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.

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.

RBI has bowed to political pressure from the prime minister following heightened tensions between the central bank and the government.

The RBI cannot confuse de facto operational independence with de jure policy independence.

It may be a good idea for the BJP to dwell on policy failures and solutions before they draft the manifesto for 2019.

The specific conditions of individual countries matter when it comes to determining whether central bank capital is adequate

The Reserve Bank of India pushes back against the government’s political meddling and cronyism

The cash-strapped government is threatening to gut the RBI

The unseemly public spat between the government and RBI is bound to further undermine confidence in the economy

The debate on critical issues of governance is drowned in rhetoric of personification