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Summaries by Sudipto Mundle

2 summaries by this author.

Critical

Did India’s risks on the external front really require RBI to dust off its rupee crisis playbook?

The RBI implemented measures, including a risk-shielded deposit scheme, to attract foreign capital amidst rupee depreciation and perceived forex outflows. However, the author argues India's forex reserves were robust, with metrics like the Guido-Greenspan ratio and IMF ARA indicating a strong buffer, contrary to a crisis impression. While RBI might be concerned about the direction of reserve change and low net FDI, the article questions the necessity and high cost of these interventions. The scheme will likely draw dollars, but the justification for the significant cost is debated, suggesting an unneeded urgency.

LiveMint · Sudipto Mundle · Jun 25, 2026 at 8:30 AM

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Balanced

Here are four significant economic distortions that India must sort out to shield its economy

India faces a multifaceted crisis from the Iran war, causing import blocks, capital flight, currency depreciation, slowing growth, and inflation. The author urges urgent policy reversals, advocating market-driven solutions. Key recommendations include letting the rupee find its market-clearing level, tightening monetary policy to stem capital outflow and inflation, and fully passing through global fuel and fertilizer price increases to protect finances. Diversifying trade partners is also crucial. These steps are vital for navigating the crisis and enabling future structural reforms, positioning India for high growth.

LiveMint · Sudipto Mundle · May 28, 2026 at 8:30 AM

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