Rajeev Malik

Articles By Rajeev Malik

7 Articles

Monetary policy: More questions than answers

The Reserve Bank of India remains unduly optimistic in its growth outlook, despite the glacial pace of inadequate revisions to its growth forecast in recent meetings

Last week, India’s MPC cut the repo rate for the fourth consecutive time since the seasoned and effective bureaucrat Shaktikanta Das took over as Governor in December 2018. (Illustration: rohnit phore) News

Modi 2.0: Avoid policy adventurism, script economic rise

That should pave the way for a 25bps cut in the repo rate, preferably in June than August. Beyond the anticipated rate cut, the MPC would need to see downward revision in the 1-year ahead inflation forecast to ease again.

Opinion News

Economy needs stimulus; RBI should step up with a 50 bps rate cut

The anticipated hit to India’s growth from global headwinds is unlikely to be offset by domestic demand, hence the need to stimulate domestic demand via monetary action.

Opinion News

Double Whammy: No space for government on fiscal front; RBI too has limited space for monetary easing

The oddity of the latest unexpected—but also narrowly based—jump in rural core inflation despite the pronounced agrarian/rural weakness also warrants an explanation.

Opinion News

Column: On the wrong path

Significant decline in CPI inflation—not creative inflation metrics—needed for lower real interest rates

Column: On the wrong path

Column: RBI policy needs a reality-check

The central bank appears to doubt the government’s commitment to limit the inflation impact of a monsoon deficit

Column: RBI policy needs a reality-check

Column: Deciphering RBI

RBI should explain its delayed and asymmetric outburst about the chronically poor monetary transmission

Column: Deciphering RBI