Institutional Atrophy

Shashi Tharoor

And the decline of democracy

The Smart Money Bet

The RBI as an inflation buster could mark a new era for the rupee

Raghuram Rajan: The Hesitant Memoirist

Indian officials have always been cautious autobiographers. So is Raghuram Rajan

Banking on Irrational Expectations

A cautious RBI versus a growth-hurry Government

The Reverse Bank of India

An institution that gave up independence on the verge of winning it

On the Right Path

Modi and the marketplace—the story so far

Open Diary

Modi seems determined to change a chalta hai mindset


From paan shop to boardroom, money concentrates the mind

Open Diary

The ingenuity of money launderers, a bet won, and some observations


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