What led to the gold's boom and crash

The gold market is not transparent, with an air of cloak and dagger about it, notes Alok Sheel. The steep rise and fall in gold prices in the recent past is quite dramatic, and reminiscent of the......

Covid impact: Economy unlikely to see double-digit growth in FY22

Barclays has pegged growth at 7.7 per cent in a bear-case scenario, if the country is hit by a third wave of the pandemic. India’s economy is unlikely to see double-digit growth and may grow......

The Poverty Puzzle

There's no silver bullet to get rid of poverty, says Alok Sheel.Illustration: Uttam Ghosh/Rediff.com   The 2019 Nobel Prize in economics has been jointly awarded to Abhijit Banerjee, Esther......

RBI and the crisis of central banking

There are attempts to reconfigure the RBI's policy formulation processes. But it would need much more than monetary policy to revive animal spirits, notes Alok Sheel. The hyperinflationary 1970s......