Inflation… Probably the most haunted word, for both, households and the policy makers. It is equally haunting for the readers/students of economy and business..! Continue reading CPI and WPI Inflation- Making sense of numbers..!
Dr Raghuram Rajan, who demitted office on Saturday leaves behind a rich legacy apart from the huge popularity he enjoyed. Even though he may be remembered as an inflation fighter – something for which he also received maximum flak – his contribution lies equally in financial sector reforms that he pushed through in most of the areas. … Continue reading The Legacy of Raghuram Rajan..
The man is in a hurry..! Dr Rajan wants to complete the agenda before he leaves RBI Governor’s office in little over a week. Guidelines released by RBI yesterday to deepen corporate bond market, government securities market, develop currency market and to help banks shore up their capital brings him closer to that goal. These measures are expected … Continue reading Boosting Corporate Bond Market..
The much anticipated rate cut did happen, apart from some other far reaching announcements. It may be worthwhile to understand the reasoning… Inflation has moved along the expected lines. While there are risks to the projection arising out of unseasonal and uncertain rains, impact of 7th pay commission on demand and consequently on prices, there … Continue reading RBI Policy – The Rationale…