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The chakravyuh of the RBI governor's job

The friction with the political class is not only about interest rates and monetary policy.While the government often spoke freely about its discomfiture, the RBI had to be careful even in its......

An RBI governor, two finance ministers and a quiet war

'Governments that did not respect the central bank's independence would sooner or later come to rue the day they undermined the institution,' RBI Deputy Governor Viral Acharya warned on Friday.The......

Chidambaram greeted all but ignored me at a G20 meet: Subbarao

The former RBI governor launched his memoir earlier this month, entitled Who Moved My Interest Rates -- Leading the Reserve Bank of India through Five Turbulent Years. Admitting that he was not......

RBI moves: Target shifts from inflation to growth

By cutting the rate at which it lends to commercial banks, the Reserve Bank of India has decisively signalled that it has moved from targeting inflation to promoting growth rate, and further cuts......

India's currency conundrum

The year 2007 was characterized by appreciating currencies across the Asia-Pacific region. Between January and November, the currencies of all the major economies in the region appreciated by......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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