Aresh Shirali
The sforzando of Raghuram Rajan’s music is his half a percentage point rate cut, a dramatic easing of credit that could be just the stimulus India’s economy needs
The widening rift between the Finance Ministry and the RBI takes a heavy toll on the economy
Given how globalised India has got since the rupee was freed to float, turbulence was only to be expected. But it may not be such a bad idea to nudge the currency along a bit
If a large bank is unable to repay its creditors then the liquidity crunch could set off a domino chain of collapses all through the banking sector
Can Governor Raghuram Rajan crush retail inflation to 6 per cent in 22 months?
Usually, banks are keen on extra lending options when an economy is on an uptrend
It may retard an economic recovery, but halting currency speculation is critical too
Instead of WPI-linked bonds, Indian households would rather have CPI-linked securities shield them from inflation