The writer is professor of economics, Royal Bank research professor and Johal Chair, University of British Columbia, Canada
RBI has been accommodative: Just compare the real interest rate with the ‘natural’ rate
Far from curbing black money and corruption, demonetisation has disrupted the economy.
Ill-thought-out assertions about the efficacy of monetary policy can unhinge private expectations of inflation.
Kareena Kapoor Khan, Shilpa Shetty, Bhumi Pednekar: Fashion hits and misses of the week (Feb 18 – Feb 24)