Laf

Money is going to get tighter as we enter the festive season

Thanks to a huge trade deficit, weak capital inflows and higher demand for money in the festive season, we are up against a liquidity crunch in the coming months.

Rs 65,000 cr missing money: RBI needs to explain liquidity drop

Even after accounting for dollar sales, and extra note printing on the govt's behalf, there is a Rs 65,000 gap in unexplained liquidity demand.

Rajan sends goodwill card to Modi and Jaitley, shifts policy stance to neutral

The RBI's monetary policy stance has shifted from aggressively anti-inflation to neutral, indicating that Raghuram Rajan is willing to give the new government time to act on its fiscal consolidation