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    • RBI hires outside talent to boost market nous

      Since taking the helm in late 2013, RBI Governor Raghuram Rajan has set out to bring fresh ideas to the conservative institution and has eyed recruiting more specialists from outside, but they have been few and far between.

    • Interim Budget: 'FY15 revenue target challenging; see yields at 8.6-8.9%'

      Leif Eskesen, Chief Economist -India & ASEAN at HSBC says even the government's own underlying assumptions for nominal gross domestic product (GDP) growth is quite low - around 11-12 percent, while the nominal tax revenue growth expectations are buoyant, which will make it difficult to achieve some of the revenue targets.

    • Monetary policy rejig: Tough to achieve?

      The multi indicator approach required the monetary policy to be set on the basis of growth targets as well as inflation targets though predominantly inflation targets.

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