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The Monetary Policy Committee (MPC) meeting this week comes under the shadow of the massive IL&FS default that has…
By Ranjit K Pattnaik |
The recent measures announced by the authorities may provide some short term relief but the sustainable solution to the…
By Himadri Bhattacharya |
One obvious casualty of widespread restructuring was the supervision of banks. The examiners of banks never had a clear…
By Ranjit K Pattnaik |
In analysing the situation, it is important to note that episodes of volatility are not a new phenomenon in India and…
By Arun Maira |
There was great uncertainty in 1999 about the outcome of India’s national election and concern that India’s development…
By Arun Maira |
There are great expectations about the growth in the size of the Indian economy: that it has already exceeded the size…
The annual study of State budgets released this month by the RBI comes amid important developments in the fiscal…
Eight years and 17 reports later, it is not clear if “pre-emptive” actions have worked to control some of the messes…
By Arun Maira |
The inability to ‘pick winners’ with certainty in a dynamically changing world is the principal argument of liberal…
By Usha Thorat |
Given the global conditions, Fed rate hikes, capital outflows, elevated oil price rise, closing output gap, rising…
By Himadri Bhattacharya |
MPC's unanimous decision for a rate hike that has come after a gap of more than four years took note of the…
The overall growth signals both from the demand side (consumption and investment) and supply side (agriculture,…
By Arun Maira |
The over-arching goal of a society should determine how trade must be regulated. If the over-arching goal of humanity…
By Usha Thorat |
Getting the inflation projection even nearly right is tough, especially when a huge component is food and fuel. Hence…