The present dip in inflation must be sustained for many months before RBI can relax

India needs to let go of needless controls while allowing the global financial system to adapt locally

Narendra Modi says India needs tax reform; Baba Ramdev has proposed tax on bank transactions…

The RBI?s mandate-driven approach has constricted financial inclusion

Countries with explicit inflation-targetting have a better inflation record than those that lack such a framework

We need to prepare for the end of QE. Keeping inflation low is our best bet.

Success of IRFs will depend on the Rajan factor. But the old RBI mindset that mistrusts markets may come in…

Lower pressure on EM currencies offers a window to correct mistakes made in the last two months

For the new Governor, the trade-offs are difficult. Ultimately, the only instrument with RBI is interest rates

Despite the common impression, data suggests most of India Inc has in fact hedged its currency exposure

…won?t be possible as Indian authorities can?t regulate R trades in London, Dubai & Singapore

Rather than depending on external developments, India should push fuel reforms and ease capital controls

Push through the long-promised reform measures on financial markets

Indian capital controls are amongst the most complex in the world.

In a recent circular, the Reserve Bank of India (RBI) prohibited Indian entities owning foreign entities that facilitate trading in…

The Prime Minister?s Economic Advisory Council report suggests that higher GDP growth next year is achievable if government policies and…

Two of the most important committees on financial sector reform in India in recent years?the Raghuram Rajan Committee and the…

Realistic discussions about whether the Union Budget should propose to remove the securities transaction tax or introduce a commodities transaction…