Capital Controls for Stemming Rupee Devaluation and Economic Glide The Reserve Bank of India (RBI) imposed partial capital control on companies and individuals investing in the global economy as a means that could help stabilize the rupee a bit and help the sagging economy. Experts indicate that the Overseas Direct Investment (ODI), which was started about two decades ago as part of the liberalization, will be strongly affected. Companies will not be able to buy assets overseas. Remittances above $75,000 per year for these type purchases are not allowed and permission is mandatory if more is required. The government sees these as short-term temporary measures and will eliminate the curbs when the rupee is stabilized. $1.2 billion was r...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.