Inflation in India is not because of fiscal or monetary profligacy, so there is no need to emulate aggressive rate hikes by the West. Read more »
RBI need not worry about the interest rate differential as the real policy rate in India is around (-)1.50% while that in the US is (-)5.3%. Read more »
The US has aggressively increased its benchmark interest rate because inflation is 5 times the normal level, but that is not the case for India. Read more »
NPAs of the public sector banks will increase, especially in infrastructure sector, forcing the government to recapitalise many of them through the Union Budget. Read more »
Rising crude price is the reason for high inflation, and RBI may choose to ignore this transitory phenomenon. Read more »
Budget 2022 will target twin objectives of reviving the Indian economy and gaining a firm foothold in the global economy. Read more »
Prudential regulation of cryptocurrency should be done only after identifying instruments, issuers and working mechanism of trading platforms. Read more »
All-round uncertainty may prompt the RBI monetary policy committee to retain its accommodative stance while keeping the repo rate unchanged. Read more »
The RBI and the finance ministry should take lessons from the gradual opening of capital accounts and weather the pressure to legalise cryptocurrency. Read more »
Air India sale must embolden the government to hasten its PSU privatisation and asset monetisation programmes. Read more »