RBI
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Weak investment demand would impede a higher growth trajectory. To top it, the predominance of consumption-led growth…
In September 2016, with an amendment to the Reserve Bank of India (RBI) Act, 1934, almost eight decades of operations…
We are here because, as the RBI Deputy Governor Viral Acharya once put it: “Original promoters – who rarely put in any…
By Himadri Bhattacharya |
A narrow direct-tax base, a retrograde direct-indirect tax structure, widespread tax evasion, complex tax rules, an…
By Ajit Ranade |
The comparison with Pokhran can only be stretched so far. Unlike the Pokhran test, demonetisation has affected each and…
The problems of weak balance sheet and weak capital base are the result of inefficiency and mismanagement of the PSU…
By Ajit Ranade |
The others, including foreign shareholders too must put in funds. At what price will they be given this chance? Did…
The RBI has been unable to exert itself on a crucial parameter, even when that crucial parameter impacts the way the…
In the above context, what matters is not really the reduction in the policy rate, which is a signal to the banking…
By Himadri Bhattacharya |
MPC's decision to maintain status quo is a reflection of its mandate to steer the inflation trajectory closer to 4…
By Usha Thorat |
As inflation had increased by two percentage points since the last policy -although below the target of four per cent –…
By Ajit Ranade |
There is a lot to do on reforms in the process of clearances, dispute settlement, getting credit and taxation. Also,…