INDIA
Policy | RBI’s functioning requires more clarity
Central bankers across the world, including the RBI, suffer from a lack of clarity when it comes to appointments. This must change, and the governments can help in bringing in much-needed transparency
ECONOMY
The Money Helicopters are on their way
We are living in surreal times where all kinds of ideas thought to be beyond the pale are actually getting implemented
TECHNOLOGY
COVID-19 | What if a digital virus hits our payment systems?
Just like the SARS-CoV-2 virus has infected and paralysed human lives, a computer virus can disrupt and paralyse the digital system.
BUSINESS
Could Modern Monetary Theory rescue us from the Covid-19 economic crisis?
The crisis has led to the usual discussion on whether one should use monetary policy or fiscal policy to ease it.
INDIA
Yes Bank | Why is a Financial Redressal Agency missing when it is needed most?
One is really surprised how Yes Bank’s AT1 Bonds made way to retail investors. These bonds are highly complex instruments and even financial experts will struggle to explain the mechanics of the bond.
BUSINESS
Give RBI Governors a longer fixed non-renewable and non-dismissible tenure
The Supreme Court has said the relatively short tenure of RBI Governors fixed by the central government undermines their independence
BUSINESS
Crypto ban | How RBI lost the match in the last over
With the Supreme Court striking down the RBI order banning virtual currencies, it’s time for the digital payments and virtual currency businesses to start working together
ECONOMY
Future of central banks: Do all roads lead to Federal Reserve?
It’s interesting to note that central banks are reviewing and changing their objectives to resemble the Fed, apart from following the top US banking body in terms of policy action
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.
