Topic: RBI

The repo rate remains at 6 per cent and the reverse repo rate at 5.75 per cent after improvement in growth numbers, due to inflationary pressures.

RBI to announce monetary policy today; interest rates tripled from 1.25 per cent to 3.2 in past 14 months, says Bhalla, a member of PM’s eco advisory panel.

Experts agree that inflationary pressure, added to the upward curve in GDP growth in Q2, could convince the RBI to maintain its current rates.

A historical analysis of inflation cycles in India suggests that average inflation tends to be higher in the last two years leading up to a Lok Sabha election.

On 8 November, 2016 the Prime Minister announced on television that 86 per cent of the money in circulation in the Indian economy stood demonetised. There are still unanswered questions about the legality of the entire exercise and even the process followed to arrive at the decision.

Demonetisation was a courageous policy decision fraught with high risks. The purported objectives of the decision were to eliminate fake currency, weed out black money, and address tax evasion. Later, digitisation of the economy was also added to the list of objectives. How has demonetisation fared on these objectives?

One year later, it is clear that the economic upside to demonetisation—if there is one—is a long-term proposition. How the government is going to ensure long-term gains is still unclear.

Exactly a year ago, Prime Minister Narendra Modi announced an ambitious but enormously disruptive decision to invalidate Rs 1000 and Rs 500 notes, ostensibly...

Demonetisation was the first major formal recognition by the Government of India that the issue of black money needs to be tackled decisively. What has India gained and lost from demonetization and what are the lessons learnt?

The RBI Wednesday released the September 2017 (Q2) round of the consumer confidence survey (CCS). Key takeaways:  The survey reflects deterioration in consumer sentiments...