Like many people, I am concerned about the impact that a number of likely political outcomes will have on economic performance. While the situation is nowhere near as dire as it was in 1991, the......
Subir Gokarn probably became the fall guy for resisting calls for interest rate cuts by the government and industry lobby groups, despite uncomfortably high inflation and/or for depreciation of......
New Delhi last week suddenly banned Chinese toy imports for six months, after the Consumer Welfare Association filed a public interest lawsuit. The body cited health concerns posed by Chinese toys,......
In an interview with the Press Trust of India on Sunday, Finance Minister P Chidambaram explained that there was no "antagonism" between his ministry and the Reserve Bank of India (RBI). Citing a......
Under normal circumstances, Interim Budgets are supposed to be non-events, merely fulfilling a constitutional requirement for Parliamentary approval of expenditures by the government until the full......
'Governments that did not respect the central bank's independence would sooner or later come to rue the day they undermined the institution,' RBI Deputy Governor Viral Acharya warned on Friday.The......