raghuram rajan_right Courtesy: Dhiraj Singh/getty
6 May 2014

Decoding RBI’s policy on foreign debt

The RBI’s two-pronged strategy to protect the economy from tapering-led volatility discourages unproductive external borrowings and prods foreign portfolio debt investors to think long-term. There's another vexed issue: the IMF has sounded a cautionary note on the rising number of foreign currency debt laden Indian firms

rajrishieco Courtesy: Ravindraboopathi/Wikimedia Commons
10 April 2014

Inadequate economic manifestos

What do the manifestos of the three main parties say about India’s economic challenges – managing inflation, reviving investment growth, and handling the fiscal and current account deficits? To address the country’s serious economic slowdown, these must be the three priorities for the party that comes to power

Credit Rating Agencies Courtesy: Jeremy Edmunds/Flickr
20 March 2014

A new house for sovereign ratings

Efforts to reform credit rating agencies after the 2008 financial crisis have failed to address concerns about their ability to assess a nation’s financial status. Issues like private interests and a disregard for the diversity of development models have made it imperative to think of a new multilateral agency

ukraine1 Courtesy: Spacie/WIkimedia Commons
14 March 2014

‘Sanctions on Russia could impact India’

Neelam Deo, Director, Gateway House, talks about the potential economic impact of the ongoing crisis in the Ukraine. In this interview, she also examines the aid packages offered to Ukraine by Russia and the West, and assesses how the situation will affect India’s trade relations

Federal_Reserve_Board_Building Courtesy: Agnostic Preachers Kid/Wikimedia Commons
13 March 2014

Multi-polar world, unilateral Fed

To navigate the U.S. away from the huge monetary stimulus, the Federal Reserve has initiated tapering. But in an integrating world, the emerging economies, especially India, China and Brazil, will see collateral liquidity damage. How will the Fed enforce its mandate? How will central banks in emerging markets react?