Monetary Policy Normalization – A Tough Balancing Act
Central banks across the world adopted ultra-loose monetary policy over last eighteen months to spur consumption and keep the engines of economy moving. As the economies come out of the…
Welcome Back, Air India!
The sale of Air India to Tata group marks coming of a full circle for the airline. The airline was founded by JRD Tata in 1932 and was nationalised in…
Has Inflation Targeting Delivered??
The Monetary Policy Committee (MPC) completed five years of existence in September this year. The committee was mandated to maintain CPI inflation within band of 4%+-2%, called Flexible Inflation Targeting…
The ‘Bad Bank’ – Understanding the Structure
National Asset Reconstruction Company Ltd (NARCL), or the ‘Bad Bank’, finally received license from RBI yesterday, a proposal floated during the last budget. The formation of government backed NARCL is…
Understanding Rural Income Pattern
Average income level of a rural household is just about one-fifth the national per capita income as per a NSO (National Statistical Office) survey conducted during Jan-Dec’2019. More concerningly, the…