Change of guard at RBI: Urjit Patel's tenure begins

There was no word on whether or when Patel would be talking to the media about his priorities and plan of action as head of Mint Street In a low-key affair, Urjit Patel has begun his innings as......

The dangers of 'tolerable' inflation

Since the Chakravarty Committee’s report was accepted, the ‘tolerable rate’ has become five per cent and there has even been talk among the policy makers of a ‘new......

Raghuram Rajan unveils big initial package, promises more

New RBI Governor Raghuram Rajan on Wednesday came out with a slew of measures, including more trade settlement in rupees to rescue the battered financial markets and hinted at a shift in focus......

Should market experts be part of RBI's MPC?

'Three external members of the first MPC are respected researchers with excellent academic background, but there is no harm in considering academicians with diverse backgrounds such as finance and......