State of economy

India’s fight against inflation is far from over: RBI report

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India’s fight against inflation is far from over: RBI report

India’s fight against inflation is far from over as the spike in food prices has re-emphasized the need for monetary policy action as well as improvement in supply side management, the Reserve Bank of India said in its July state of the economy report. “Food price spikes typical of the onset of the monsoon drove … Read more

State of economy cause of ‘extreme concern’: P Chidambaram at Congress Chintan Shivir

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State of economy cause of ‘extreme concern’: P Chidambaram at Congress Chintan Shivir

Asserting that the state of the economy is a cause of “extreme concern”, senior Congress leader P Chidambaram on Saturday said taking into account global and domestic developments, it may be necessary to contemplate a reset of economic policies. Addressing a press conference, Chidambaram said a slower rate of growth has been the “hallmark” of … Read more