Acharya’s propositions strongly reflect the tumultuous period (2017 to 2019) for the Indian financial sector when he served as a deputy governor. This phase was marked…
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Death happens to everyone; but except in about 10% people where death comes suddenly, it happens with a slowly progressive Illness which allows for some healing of the…
By Ranjit K Pattnaik |
The monetary policy and associated statements and documents announced on Thursday (Aug. 06) unfold uncertainties that can’t be modelled, upsides risks to inflation and…
By Himadri Bhattacharya |
Despite some notable contrarian opinions in this regard, a majority of the analysts and market participants believed that the MPC would keep the policy rate unchanged at…
By Jagdish Rattanani |
A 22-kilogram silver brick marks the symbolic laying of the foundations of what we are promised will be a grand temple to Lord Ram at the spot in Ayodhya where the…
By Ajit Ranade |
This past week saw the near simultaneous publication of two books by senior former Central bankers. Former RBI Governor Urjit Patel published his book called “Overdraft…
By Usha Thorat |
Viral Acharya argues that fiscal dominance provides the basis for a “theory of everything” that impacts financial stability in the domain of the Central bank.
By Sudarshan Iyengar |
The New Education Policy announced after 34 years claims to make way for large scale transformational reforms in education on the foundational pillars of access, equity…
By Ranjit K Pattnaik |
The Indian economy was already amidst a considerable slowdown in the pre-COVID-19 period. For example, the fiscal 2019-20 GDP growth rate was recorded at 4.2 per cent…
By Arun Maira |
It is widely accepted that the Post Covid world will not be the same. The disruptions in economies have been so severe that it cannot be.
By Jagdish Rattanani |
It is not difficult to see that the economy is in bad shape. Most Indians know this, experience it and can feel it in their bones. In a way, all reference points have…
By Ajit Ranade |
The pandemic has caused the world to go into a deep recession this year. India is no exception. The Indian economy will shrink by about six percent this financial year.
There is much to criticise the ICMR for its recent diktat to deliver a vaccine for COVID-19 caused by SARS-Cov-2, by Independence Day, August 15. The direction is so…
By Himadri Bhattacharya |
Much has already been written on the objectives of the Belt Road Initiative (BRI) from the Chinese viewpoint. They range from providing game-changing geostrategic…
By Ishwar Gilada |
The Indian Council of Medical Research (ICMR) Director General Dr. Balram Bhargava, who is a cardiologist, has issued a Demi-Official (DO) letter dated July 2, 2020…