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....

Why has India's Monetary Policy Committee erred on overestimating inflation in the last two interest rate-setting decisions?

Ajay Shah analyses the tug-of-war in the Ministry of Finance (Principal) and the Reserve Bank on India (Agent) relationship.

The RBI surveys more than 5,000 households every quarter across 18 cities and towns about their short and long-term inflation expectations. Praveen Chakravarty, Visiting Senior Fellow at IDFC Institute investigates to what extent the inflation expe...

A fundamental dysfunction mars India: individual discretion is privileged at the expense of a rule-governed institution