October 17, 2018
The great Indian inflation puzzle
The initial success of flexible inflation targeting by RBI’s monetary policy committee is undoubtedly welcome, but the acid test lies ahead
October 08, 2018
Myths, Theories and Rupee Realities
The slide in the rupee is propelled by multiple factors
October 08, 2018
Ill winds blow on Mint Road
The appointment of S. Gurumurthy to the RBI board suggests that the government is abandoning conventional economics in favour of its putative Indic alternative
February 18, 2018
Nirav Modi Scam: The Stench of Sloth
The anger among the people is about the fact that the system was manipulated so easily by one individual to cart away crores.
September 01, 2017
RBI Data Reveals Demonetisation was the Epitome of Whimsical, Illogical Policymaking
The three problems meant to be solved through demonetisation.
August 20, 2017
Cut the Monetary Policy Committee Some Slack
Why has India's Monetary Policy Committee erred on overestimating inflation in the last two interest rate-setting decisions?
January 24, 2017
Analysing RBI's Independence
Ajay Shah analyses the tug-of-war in the Ministry of Finance (Principal) and the Reserve Bank on India (Agent) relationship.
January 16, 2017
Demonetisation Debates, Redux
A sharper, temporary liquidity crunch inflicting higher short-term costs, will likely induce greater medium- to long-term gains in the form of digitization and formalization
January 12, 2017
Urjit Patel: The Five-Year Twist
Contrary to the government’s claims, the growth in high denomination currency circulation hasn't been irregular and has risen proportionally with GDP
January 02, 2017
Demonetisation’s Hydra-Headed Critics
Vivek Dehejia responds to some of the many criticisms heaped on demonetisation