General disequilibrium

RBI’s liquidity operations show that banks have borrowed an average of over ₹125,000 crore every day under MSF for the seven days between 25 September and 1 October. (Mint)

Indian monetary policy and the fine art of acting without acting

4 min read . 08 Oct 2023

The carbon credit market has been under a cloud for a while now, allowing polluters to game the system and providing administrators space to shift the burden elsewhere.

CoP-28 is beset with problems even before it has begun

4 min read . 25 Sep 2023

A big achievement was the inclusion of the African Union (AU) as a permanent G20 member, which helps burnish India’s claim as a true representative of the Global South. (HT_PRINT)

The G20 summit is over but the hard work begins now

4 min read . 10 Sep 2023

Post the 1991 economic reforms, RBI had to re-adjust and deploy a wider range of indirect instruments and incentives, reserving the sledgehammer approach for exceptional circumstances.

Muddled incentives can muddy RBI’s monetary policy objectives

4 min read . 14 Aug 2023

The need to regulate AI has become all the more compelling after evidence emerged that the emerging technology industry lacks the capacity to self-regulate, especially when some of its members push the envelope excessively or indulge in customer-gouging.

Trust is the key element that AI regulation must not fall short of

4 min read . 31 Jul 2023

India’s G20 presidency has the responsibility to inform partners that tourism can become a business only when tourists travel.

A huge gap separates G20 tourism aims from reality

4 min read . 17 Jul 2023

There’s scant oversight of India’s oligopolistic markets

4 min read . 24 Apr 2023

Reserve Bank of India RBI building,sansad marg;17/09/2012;photo:pradeep gaur/mint

Everybody appears to love a good bout of high inflation

4 min read . 10 Apr 2023

Central banking may soon be faced with tectonic shifts

4 min read . 26 Mar 2023

Banks have RBI to extend the deadline for recasts.pradeep gaur

RBI must not downplay green central banking hassles

4 min read . 27 Feb 2023

Public sector banks accounted for ₹7.77 trillion of the total gross NPAs of the banking sector. Photo: Hemant Mishra/Mint

Everybody forgot about savings in the din over capex

4 min read . 13 Feb 2023

India must focus on health and education post-budget

4 min read . 29 Jan 2023

The Indian economy will be marked by contradictions

4 min read . 15 Jan 2023

Two panoramic uncertainties loom, both with serious consequences for India. (BLOOMBERG NEWS)

Welcome to a year that’ll be full of certainties and uncertainties

4 min read . 02 Jan 2023

An indication of future posturing by advanced nations was also available at the UN’s general assembly meeting this month. Photo: AFP

A look-back as we look forward to global cooperation

4 min read . 19 Dec 2022

Consumption is waxing and waning, failing to provide the required growth impetus. Photo: HT

GDP data has a pointer for India’s budgetary direction

4 min read . 05 Dec 2022

India will host the G20 Summit in New Delhi in September 2023. (Photo: PTI)

India is likely to push the G20 envelope on select issues

4 min read . 21 Nov 2022

The Russia-Ukraine conflagration also lit a spark under nascent inflationary trends, and the attendant bushfire now has central banks rushing to increase interest rates. Photo: Reuters

Each country will find its own toolkit to tackle ‘polycrisis’

4 min read . 07 Nov 2022

Most island nations adopted CBDCs to overcome logistical challenges of moving currency from one island in the archipelago to another and ease transaction efficiency

Geopolitics has speeded up the race to launch CBDCs

4 min read . 23 Oct 2022

A sudden change of heart can also be unconstitutional

4 min read . 09 Oct 2022