RBI
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By Himadri Bhattacharya |
A narrow direct-tax base, a retrograde direct-indirect tax structure, widespread tax evasion, complex tax rules, an…
By Ajit Ranade |
The comparison with Pokhran can only be stretched so far. Unlike the Pokhran test, demonetisation has affected each and…
The problems of weak balance sheet and weak capital base are the result of inefficiency and mismanagement of the PSU…
By Ajit Ranade |
The others, including foreign shareholders too must put in funds. At what price will they be given this chance? Did…
The RBI has been unable to exert itself on a crucial parameter, even when that crucial parameter impacts the way the…
In the above context, what matters is not really the reduction in the policy rate, which is a signal to the banking…
By Himadri Bhattacharya |
MPC's decision to maintain status quo is a reflection of its mandate to steer the inflation trajectory closer to 4…
By Usha Thorat |
As inflation had increased by two percentage points since the last policy -although below the target of four per cent –…
By Ajit Ranade |
There is a lot to do on reforms in the process of clearances, dispute settlement, getting credit and taxation. Also,…
By Himadri Bhattacharya |
Neither RBI's annual reports nor the six-monthly reports on forex reserves disclose any useful information on…
If one accepts IIM-A surveys, then the pressure is on the RBI to prove that its surveys are better. This is a technical…
It is not inflation control per se which is important but the anchoring of inflation expectations when it comes to…
By Ajit Ranade |
In the meantime, spare a thought for the depositor. Her return on savings is now merely 3.5 percent. Don’t ask her to…
By Usha Thorat |
It is to be expected that RBI will focus more on ensuring durable inflation closer to the target level as that is what…
The obsession with GDP growth is despite the fact that the number is not easily relatable to anything the citizen feels…