monetary policy: Why RBI maintained the status quo, did not change its stance? R Gandhi explains

monetary policy: Why RBI maintained the status quo, did not change its stance? R Gandhi explains

Analysing the monetary policy, R Gandhi, Former RBI Deputy Governor, says that while the policy is conservative, in the long run, inflation will have to be very manageable at that near the target level of around 4%, for India to have a stable growth platform. RBI’s clear inflation hawk stance says that by no means … Read more

investment growth: Expect decent consumption growth but investment growth will be stronger: Chetan Ahya, Morgan Stanley

investment growth: Expect decent consumption growth but investment growth will be stronger: Chetan Ahya, Morgan Stanley

Chetan Ahya, Chief Asia Economist, Morgan Stanley, says that “during 2003-2007, we had seen the investment to GDP ratio go up from the trough of around 28% to the peak of 39% by CY2007. In this cycle, something similar is happening. Investment to GDP is troughing at 29% in 2020 and 12 months ended March … Read more