August 12, 2020
Questions that still hover around our monetary policy framework
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....
June 10, 2020
Opinion | The great inflation conundrum that the Indian economy faces
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...
December 04, 2019
Opinion | Time for the orchestrated use of three different economic levers
A nuanced combination of lower interest rates, fiscal expansion and a cheaper rupee could help India’s economy recover.
November 17, 2019
Moody’s and the mood of the economy
A comprehensive look at the various factors responsible for the present downturn, in the light of Moody's recent downgrade of India's outlook.
September 10, 2019
Opinion | How low can interest rates go in addressing the downturn?
In this Mint article, Niranjan Rajadhyaksha writes on how the monetary policy can be used to reduce interest rates to tackle the ongoing economic slowdown.
August 20, 2019
Opinion | Is India headed for its worst growth recession in a decade?
It is risky at this juncture to bet merely on a natural recovery. Even so, using monetary policy is the best option right now
June 28, 2019
National monetary authorities should wake up to the Libra challenge
With cryptocurrency here to stay, the big question for the authorities will be how to embrace this new means of exchange.
December 05, 2018
MPC should take rate hikes off the table
The current combination of benign inflation as well as slower economic growth means that there is no reason at all for the MPC to increase rates this week.
November 05, 2018
Eroding the functional autonomy of RBI
The government appears to wish to weaken or erode the functional (if not legal) autonomy of the RBI, by imposing its will across a range of areas
October 22, 2018
There are no viable alternatives to inflation targeting
Early evidence suggests that inflation targeting has been working in India in the few years since the inception of the new policy framework