Economy
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By Himadri Bhattacharya |
The MPC of the RBI caught almost everyone by surprise by keeping the policy repo rate unchanged at 6.5 per cent in its…
By Usha Thorat |
The change in stance from neutral to “calibrated tightening” also puts to rest any speculation about cut in rates and…
By Jagdish Rattanani |
The cut in prices of petrol and diesel announced today tells us just how shaky the government feels. All around are…
The Monetary Policy Committee (MPC) meeting this week comes under the shadow of the massive IL&FS default that has…
By Ajit Ranade |
September 15 this year marked the tenth anniversary of the collapse of Lehman Brothers, a century old gold standard…
By Ranjit K Pattnaik |
The recent measures announced by the authorities may provide some short term relief but the sustainable solution to the…
By Ajit Ranade |
The big news this week was on two key prices. One is the price of the almighty dollar, and the other is the price of…
By Himadri Bhattacharya |
One obvious casualty of widespread restructuring was the supervision of banks. The examiners of banks never had a clear…
By Ajit Ranade |
On August 31, it reported that India’s GDP growth rate for the April to June quarter was a solid 8.2 percent, well past…
By Ranjit K Pattnaik |
In analysing the situation, it is important to note that episodes of volatility are not a new phenomenon in India and…
By Ajit Ranade |
The floods in Kerala and the quantum of aid it needs versus what is on offer from the Centre has brought back the…
By Ajit Ranade |
In the medium to long term, the rupee will always depreciate against the dollar. The reason for this is that the rupee…
By Ajit Ranade |
The trust capital in India lags far behind the Scandinavian countries or even in East Asia. This trust deficit is the…
By Jagdish Rattanani |
The largest public sector bank and the largest private sector bank have announced losses for the first quarter (Q1) of…