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Indian Economy
Opinion  /  Published 09.08.20

Cloudy skies: RBI rate-reduction cycle

The policymakers at the Reserve Bank of India hit the pause button at their monetary policy review last week, choosing to hold interest rates after a sustained, staccato-like 250 basis point cut in th...
By The Editorial Board in

Business  /  Published 06.08.20

Inflation: RBI sees threat

The RBI has cut the repo rate by a cumulative 115 basis points this year on top of a 135-basis-point-reduction last year. Das said the MPC chose to hit the pause button to allow commercial banks to pl...
By Our Special Correspondent in Mumbai

Opinion  /  Published 06.08.20

An epiphany: India's informal sector

In a recent conversation with Rahul Gandhi, the Nobel laureate, Muhammad Yunus, stressed the importance of recognizing informal sector workers and giving them greater privileges and rights. Many of th...
By The Editorial Board in

Business  /  Published 05.08.20

Economic revival: Hole in all-is-well claim

The finance ministry on Tuesday said the economy seems to be past the worst impact of the coronavirus but the country is still not out of the woods as intermittent state lockdowns and the rising numbe...
By Our Bureau in Mumbai, New Delhi

Opinion  /  Published 04.08.20

Grim reality: A sluggish comeback for Indian economy

Sir — The claim of the governor of the Reserve Bank of India, Shaktikanta Das, that the Indian economy is recovering after the easing of the lockdown is not convincing as data from the banking s...
By The Editorial Board in

Opinion  /  Published 04.08.20

Dream big: Economics in hard times

It is not a great time to think of economics. The Covid-19 crisis has no precedent in our lifetime. The last pandemic was the influenza epidemic in 1918; the British rulers handled it so incompetently...
By Ashok V. Desai in

Business  /  Published 28.07.20

Recovery likely to be V-shaped

India will see a sharp V-shaped recovery in the third and fourth quarter of the current fiscal, but GDP in 2020-21 would ultimately contract as the coronavirus lockdown has led to serious demand and s...
By Our Special Correspondent in New Delhi

Business  /  Published 28.07.20

Viral Acharya slams RBI funding of govt deficit

Viral Acharya, the former deputy governor of the Reserve Bank of India (RBI), has warned against the central bank monetising the government’s budget deficit, citing risks to inflation and extern...
By Our Special Correspondent in Mumbai

Business  /  Published 28.07.20

Covid crisis: Firms asked to focus on five areas

Reserve Bank of India (RBI) governor Shaktikanta Das on Monday asked the private sector to step up their role in infrastructure financing as he sought to bring the attention of industry on the opportu...
By Our Special Correspondent in Mumbai

Opinion  /  Published 26.07.20

Economic stimulus: King Canute and his men

Policymakers in India appear to have lost their sagacity and their savoir faire. What on earth should one make of the statement by the chief economic adviser, Krishnamurthy Subramanian, that the ...
By The Editorial Board in


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