Articles by Sourav Majumdar
Sep 21, 2013
Battle against price rise: Rajan proves he's his own manWhile the markets and analysts were expecting these rollbacks and nothing more, Rajan has caught them off guard by hiking the LAF repo rate - the broader signal rate - by 25 bps in a clear message that inflation is well above RBI's tolerance levels and could get more worrisome.
Sep 20, 2013
Why Raghuram Rajan won't ease rates despite US Fed giftAt best, Rajan is, therefore expected to ease the daily CRR stipulation, providing banks some breathing space on liquidity.
Sep 17, 2013
At 6.1%, inflation is worrisome: Rajan's hands are tied, bid goodbye to rate cutWith inflation back at uncomfortable levels, RBI will most likely keep rates unchanged on 20 September.
Sep 13, 2013
Why Raghuram Rajan may wait before pushing for growthDespite the strong IIP number and slightly better retail inflation, RBI may not cut rates to spur growth just yet. Remaining on pause for a little longer may be the best bet for now.
Sep 12, 2013
IIP up 2.6%: Huge relief but it's time for Rajan-Chidu to bring in reformsWith industrial production showing signs of a turnaround, this is the best time to push through further structural reform. Will Raghuram Rajan also join the party on 20 September?<br /><br />
Sep 12, 2013
Are we celebrating the 'Rajan effect' too soon?The stockmarkets have begun yo-yoing, the rupee has stabilized, the green shoots theorists are back. But it will be prudent to wait before we can call it a turnaround
Sep 11, 2013
Forget rupee stress, demand slowdown is biggest worry for India IncFarm sector seen lifting GDP on back of bountiful monsoon, finds CRISIL study<br /><br /> <br /><br /> <br /><br />
Sep 05, 2013
'Rockstar' Rajan begins well, but it's going to be a very long haulFirm, reformist and like a breath of fresh air, the new Reserve Bank governor has made more than the right noises. Now will come the real test, that of execution
Sep 04, 2013
No magic wand: Raghuram Rajan, welcome to the RBI tightrope walkHow Rajan takes his first steps as governor could go a long way in deciding how India will tackle what is quickly turning out to be the most challenging period the country has witnessed in a long time.
Sep 03, 2013
Dear UPA, reforms and Food Bill cancel each other outWith all major parameters showing that the economy is in serious trouble, the government is talking of tougher reforms. But the reality on the ground is different.