AA Edit | RBI 4% inflation goal laudable

Food production in a predominantly rain-fed country could have a huge impact on the economy in both demand and supply sides

AA Edit | Economy in the right direction

PM Narendra Modi said that the 2022-23 GDP growth figures underscores the resilience of the Indian economy amidst global challenges

The RBI is likely to support economic growth, while keeping all options open to arrest inflationary expectations

Apart from the current inflationary scenario, India also faces the risk of heatwaves that could impact food production and prices

The MPC statement shows that inflation remains an issue of concern, something that the FM refused to take into account in her Budget

Investor protection is a risky term with respect to market operation in that risk is an inherent factor associated with it

The central bank observed that inflation — excluding vegetables — has been rising well above the upper tolerance band

Demonetisation is mainly a policy issue, and an impartial examination of the details will show that it was done without much forethought

This is the fifth consecutive rate hike after a 40 basis points increase in May and 50 basis points hike each in June, August and September

Rupee has performed better than the currencies of other emerging economies as RBI spent nearly $100 bn to prevent the rupee from sliding