ECONOMY
Is RBI undermining its MPC by using unconventional tools like OT and LTRO?
In the case of other central banks which implemented OT or LTRO kind of operations, these decisions were taken by the main interest rate body.
MARKETS
More retail investors in govt bonds: A dream too far
Governments are criticised for using institutions as captive source of financing deficits and retail participation will mitigate this criticism.
BUDGET
Budget 2020 | Income tax changes should pass the nudge smell test fully
According to Nobel Laureate Richard Thaler, people are unable to make the right choice and one should actually nudge them to a default choice which makes it easier for the consumer
MARKETS
Robert Engle, and the web of geopolitical and systemic risks
Academicians in economics are often attacked for not really focusing on the current economic problems. Engle does not belong to the list.
ENVIRONMENT
Central bankers in climate change policy teams: Good or bad?
There is a growing herd of central bankers all across the world who are speaking on the challenges climate will pose to their respective economies
ECONOMY
Government under fiscal pressure: WMA trend suggests so
The frequency with which RBI is advancing loans to the Centre is a reminder that public finances need to be set right at the earliest
ECONOMY
25 years of WTO: Why Keynes would be a worried man!
The celebrated economist, according to a historian, would have turned in his grave, given the turbulence in world trade today
ECONOMY
Time for RBI to simplify its reports and research
From use of more visuals to videos and blogs, India’s central bank can better explain seemingly complex ideas to a wider audience. Its peers have shown the way
ECONOMY
Can RBI afford to play a ‘T20 match’ in 2020? No
Will RBI continue to experiment in monetary policy in 2020?
BUSINESS
Welcome to the new World of RBI Monetary Policy: Operation Twist!
There are precedents for Operation Twist in the US and in Japan
CRYPTOCURRENCY
From Bitcoin to Saga: The four waves of digital currencies
Both Bitcoin and Libra took shape to challenge governments, but Saga wants to work with them
ECONOMY
Can fiscal policy save the economy? Many think so
Fiscal policy has come to centre of the macroeconomics world, which has long been dominated by monetary policy
INDIA
Shaktikanta Das @1: An eventful year, but questions swirl
The appointment of a generalist at the helm of a central bank is not limited to India, but has become a trend across central banks
ECONOMY
RIP Paul Volcker: Till there is macroeconomics, you will be remembered
Thanks to this legendary former Fed chair, US inflation was tamed and has remained so ever since
ECONOMY
Who will be the king of digital currency? Bets are off
From a hands-off approach to a gradual embrace, central banks are fighting a pitched battle to assert their digital monetary supremacy
INDIA
Banking | Should RBI have a Deputy Governor based outside Mumbai?
As the RBI looks to appoint its fourth Deputy Governor, it might not be a bad idea to look at some of the appointment ideas coming from New Zealand’s central bank.
POLICY
Regulation and supervision: RBI hits the nail on the head
The era of silo approach to regulation is long over and the team needs to look at regulation and supervision in a comprehensive manner
ECONOMY
Forget Greenspan standard; Draghi sets a new normal
Draghi and the ECB did a fine job in saving the Eurozone from disaster when few expected the central bank could do the job
CURRENT-AFFAIRS-TRENDS
Economics Nobel – Hail the trio, but the real party can wait!
One hopes that in future, the Nobel committee expands the scope of the prize to scholars and researchers outside the standard choices
TECHNOLOGY
Machine learning in economics: Should economists worry?
It is a good time for those with a computer science background to think of a career in economics!
ECONOMY
Agri finance: Another year, another panel. Will things change?
A new working group suggests a raft of measures to improve agri credit. Sadly, the previous results do not inspire confidence
ECONOMY
Housing securitisation in India – Build it block by block!
A market-based financial system is always welcome, but India would do well not to lose sight of the 2008 crisis
ECONOMY
Policy | Fighting bad loans? A shift to markets from banks holds the cue
Financial intermediaries can bear risks for a longer duration than banks and generate higher returns
ECONOMY
Jalan Committee: A case of both glass half-full and half-empty!
The Jalan panel has said interim dividends should be resorted to only in extreme cases, but the definition of extreme lies with the government
