A focus on core rather than headline inflation goes against the Reserve Bank of India's inflation-targeting mandate. This is likely to cost the country dearly. Perhaps the MPC needs a reminder of the advice given by one former RBI governor to another.
4 min read5 Aug 2026Governor Sanjay Malhotra said $40.8 billion in rapid dollar inflows have fortified external buffers, boosting confidence in the rupee and expanding the FY27 balance of payments outlook.
4 min read5 Aug 2026RBI MPC Meeting 2026 Highlights: RBI MPC decided to keep the policy repo rate unchanged at 5.25% and maintain a ‘neutral’ stance.
33 min read5 Aug 2026Data on India’s economy shows that its growth versus inflation trade-off has been shifting inexorably this fiscal year. The central bank’s Monetary Policy Committee should act fast—before it gets too late.
2 min read3 Aug 2026August will bring various financial updates for consumers, including changes in banking rules, credit card regulations, and the implementation of CKYC 2.0. Key deadlines include the income tax return filing due by August 31. Full list here.
2 min read1 Aug 2026While calm bond yields are usually reassuring, in India's case it masks growing household debt. Domestic credit demand has grown uncomfortably, while inequality helps keep a lid on interest rates. Here’s what public policy could do.
4 min read13 Jul 2026It’s a well formulated scheme. The central bank will cover the exchange risk that banks otherwise bear if they hold NRIs’ dollar deposits, even if their rates are capped while debt yields abroad are high. Could the yen carry trade help?
4 min read11 Jun 2026In a rare departure from the usual, the rate-setting panel's resolution announced on Friday not only overlooked inflation as a major risk, it was overshadowed by RBI governor Sanjay Malhotra's statement and an effort to attract foreign inflows.
4 min read7 Jun 2026RBI MPC Meeting 2026 Highlights: RBI lowered its growth projections for FY27 to 6.6% from 6.9% earlier. The central bank also raised India’s CPI inflation projections for FY27 to 5.1% from 4.6% earlier.
25 min read5 Jun 2026On June 1, the Nifty 50 traded at 23,516.50, down 0.13%, amid investor caution and foreign fund outflows. Support is seen at 23,500, with market analysts suggesting that maintaining this level is crucial for stability as attention shifts to geopolitical factors and upcoming monetary policy.
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