In Sri Lanka, food inflation has soared to 25.7 per cent with the prices of essentials, including milk, skyrocketing
The current monetary policy framework, executed with textbook precision, will not meet the goal of both inflation targeting and growth
Urjit Patel is the first macroeconomist to take charge of RBI in over a decade. While there is no crisis, he faces challenges of a different kind
They don't think we can achieve price stability. But they said the same of self rule
Beyond the magic figure of 7.6 lies the bigger challenge for the Modi Government
The conjuror of this illusion, of course, is what we call ‘inflation’. And while American policymakers have managed to quell it, in India it still moves in mysterious ways