Tags: rbi

India: Reining in the Inflationary Dragon

October 19th, 2011
in Op Ed

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by Ajay ShahFirst posted at Ajay Shah’s Blog October 15, 2011 A lot is being written about inflation in India today. I thought it's worth writing about the fascinating insights into inflation that come from focusing on the distinction between… more »

Tags: ajay shah, cpi, inflation, interest rates, rbi, reserve bank of india, trade, wpi

The Governor’s Last Hurrah

August 2nd, 2011
in Op Ed

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Despite ten successive hikes in key policy rates, spread over 18 months, the Wholesale Price Index (WPI) continued to hover above 9% p.a. RBI Governor D. Subbarao's best monetary efforts to control prices had come to a naught. Therefore, he did a repeat of the May policy action of a double whammy and increased repo rates by a stupendous half percent. more »

Tags: india, inflation, interest rates, rate hike, rbi, repo, reserve bank of india, reverse repo, subbarao, sunil chandra

Of Cows, Goats and Hens

January 27th, 2011
in Op Ed

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An increased demand for food is a new window of opportunity for recovery from The Great Recession. more »

Tags: d.subbarao, eggs, fish, food, food inflation, india, indira ghandi, inflation, meat, milk, rbi, reserve bank of india, subir gokarn, sunil chandra, the great recession