RBI monetary policy committee has kept the repo rate unchanged at 4%, the reverse repo rate at 3.35%, and the marginal standing facility rate and the bank rate at 4.25%. Read more »
Not coming up with a large fiscal stimulus was a mistake that led to a fall in economic growth rate and rise in unemployment levels. Read more »
RBI's monetary policy committee should consider a 25 basis points cut in repo rate as the economy is on the verge of Covid-19 third wave. Read more »
The monetary policy amid a major shock like the second wave of Covid-19 can afford to look through some inflationary impulses to support economic growth. Read more »
Revival in economic activity, consumer confidence will see GDP growth recovering faster in second quarter of FY22 than anticipated by forecasts. Read more »
Policy makers should focus on creating jobs, increasing real wages and boosting household incomes, rather than worrying about blips in GDP growth rate. Read more »
XBRL rollout can help decision makers such as regulators, company boards see tabled information with greater clarity. Read more »
Government, RBI must encourage out-of-court restructuring and one-time settlements under IBC insolvency regime rather than pushing the problem to future. Read more »
The Narendra Modi government must take steps such as GST deferrals, relaxation of interest payments, duty exemptions, and faster tax refunds to help businesses tide over the Covid-19 crisis. Read more »
While the government is sending out confusing signals on cryptocurrencies, currency regulator RBI has been silent for a long time. Read more »