A paper by ex RBI official says dominance of 'Top-5' firms lets them excessively raise prices, but analysis of metal sector shows it's down to raw material costs, global inflation, etc.
In a paper, Raghuram Rajan & Viral Acharya have termed the recent recommendation of an RBI internal working group on allowing corporates into banking a ‘bombshell’.
Loan losses from the pandemic may be too huge for the government to pay, says a new paper authored by the former RBI governor and former RBI deputy governor.
Viral Acharya, in an interview with ThePrint, says his and Urjit Patel’s dissent, resistance and exits from RBI limited the damage that could have been inflicted on financial stability.
In his book, Quest for Restoring Financial Stability in India, the ex RBI deputy governor lists the ongoing challenges to RBI’s independence and how markets can ensure it.
The country is the loser when top-flight economists leave, especially when growth has slowed and there are macro-economic challenges in every direction.
MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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