED5CKghKSGd2U">click here</a> to read more.&nbsp;</p>                                                           
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Macrovariable projections in uncertain times -Arun Kumar

Published on Aug 9, 2022   Modified on Aug 11, 2022

-The Hindu International factors and faulty data will impact India’s projections of GDP, inflation and balance of payments The Fed has raised its benchmark interest rate again by a whopping 0.75%. The Reserve Bank of India has also been forced to raise interest rates further but also take other steps. These decisions in the Monetary Policy Committee (MPC) meeting are based on what the members of the MPC see as the likely course of the economy in the months ahead. But, the trajectory of the world economy, and its likely impact on the Indian economy, is imponderable. So, Indian policymakers would face two crucial problems. First, the main uncertainty is due to Russia’s war on Ukraine and the resultant economic sanctions on Russia, as well as the zero-COVID-19 policy in China that repeatedly implements lockdowns leading to global supply bottlenecks. Second, policy has to base itself on data. If it is deficient, it introduces additional uncertainty, making projections for the future difficult and causing policies to fail. This will compound the problem that results from the global uncertainty. Please click here to read more.

The Hindu, 9 August, 2022, https://www.thehindu.com/opinion/lead/macrovariable-projections-in-uncertain-times/article65747423.ece?fbclid=IwAR394vU9qywu4VqcHFW5TSy0t5f6l_ZFXGx009PPffltBRED5CKghKSGd2U

Tagged with: GDP Growth Inflation Interest Rate Balance of Payments Technical recession

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