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Monday, December 8, 2014

Understanding inflation targeting

Inflation targeting re-emphasises the primacy of price stability as the objective of monetary policy. Given the rigidities in the economy and lags in policy impact, it must be operated with flexibility »
More on money and monetary policy AND: central bankeconomy (general)macro economics
Sunday, December 7, 2014

Growth prospects brighten

A scheduled data release on economic growth and an RBI’s bi-monthly monetary review are not particularly upbeat on their implications for the macroeconomy. Yet, neither a lower GDP growth estimate... »
More on money and monetary policy AND: central bankeconomy (general)
Mumbai, Wednesday, December 3, 2014

RBI doubles pre-paid card limit to Rs. 1 lakh

Relaxing norms for Pre-paid Payment Instruments (PPI), the Reserve Bank on Wednesday doubled the card limit to Rs. 1 lakh. “The limit of PPI... has now been enhanced from Rs. 50,000 to R... »

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