Much of central banking literature is focused on the need to have monetary policy rules and targets, ignoring this vital governance aspect of central banks. This needs to change
With headwinds clearing and no near term speed breakers, market have taken off ahead of the year end holidays
While Uber’s valuation is primarily linked to how well it sold its vision and growth prospects to its investors so far, its gross billing which comes from the total number of rides it completes also matters.
Elections are more about perception and the BJP government is being seen as indifferent to the farmers and to urban aspirational youth’s desire for stable salaried jobs
Patel's resignation makes it the second time since 1992 that a RBI governor did not serve out a full term. He also had the shortest tenure as RBI governor since S Venkitaramanan.
The narrow victory may have a bearing in the Congress' choice of chief minister.
The assembly election was the joker in the pack, challenging BJP’s invincibility by claiming that democracy might die of boredom of incumbency at state and national levels if the BJP wins or wins too convincingly.
The immediate issues before Das are the ones that apparently forced Urjit Patel to resign
The experimental coalition forged by the TDP and the Congress has failed the litmus test of public opinion in Telangana.
The Congress’ victory in the Hindi heartland states is a boost to Rahul Gandhi’s presidency, but its performance in Rajasthan and loss in Telangana and Mizoram shows how tough the 2019 Lok Sabha polls are going to be
A big factor in Congress’ victory is Ajit Jogi. The former Chief Minister was long suspected of sabotaging the Congress party from within.
The political economy experiment of the last four years has been dealt a body blow
For the Narendra Modi-Amit Shah combine, the message is that voters can’t be taken for granted and the electorate cares for issues such as economic growth and jobs
Mallya's extradition is the culmination of significant structural and fundamental changes by the government to prevent willful defaulters from fleeing the country.
Remember that Patel's is not an isolated case. His predecessor Raghuram Rajan had earned the ire of the same government and left because "there was no offer on the table."
RBI faces a Hobson’s choice: diluting the rules or granting more exemptions could be a loss of face; allowing Kotak to get away will leave it facing charges of favouritism.
It is imperative that India grants UK consular access to Michel, else we will be going Pakistan’s way, in Islamabad not granting India access to Kulbhushan Jadhav. We can’t do the same with the UK
While the deficit on account of petroleum, oil and lubricants (POL) went up by 58 percent from a year ago, the deficit on account of non-POL products rose by 50 percent
We have to turn to Subramanian’s columns to glean clues about his macro-economic thinking
Post the December 11 results, one person who will be watched keenly and wooed by both the BJP and the Congress, over the next few months, will be Bahujan Samaj Party (BSP) chief Mayawati
Global growth is still strong, but business confidence is the lowest it has been in two years
Raj Thackeray’s December 2 address to North Indians in Mumbai had echoes of the Shiv Sena’s protest against South Indians in the past. The MNS leader conveniently did not talk about distress migration within Maharashtra.
Tiger had stopped investing in India after it picked a series of duds but it has been the earliest big backer of India’s Internet story.
As oil prices soften, there are fears that job creation in the Middle East will decline, and India could lose some workers there.
To make the voter insecure, K Chandrashekar Rao cautioned that if the grand alliance came to power, N Chandarababu Naidu would rule Telangana from Amaravati, Andhra Pradesh’s new capital
