When the Reserve Bank of India says it will cut liquidity, it means serious business. Coming up, from next week, is another massive measure to remove rupees ...
We have a boring macroeconomic policy in which NOTHING happened. This is horrible for media companies and TV companies who have lined up experts to speak ...
The RBI has always concentrated on Wholesale Price Index (WPI) based inflation. As I’ve noted, there is a huge difference between inflation in wholesale ...
India will continue to import Gold no matter what, it seems. The RBI has gone ballistic over gold imports, creating further barriers to the process. In a ...
In the days following the RBI hike in rates, we are seeing interesting movements in the fixed income markets. Repo Bids Rise Substantially, But No MSF Repo is ...
The day has seen some insanity in the money markets. After RBI’s epic raising of marginal rates and curtailing of liquidity, banks have realised that the new ...
How much does yesterday’s sudden late night liquidity squeeze impact the markets? Let’s take a look at overnight repo borrowing from the RBI, and the 1% of ...
At 10PM, way past RBI’s bedtime, there shows up an innocuous press release from the RBI. It has effectively slashed liquidity with (nearly) immediate effect, ...
The Index of Industrial Production (IIP) data for May 2013 came in on Friday at –1.59% over last year, the first IIP drop since December 2012 and the biggest ...
Surjit Singh Bhalla has come up with a fascinating insight on the new Food Security Bill (FSB) in which he says will cost us over 300,000 cr. He was responding ...