Recent initiatives by the government?the postponement of GAAR, FDI in multi-brand retail, and the proposal to set up a Cabinet…
After India achieved high growth & cut customs duties, motivation for misinvoicing should have subsided. That?s not visible.
RBI?s monetary policy easing at this stage will convey that a higher inflation rate is acceptable.
The current financial regulatory system is inadequate to deal with India?s increasingly complex financial needs.
GDP growth at 5.5% for the latest quarter available suggests that the slowdown hitting India is getting well entrenched.
Finance minister P Chidambaram?s biggest challenge will be how to revive growth and investment in the economy.
Macroeconomic stabilisation has not been the basis of policymaking in India. This needs to change.
No country has seen long-term growth in an environment of high inflation, so our best bet is to focus on…
RBI?s efforts haven?t prevented the R from falling to an all-time low?they can?t, the fall is related to govt policy.
There appears a serious discrepancy between RBI?s 50 bps rate cut and its inflationary expectations.
A DMO within the banking regulator creates a perverse incentive ? the regulator can achieve low-cost funding of govt debt…
The turnaround of the rupee/dollar rate in recent weeks is seen as a consequence of successful intervention by RBI in…
Central banks in advanced countries have been held accountable for price stability.
The turmoil in global currency and stock markets has led to large movements in the rupee and it has weakened…
From the early 1990s onwards, in the so called ?Bill Clinton Expansion?, the US had a strong fiscal situation.
It?s 20 years since the liberalisation process began, but the strategy seems to have changed now.
The sharp drop in the growth rate of the IIP should be viewed with caution. The index rose by a…
Since mid-September, money markets are facing tight liquidity conditions. In September, this was said to be caused by advance tax…
