The writer is chairman of Oxus Investments, an emerging market advisory firm, and a senior advisor to Zyfin, a leading financial information company.
The most desirable monetary policy committee will be one that gives primacy, but not total control, to the RBI.
It’s very bad. It proves the adage — garbage in, garbage out.
High time the PM asked all BJP politicians to give their LPG cylinder, sorry, BCCI job, back.
If I were in Sushma Swaraj’s position, I would have acted like she did.
From available evidence, he isn’t. So where is the need for Raje and Swaraj to resign?
PM Modi should set an example by asking all BJP politicians to resign from the BCCI and its affiliated bodies
In the Modi regime, profit-making and job creation is no longer seen as dirty work.
In its first year, Modi government has undertaken a major economic restructuring. But it has also scored policy self-goals.
Going by their learned comments on farmer suicide, if the Congress had won the previous election, it would have introduced a right to happiness bill to satisfy all voters.
Pessimists on Indian growth will have to look for pastures other than the new GDP data
The documentation of the Kafkaesque Indian labour laws meant to protect the elite worker.
Cricket World Cup so far has been humdrum. But next three ‘finals’ have the potential to make this a cup to remember.
It is wrong to ban ‘India’s Daughter’, wrong to extend ambit of cow-slaughter ban, and wrong to ban extremist political organisations.
AAP should scrap free water policy for all and target poor localities, and those with no access to piped water.
What’s in the stars, and in the stats, for World Cup 2015.
Modi should not see AAP victory as having relevance only for Delhi. Kejriwal should not see it as having meaning beyond Delhi.
The miraculous 2013-14 growth has essentially come from artificially lowering the numbers for 2012-13.
Here’s an early forecast: It’s advantage BJP.
Most forecasts of repo rate cuts needed in India this year seem to be out of sync with the underlying trend of inflation and growth in India and the world.
Most expert views in India are in fact an ex-post opinion for every ex-ante fact.
It cannot be accounted for by the oil price decrease, or that in the prices of metals, or food.
‘Achhe din’ are coming for the world economy starting today.
The important has been replaced by the irrelevant, a consequence of BJP/ RSS distractions on non-policy issues
Because, for too long, the government and economists have only played at helping the poor
It’s time for Modi to be the Modi the Indian electorate voted for.
If Paul Volcker were RBI governor, he would cut rates aggressively — starting today
There is little evidence that inflation targeting helps reduce inflation — but it helps checkmate irresponsible politicians.
Delay in cutting interest rates would imply that the RBI is looking to bet on a horse after it has won the race.
No matter what in-the-name-of-the-poor scheme you cook up, the poor get less than 15 per cent
It is incumbent on experts, policymakers to construct models that stand up to the tests of reality
It is better to show higher world poverty by raising the poverty line than to distort history by using obsolete and questionable data
A resurgence in inflation is a low probability event. Given low GDP growth, why is the RBI acting so coy about cutting repo rates?
A rose by any other name is still a rose; an illogical act by any other name is still an illogical act.
If supply-side problems are the major ailment, why not cut rates — since monetary policy can affect output without affecting inflation
It plays no role in the rise and fall of inflation. RBI must junk its inflation expectations survey before it causes more damage to its reputation
Is passionate excess all there is to the criticism that the Indian cricket captain faces today?
Through two broad chapters on the investigation and the trial, Avirook Sen presents how the Talwars were hit with a double whammy: a shoddy and insensitive investigation by the UP Police and the CBI and what Sen believed was a premeditated judgment.