All six members of the monetary policy committee stated that food deflation was a surprising development, which made headline retail inflation undershoot previous RBI forecasts
2 min read20 Dec 2018India has been able to narrow the inflation differential with other emerging markets over the past few years since RBI's monetary policy committee (MPC) was formed
3 min read17 Dec 2018The anchoring of inflation expectations depends upon a number of factors such as the credibility and independence of the central bank
4 min read31 Oct 2018We should be sanguine about the future prospects for inflation in India in the near to medium term, and there is every reason to credit the inflation targeting regime for this success
4 min read22 Oct 2018The initial success of flexible inflation targeting by RBI's monetary policy committee is undoubtedly welcome, but the acid test lies ahead
4 min read17 Oct 2018While the government may dismiss it as a political reaction which will subside in due course, the inflation numbers suggest structural problems in the economy, unlikely to be resolved in the short run
3 min read24 Sep 2018There will be more rate hikes. How many and when are anybody's guess at this point in time
3 min read6 Aug 2018What the market needs is a consistent tone that indicates RBI's judgement on inflation and growth. What the markets needs most is forecasts that are not written on sand
2 min read5 Jun 2018A rate hike decision at RBI's monetary policy meeting this week could very well rest on governor Urjit Patel's casting vote
3 min read6 Jun 2018India has seen a sharp improvement in its inflation dynamic after Reserve Bank of India's monetary policy committee adopted the flexible inflation-targeting framework
4 min read30 May 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared