The shift in RBI stance on Inflation

Friday, October 7th, 2016

The new reserve bank governor and the monetary policy committee (MPC) have led to a shift in RBI stance on inflation. Whilst previous rate cuts were made with an explicit inflation target, the current committee has decided that the mandate should be more flexible given slow global growth.

Are we likely to see a step change in inflation?

Saturday, September 17th, 2016

Chief Economic Advisor Arvind Subramanian has given a number of recommendations to the government with the aim of incentivising pulse production and ending price volatility. If the government is able to act on these measures, it could lead to food inflation coming down structurally over the medium term.