They don't think we can achieve price stability. But they said the same of self rule
Raghuram Rajan’s exit and the question of institutional independence
The widening rift between the Finance Ministry and the RBI takes a heavy toll on the economy
Whether Raghuram Rajan will hold sway over the proposed panel remains an open question. The smart money, though, is on his tipping the balance if it’s split down the middle
A new frenzy of hope grips Raisina Hill as growth gains momentum
Rajan believes that it is too early to be complacent about inflation. For him, it is too risky to cut rates now. The reality is that Rajan isn’t likely to get a more benign scenario for a rate cut