When we look at seasonally-adjusted, month-on-month CPI-based inflation, the picture is more sanguine. While the CPI is not in negative…
Recent GDP growth numbers suggest that there has been a considerable slowdown in growth. So far, a large part of…
Last week?s data on inflation said that prices rose by just about 5 per cent. In fact, this data showed…
Tracking global data on risk measurement, currency movement and interest rate differentials, Ila Patnaik argues that the post-crisis fear that…
FIIs are the most important market movers, right? Ila Patnaik shows why journalists and almost everyone else are wrong in…
The Mistry and Rajan reports have already indicated the direction in which the RBI should move. It is up to…
Net capital flows into India were positive and strong in January-March 2008. In contrast to popular perception, this was not…
Inflation is up to a shocking 11% level. At the same time, the picture on output growth is daunting. Industrial…
RBI would not have bought dollars on a massive scale from 2005 onwards. And RBI would have stepped out of…
The RBI chose to hike the cash reserve ratio by another 25 basis points in its credit policy announcement on…
Even if inflation goes down, what needs to be addressed is the larger question of how to achieve a low…
It is an unusually well-written report, and is likely to have considerable influence. The report is particularly effective in documenting…
If the global economy shifts, and signs of a US recession are only increasing by the day, it is inevitable…
Two holy cows are prominent in Indian debates about government expenditure. Capital expenditure by the government is considered desirable, even…
Falling world demand, a strong rupee and slow growth in domestic consumption demand, all converge to an argument in favour…
In its next credit policy announcement, the RBI should cut interest rates. Both the repo and reverse repo rates should…
Major developments are underway in the world economy. The long-awaited ?global rebalancing? is finally happening. As expected, this has created…
In 1993-94, India did not produce many of the items in great demand today, and so the IIP base year?s…
