Indian economy

By: Jagdish Rattanani
Category: Common citizen, Governance, Global, RBI, India politics, Indian economy
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 attack, it over lack of transparency, poor bank supervision and of course the wonky management of... read more
By: Ajit Ranade
Category: Common citizen, Governance, Inequality, Taxes, Global, Jobs, India politics, Indian economy, Inclusive growth
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 agrarian distress is visible in many parts of the country, it is appropriate that we recollect the... read more
By: Jagdish Rattanani
Category: Common citizen, Governance, Global, Jobs, India politics, Indian economy, Inclusive growth
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, Chhattisgarh and Mizoram. There is no doubt that these are a very important set of results. They will... read more
By: Jagdish Rattanani
Category: Common citizen, Governance, Health, Inequality, Sustainability, Global, Jobs, Indian economy, Inclusive growth
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 fashion at Unilever.
By: Ranjit K Pattnaik
Category: Governance, Taxes, Global, RBI, India politics, Indian economy
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 committee is set to go into the issue of an “economic capital framework” (ECF), or the reserves... read more
By: Ranjit K Pattnaik
Category: Common citizen, Global, RBI, India politics, Indian economy
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 leadership has spoken this time on critical areas like liquidity, volatility in retail inflation, growth... read more
By: Himadri Bhattacharya
Category: Common citizen, Governance, Global, RBI, India politics, Indian economy
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%. It turned out to be not exactly a non-event although the MPC kept both the policy rate as also the... read more
By: Jagdish Rattanani
Category: Common citizen, Governance, Inequality, Taxes, China-India, Global, RBI, Jobs, India politics, Indian economy, Inclusive growth, GST
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 rates. The Minister wrote in his blog: “Data based on facts and on the best global practices is... read more
By: Ajit Ranade
Category: Common citizen, Inequality, Sustainability, Taxes, Global, RBI, Jobs, India politics, Indian economy, Inclusive 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 may spike up to a100 dollars a barrel. This was because of the impending sanctions against Iran, which... read more
By: Jagdish Rattanani
Category: Blackmoney, Common citizen, Governance, Sustainability, India politics, Indian economy, Inclusive growth
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 divert attention from the scandals that now dog the BJP and the Prime Minister. But it is to be noted... read more

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