Advertisement

HindustanTimes Tue,29 Jul 2014

RBI policy: Rajan takes a calculated gamble by not hiking rates

LiveMint   December 19, 2013
First Published: 10:05 IST(19/12/2013) | Last Updated: 10:27 IST(19/12/2013)
By every yardstick, RBI’s decision to hold on to the current policy rate despite rising inflation is a close call. Instead of going for an all-out attack against inflation and bottling inflationary expectations by being proactive, Rajan has preferred to play a game of catch-up.

Not too many analysts are expecting a significant reduction in inflation numbers—both retail as well as wholesale—in December. If indeed that is the case, Rajan is merely delaying the inevitable.

Read full report here:

Advertisement
more from Business

Maruti hikes Celerio AMT output, looks to cut waiting period

Country's largest car maker Maruti Suzuki India (MSI) is looking to increase the supply of auto gear shift version of its latest compact hatchback Celerio to reduce the waiting period that currently stands at about four months.

markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved