It is not that everything the Reserve Bank of India has done or is doing is right. There is a lot to be said about the way in which the central bank has functioned and it is fair to criticise, even...
This December 12 is the third death anniversary of Sharad Joshi, founder of the Shetkari Sanghatana, the farmers’ organisation. At a time when lakhs of farmers are marching into the capital, and...
This column appears on the morning a lot of us will be glued to our television screens, watching the results of elections to the Assemblies of the States of Madhya Pradesh, Rajasthan, Telangana,...
Fund managers and shareholders work with a different agenda governed more by higher profits and rising stock prices in the near term, not necessarily the long-term view that Polman brought into...
If the American national, John Allen Chau, has been killed in the North Sentinel island, in the Andaman and Nicobar Islands, as alleged, then it is indeed tragic. A young person in his twenties did...
The RBI Governor Urjit Patel has reiterated before a Parliamentary panel the central bank’s well-known position that its reserves are "for periods of stress and not for meeting normal needs." A...
The penultimate monetary policy for fiscal 2018-19 has maintained status quo on the policy repo rate at 6.5 per cent but what stands out is the clarity with which the MPC resolution and the RBI...
The fifth bi-monthly meeting of the MPC of the RBI in the current fiscal was billed to be a non-event since just about everyone was certain that the policy repo rate would be kept unchanged at 6.50...
In his own strident way, never giving an inch and always straining to milk dry the argument for his side, Finance Minister Arun Jaitley has summed up the frivolousness of the debate on GDP growth...
The inflation reported for the month of October was 3.1 per cent, the lowest in the last one year. This was a big relief, because just one month ago, there were fears that international oil prices...
When UPA-II under Dr. Singh lost to Narendra Modi’s BJP, Dr. Singh lost only his job but it was the Congress that lost everything. This is not to say the Congress did not deserve it, nor is it to...
The crucial Nov.19 board meeting of the RBI, which threatened at one point to be an eyeball-to-eyeball confrontation, has passed without any fireworks and that in itself is some good news. At an...
The institutional autonomy and independence of the RBI is very important for its credibility and reputation. The latter is a precious and fragile thing, and needs to be protected and preserved. But...
We see an unending bout of meaningless growling that sucks out all energy from public debate, reducing everyday conversations to confrontations that are ugly, loud and can only turn away people from...
Do celebrities have proprietary rights over a country and should they use the love of their fans and the popularity of their game to spread messages that ratchet up ultra- patriotism? Virat Kohli has...
The midterm elections in the United States are a significant barometer of the voters’ perception on the President’s performance. They occur exactly at the mid-point of the four-year term and hence...
Over the last few years, there have been demands for the use of the RBI’s internal reserves for fiscal purposes, like recapitalisation of PSBs and higher dividend payments to the government. The...
This is the season of the RBI being looked at and studied threadbare as the central bank hits the headlines like never before. The one good thing about the current crisis is that there is an attempt...
