Rate cuts

The September quarter did see companies report rather decent sales growth rates, which was the first quarter after GST came into effect from July. Photo: Ramesh Pathania/Mint

FMCG stocks signal caveat emptor

2 min read . 26 Dec 2017
There’s no doubt RBI needs to sharpen its inflation forecasting model. But the argument that it should change policy direction based on the latest announced inflation number is based on a misunderstanding of the inflation-targeting concept. Photo: Bloomberg (Bloomberg)

Inflation concerns

1 min read . 19 Nov 2017
Shinzo Abe got the Bank of Japan to handle 90% of the policy, a dynamic that’s boosted stocks but failed to offer broader economic gains. Photo: AP