Provisioning norms in India are strictly rule-based. Being more conservative helps in withstanding crisis and enables timely corrective measures
We need more synchronisation between market understanding and RBI communication, lest we fall into the familiar trap of signal extraction
The rupee recovered strongly on Friday, with oil, the US treasury rates all retreating from their highs
A predictable inflation environment does provide a favourable foundation for economic growth and employment
The current rate hike appears to be on the back of vulnerability in the external sector
The EPFO data is a step ahead of the US payroll counterpart that gives out numbers only according to industry and not states
Theories juxtaposed with big data will give birth to a new generation of policy-relevant models
Even if we assume formalisation pushed up the formal employment, can we deny we were under-reporting such payroll data earlier?
The Bill, in its current form, is almost equivalent to the Deposit Insurance and Credit Guarantee Corporation Act
The moral of the story: Banks are often blamed for incomplete monetary policy transmissions!
The government has been pushing banks to install more PoS machines, but there is a question of viability of the entire business
GVA decline can be due to late impact of demonetisation and destocking activities undertaken pre-GST
The committee should take ground realities into consideration and choose the best way forward
RBI publishes the number of currency notes printed of different denominations in its annual report
The agriculture sector has also received specific focus in the Budget