Policy Briefs & Reports

Volatility in global financial markets has increased significantly in recent months. This reflects several concerns including the likley delay in US Fed raising rates; flat consumenr spending and continued price weakness in Japan despite BOJ introducing negative interest rates; slowing growth in emerging markets specially China and Brazil; falling commodity prices, fresh fears about sustainability of Greece debt; and recession in Russia and Brazil.* The seminar discussed the impact of these global headwinds on India, with a particular focus on the slowing down in China.