 "Best of BS Opinion: China's zero Covid policy, fiscal weakness, and more")
Here is the best of Business Standard’s opinion pieces for Thursday.
Risk of a global shock will increase with higher rates. It is always the case that, when the easy money retreats, those who have over-indulged collapse, argues our lead editorial. Read here
Our second edit highlights why state government finances should worry the Indian policy establishment. Read here
India must reorient its trade policy to take advantage of China’s zero-covid strategy, writes Amita Batra. Read here
Quote of the Day
“The withdrawal of accommodation, as I see it, would be non-disruptive to the process of recovery and would strengthen our ongoing efforts to combat inflation and anchor inflation expectations.”
RBI Governor Shaktikanta Das
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