In its third bi-monthly review of monetary policy for 2017-18, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) did precisely what
Category: Economy
Expert views: RBI cuts repo rate to more than 6-1/2 year low | Business Standard–03.08.2017
The Reserve Bank of India cut its policy rate on Wednesday by 25 basis points to 6 percent, the lowest since November 2010, as slumping
Lessons of the 1990s | Business Standard Column–03.08.2017–Column by MR. Rajwade
In the last article I had argued that allowing liabilities to foreigners to grow beyond a limit can lead to financial colonisation by multilateral institutions
Empower NITI Aayog | Business Standard-03.08.2017
While Arvind Panagariya has stepped down after two-and-a-half years as the vice-chairman of the National Institute for Transforming India (NITI) Aayog, to resume his academic
[ Interest Rate ]Not making the cut | Business Line–03.08.2017
The MPC could have done much better to spur a tepid economy The Monetary Policy Committee has finally cut the overnight lending rate, or repo
The Goldilocks problem | Business Line–Former Deputy Governor–Usha Thorat–03.08.2017
What level of interest rate reduction would have been ‘just right’ for banks and the economy, is an open question Given the fall in retail
RBI’s rate cut may bring only little cheer to borrowers | Business Line–03.08.2017
Meaningful transmission may not happen as banks’ margins are already under pressure After a long pause and much clamour, the RBI finally cut its policy
Monetary Policy–RBI Circular–03-08-2017
Click to access RBI_monetary_polic_3190700a.PDF
Where do you save when bank rates dip?–Economic Times–02.08.2017
India’s biggest commercial bank, State Bank of India, has reduced savings bank deposit rates, signalling lower term deposit rates as well. The RBI is likely
Transform India: Changing Rajya Sabha presents Modi with unique opportunity to unleash reforms–Times of India–02.08.2017
Last week’s developments in Bihar coupled with results of the last round of assembly elections have significantly enhanced BJP’s influence in Rajya Sabha. Given that
GST, weak demand pulls manufacturing output down: PMI – The Financial Express–02.08.2017
An index reading of above 50 indicates an overall increase in economic activity, and below 50 an overall decrease. (Reuters) India’s manufacturing sector’s output declined
Why Arvind Panagariya couldn’t become Montek Singh Ahluwalia for NDA-2 | Business Standard–02.08.2017
nd Panagariya resigns as NITI Aayog vice-chairman NITI Aayog vice-chairman Arvind Panagariya’s move to relinquish his post might have come as a surprise to many
Savings rate cut: Decline in govt banks’ deposit share may accelerate | Business Standard–02.08.2017
The interest rate cut on savings deposits by the country’s largest bank, State Bank of India (SBI), would have a positive implication on its margins
The fifth Budget | Business Standard–02.08.2017
The National Democratic Alliance (NDA) government under Prime Minister Narendra Modi has so far presented four Union Budgets. Its fifth Budget, however, will be fundamentally
Limited lustre | Business Line–02.08.2017
The Centre shouldn’t ignore the risks from Sovereign Gold Bonds as it tries to promote them Worried about the less than enthusiastic response to recent
Godrej Consumer Products: Demand and recovery to strengthen in second quarter: Godrej Consumer Products–Economic Times–01.08.2017
Godrej Consumer ProductsBSE -2.02 % said it has seen a reasonable recovery and pick up in demand in the immediate transition period in July, a
India must guard against external financing vulnerability: IMF report – The Financial Express–01.08.2017
India needs to remain vigilant as greater reliance on debt financing and portfolio inflows could create significant external financing vulnerabilities, a recent IMF report has
Fiscal deficit at 81% of Budget Estimates in June quarter – The Financial Express–01.08.2017
Fiscal deficit in the first quarter of the current fiscal was Rs 4.42 lakh crore or 80.8 per cent of Budget Estimates for 2017-18, much
The 8% growth mirage | Business Standard–01.08.2017
The vice-chairman of the NITI Aayog, Arvind Panagariya, said last week that India was on its way to 8 per cent growth and would likely
MPC’s dilemma: Inflation down but pulses could pose a problem | Business Standard–01.08.2017
Headline inflation dipped to 1.5 per cent in June, well below the lower end of the Reserve Bank of India (RBI)’s inflation target of 4