The RBI has come up with an unconvincing forecast that inflation will cool down to 5.3% in the current financial year before easing to 4-4.3% by the end of the next. Read more »
All-round uncertainty may prompt the RBI monetary policy committee to retain its accommodative stance while keeping the repo rate unchanged. Read more »
Recovery of the informal, non-agricultural sector of Indian economy lagging, but will recover with an uptick in contact services like retail trade, restaurants, tourism and hospitality. Read more »
The RBI and the finance ministry should take lessons from the gradual opening of capital accounts and weather the pressure to legalise cryptocurrency. Read more »
The RBI monetary policy committee should retain the accommodative stance, but at the same time must keep an eye on asset prices. Read more »
The RBI policy must focus its efforts on the non-banking finance companies and the micro-finance sector that are under stress. Read more »
The RBI report paints a rosy picture for the Indian economy, pointing to a pick-up in manufacturing, reversal of contraction in services, and improvement in financial conditions. Read more »
RBI’s monetary policy committee may choose to ignore falling credit off-take, especially the share of private corporate sector. Read more »
The RBI monetary policy should keep interest rate, future guidance on monetary policy unchanged and ensure smooth credit flow to MSMEs. Read more »
Policy rate cuts may not address inflation as a large part of the increase in prices during the second wave of Covid-19 came from rising commodity prices. Read more »