The first MPC has ended its term and the inflation target has to be reset in April 2021. In this context, Niranjan Rajadhyaksha raises three questions about the road ahead for the Indian monetary policy framework....

Is India facing a supply or a demand shock right now? Unpacking this question is at the heart of understanding India's inflation. Niranjan Rajadhyaksha writes in his column for Mint...

Given the economic slump, it should review whether its neutral real interest rate and inflation target need to be recalibrated.

The debate that should begin is whether RBI’s current mandate should continue after 2021 or there is a case for a fresh look.

Swanand Kelkar of Morgan Stanley Investment Management quotes Research Director and Senior Fellow, Niranjan Rajadhyaksha's recent paper on India's macroeconomic environment.

India works within an implicit '2-4-6-8' macro economic framework. What is that framework and does it now need to be reviewed?

This is an opportune time to revisit the 2-4-6-8 framework that sets economic targets for achieving sustained high growth.

There is a need to take a fresh look at India's macro policy playbook. This paper presents five sets of policy recommendations that can help raise potential growth without putting economic stability at risk.

India has contained inflation in recent years, but it is risky to say that it has decisively won the battle

Managing relative price of food in terms of industrial goods will be one of the biggest policy challenges for the government.