Rajan's dilemma: To cut or not to cut interest rates

It is not just a question of to cut or not to cut but also when to cut and when not to. The Shakespearean character Hamlet, Prince of Denmark, often provides an apt metaphor for the heads of......

Govt, RBI mustn't shut eyes to an overvalued rupee

Dr Rajan’s export pessimism, and his dismissal of the value of an undervalued currency for a country trying to export, relies on a claim that India is substantially different from East Asian......

Rajan's exit: RBI's independence is now in doubt

As the global economy sways into uncertain territories and domestic prices almost certain to rise, Raghuram Rajan's ideas would have come in handy, reports Anup Roy. IMAGE: Dr Raghuram Rajan,......

Inflation targeting: What are banks, market fretting about?

Whether inflation targeting makes sense if core consumer price inflation doesn’t respond to the interest rate, wonders Abheek Barua. Since the April monetary policy is drawing near, I thought......