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...
April 26, 2020
Templeton shock and eerie silence of the Sarkar
In this article, Shankkar Aiyar discusses the need for a policy response to address the crisis in the savings sector. The discussion comes in the wake of the recent announcement by one of India's largest mutual funds to wind up six of their credit ...
July 24, 2019
The rationale of the central bank’s mandate on inflation
The debate that should begin is whether RBI’s current mandate should continue after 2021 or there is a case for a fresh look.
July 10, 2019
Opinion | A close examination of Indian financial and business cycles
In this article, Niranjan Rajadhyaksha takes a closer look at financial and business cycles in India. He analyses the policy implications of India's 12-year financial cycle, compared to the typical 5-year business cycle....
March 27, 2019
Is it time for India’s own version of the US Fed’s Operation Twist?
In this Mint article, Niranjan Rajadhyaksha, Research Director and Senior Fellow at IDFC Institute, examines if it is time for India's own version of US inspired Operation Twist, which involves selling short-term bonds and buying long-range securi...
March 13, 2019
The confusing message from the India bond market
Should RBI explicitly signal its broad market intervention strategy to reduce uncertainty in the bond market?
December 13, 2018
India -- retreat of liberal economics
New central bank chief will likely bring less independence and more obedience to Modi's policy demands.
December 12, 2018
What the Urjit Patel resignation episode tells us
The Urjit Patel resignation episode is by itself not going to change India’s economic trajectory.
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 26, 2018
Use RBI surplus for sovereign fund
The crux of the matter is who will cough up the cost of clearing the swamp in the financial sector to prevent a systemic crisis.