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    • Montek Singh Ahluwalia on why the 1991 reforms were a watershed moment for India's economy

      Montek Singh Ahluwalia on why the 1991 reforms were a watershed moment for India's economy

      Former Planning Commission Vice-Chairman Montek Singh Ahluwalia was the Commerce Secretary when then Finance Minister Manmohan Singh presented the 1991-92 Union Budget. Soon after that, Ahluwalia moved to North Block to become the Economic Affairs Secretary and then the Finance Secretary, assisting Singh and Prime Minister PV Narasimha Rao in implementing the reforms. In an interaction with Moneycontrol’s Arup Roychoudhury, Ahluwalia reminisces about his role as part of Rao’s inner-circle of officials, the challenges they faced, and the work they had to put in.

    • September WPI inflation at 6.46% Vs 6.1% (MoM)

      September WPI inflation at 6.46% Vs 6.1% (MoM)

      The core inflation rose to 2.1 percent versus 1.9 percent (month on month). Meanwhile, July WPI was revised to 5.85 percent versus 5.79 percent (prov) earlier.

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