Emkay Global Sees 7.8% India Growth In FY23

The video discusses the economic impact of geopolitical events in Eastern Europe, particularly the Russia-Ukraine conflict, on global growth and inflation. It highlights potential trade disruptions and changes in energy policy. The Reserve Bank of India (RBI) is analyzed for its policy flexibility in response to these challenges, with a focus on interest rate decisions. The fiscal impact of rising oil prices on India's economy is also examined, including potential effects on the budget and deficit.

What is one of the expected impacts of the Russian invasion of Ukraine on the global economy?

• Stability in energy prices

• Decrease in inflation

• Increase in global growth

• Potential trade disruptions

How might the Reserve Bank of India respond to the rising commodity prices?

• No change in policy

• Immediate interest rate hikes

• Delayed interest rate hikes

• Reduction in interest rates

What is a potential consequence of synchronized monetary policy tightening by global central banks?

• Increase in global trade

• Stability in emerging markets

• Decrease in global inflation

• Higher interest rates worldwide

What fiscal impact might India face due to a $10 increase in crude oil prices?

• No impact on fiscal deficit

• Decrease in fiscal deficit

• Subsidy impact of around 250 billion on regulated fuels

• Increase in GDP by 0.5%

What is the expected impact on India's current account if oil prices remain above $100?

• Improvement in trade balance

• Narrowing of the current account

• Widening to 2.5% of GDP

• No change in the current account