Economic growth forecasts for the current year (2013-14) by official and non-official agencies have started coming in at regular intervals. On May 3, the Reserve Bank of India (RBI), in its annual... »

The significance of the Reserve Bank of India’s (RBI’s) annual credit policy statement lies not merely in its being the first for fiscal 2013-14. Until a few years ago, the annual policy statement,... »

The G20, comprising the world’s leading economies, met in Washington recently alongside the semi-annual International Monetary Fund (IMF)-World Bank meetings of finance ministers. During the econo... »

The Saradha group’s spectacular failure has inflicted severe pain not only on its gullible depositors and agents but in a real sense on India’s financial regulators and the State government as well... »

After a long, long time, there is some favourable news on the economy. The International Monetary Fund (IMF), in the latest edition of its flagship publication — World Economic Outlook — says that... »

The news of India’s current... »

A bail-out package for Cyprus, cobbled together on Monday last by officials of 17 eurozone countries that use the common currency, euro, has brought the spotlight back on the euro crisis, which, fo... »

The latest credit policy statement of the Reserve Bank of India (RBI) for the current financial year was devoid of any surprises. A 25 basis point reduction in the policy repo rate to 7.5 per cent... »