RBI's plan to attract foreign currency: how much of it could FCNR deposits really expect to lure?

New Delhi, June 11 -- India's foreign exchange position has not looked vulnerable lately. This found emphasis in the Reserve Bank of India's (RBI) monetary policy statement last week, which noted that... Read More

An apt policy: RBI may tighten credit later but its current focus is on attracting flows of foreign exchange

New Delhi, June 5 -- The Reserve Bank of India's (RBI) credit policy is important not just from the point of view of the repo rate and stance, but also the commentary which goes along with it on the s... Read More

Adverse trade-offs: India's monetary and fiscal policymakers face a tough task ahead

New Delhi, May 21 -- Policy formulation will see challenges mount in 2026-27 as the effects of the West Asia war unsettle India's growth picture. The high price of oil has exposed its vulnerability, w... Read More

Celebrate the influence of affluence: it keeps the economy humming through good times and bad

New Delhi, May 10 -- A kilo of apples at Nature's Basket, a retail chain associated with well-off shoppers, costs Rs.499. At a modest local vendor, these would cost Rs.200-250 per kg. Admittedly, thei... Read More

Inflation expectations: What are these and do they really play a role in India's economy?

New Delhi, April 19 -- Economists often talk of 'inflationary expectations' and one may be left wondering what these mean. In essence, the argument goes that present inflation is not relevant as this ... Read More

RBI's pile-up of government bonds is extraordinary but could it help build infrastructure?

New Delhi, March 23 -- The Reserve Bank of India's (RBI) balance sheet shows that the amount of government paper (including treasury bills) held as on 28 February was Rs.21.34 trillion. It was Rs.15.5... Read More