The rupee fell 67 paise to a record closing low of 61.10 to a dollar on Friday despite a series of steps taken by the…
The mature Mamata Banerjee
West Bengal chief minister Mamata Banerjee’s first interface with Mumbai media on Thursday was a rather tame affair for those who were expecting drama, traditionally…
US Fed will dictate India’s monetary policy
It’s now official: US Federal Reserve chairman Ben Bernanke will decide on the trajectory of monetary policy in India. In fiscal 2013, the Reserve Bank…
RBI may not hint at when it will roll back rupee measures
It is fairly certain that Tuesday’s monetary policy review, the last before the Reserve Bank of India (RBI) governor D. Subbarao steps down in September,…
Pratip Chaudhuri ko gussa kyoon aata hai?
State Bank of India(SBI) chairman Pratip Chaudhuri’s outburst in Kolkata on Wednesday against the Reserve Bank of India’s (RBI’s) latest liquidity tightening measures is unprecedented….
Has RBI really tightened gold import norms?
Has the Reserve Bank of India (RBI) tightened norms for gold imports to ease the pressure on the widening current account deficit? Or, has it…
Adding teeth to Sebi’s powers
India’s capital market regulator is now one of the most powerful such watchdogs in the world. The government’s silver jubilee gift to the Securities and…
A rate hike by stealth but measures are temporary
The Monday late evening Reserve Bank of India (RBI) action is nothing but a rate hike by stealth, that too by a whopping 3 percentage…