Amid tightening global liquidity, rising protectionist sentiment and high oil prices, Indian policymakers are faced with difficult choices to keep the country's macroeconomic stability intact
Federal Reserve Chair Jerome Powell this week also showed concern about the shake-up in trade policy
Investors reacted to all the events by sending the dollar to its largest weekly gain since 2016 while keeping pressure on emerging markets vulnerable to the more restrictive policies
There are three important central bank policy statements scheduled this week and all will be read with great care
Trump administration and Beijing indicated they're willing to negotiate
the Japanese yen has been on a tear against a sinking dollar recently, despite expectations for several Fed rate rises this year
The world economy is expected to grow by 3.9 per cent this year and next, up from 3.7 last year, and 3.2 per cent in 2016, according to the IMF
While enjoying long-awaited global economic growth, some caution and prudence might be the best protection against bad surprises
This rise in optimism is in turn boosting confidence over business prospects
India was reclaiming its place as a growth leader
Global economic growth as a whole is forecast at 3.5 per cent this year, steady compared with a poll published three months ago
Odds are global economy as well as markets will handle rise in interest rates and end of QE, but the bull-run will surely end
A prolonged search for yield has raised the sensitivity of the financial system to market and liquidity risks
India pitched trade liberalisation and integration into the global economy as ways to spur growth in developing countries
Wages, in the main, have not reacted as might be expected
India will feature on top of the list of the fastest growing economies till 2025
Lagarde said restricting trade would be a "self-inflicted wound"
Sluggish growth, stressed financial systems and unearthed capacity created a different environment
China and its corporate debt ratios remain the Achilles heel of the global economy
Markets now put the chances the Fed will act at about 70%