With govt getting a say, RBI’s inflation fighting will never be the same
The new set-up will help the RBI escape from the mud-slinging from the finance ministry every time there is rate hike, but will also reduce its powers The post With govt getting a say, RBI’s inflation...
View ArticleRBI’s new role: Four reasons why Subbarao opposed inflation targeting
The role of Indian central bank in setting the monetary policy, as we know, has changed. The answer to what extent lies in the final structure of the MPC The post RBI’s new role: Four reasons why...
View ArticleDeflation or inflation? Arvind Subramanian is more right than Raghuram Rajan...
There is a case for cutting interest rates now, but even if Rajan holds back, the finance ministry can reflate the economy on its own The post Deflation or inflation? Arvind Subramanian is more right...
View ArticleUrjit Patel — Raghuram Rajan’s lieutenant in inflation battle
Urjit Patel was instrumental in reshaping India’s monetary policy targeting inflation control The post Urjit Patel — Raghuram Rajan’s lieutenant in inflation battle appeared first on Firstpost.
View ArticleForget Subramanian Swamy’s barbs, Modi has reasons to extend Rajan’s term
Modi should ensure that Rajan continues at the central bank in the larger interest of the economy The post Forget Subramanian Swamy’s barbs, Modi has reasons to extend Rajan’s term appeared first on...
View ArticleCan’t fault Raghuram Rajan for various ‘wrongs’: Arun Shourie weighs in on...
Shourie also said he will be the last person to know whether Rajan will stay or go The post Can’t fault Raghuram Rajan for various ‘wrongs’: Arun Shourie weighs in on debate appeared first on Firstpost.
View ArticleCPI inflation at 5.77% should ring alarm bells for new RBI governor
At no cost should the government dilute/ revise the inflation targeting as currently pursued by the central bank The post CPI inflation at 5.77% should ring alarm bells for new RBI governor appeared...
View ArticleGovt pegs inflation target at 4% for 5 years; economists welcome decision
Economists have welcomed the decision of the government to retain the inflation target The post Govt pegs inflation target at 4% for 5 years; economists welcome decision appeared first on Firstpost.
View ArticleInflation targeting monetary policy positive for India, says Moody’s
Moody's said an explicit inflation target can help anchor inflation expectations and hence actual inflation at moderate levels The post Inflation targeting monetary policy positive for India, says...
View ArticleAlvida na kehna: RBI staff’s emotional adieu to Raghuram Rajan in a rangoli
As S Gurumurthy tweeted, "RBI chief, not Fed or ECB chiefs can get such memorable, loving symbols" The post Alvida na kehna: RBI staff’s emotional adieu to Raghuram Rajan in a rangoli appeared first on...
View Article
