New external MPC members may keep markets guessing
Business Standard|October 03, 2024
Internal MPC members unanimous, variation in external members' vote
MANOJIT SAHA
New external MPC members may keep markets guessing

The three new external members of the Reserve Bank of India (RBI)'s Monetary Policy Committee (MPC) will be taking charge at a time when many believe the interest rate curve is at an inflection point.

On Tuesday, the government notified that Director of Delhi School of Economics Ram Singh, veteran economist Saugata Bhattacharya, and Nagesh Kumar, director and chief executive, Institute for Studies in Industrial Development, will be the three new external members of the MPC.

The three members come from a very diverse field of expertise, and the Committee will have a mix of academic, markets and public policy experience.

Singh, a doctorate in economics from Jawaharlal Nehru University, has done extensive work on law and economics. His area of expertise also includes public economics, taxes and public finance, among others.

Kumar, a doctorate from Delhi School of Economics, has research interests, including Foreign Direct Investments and International Trade, Regional Economic Integration and Industrial Restructuring in Asia, and Industrial policy, among others.

هذه القصة مأخوذة من طبعة October 03, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 03, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من BUSINESS STANDARD مشاهدة الكل
A yr of Israel-Hamas war: Trade with W Asia holds steady
Business Standard

A yr of Israel-Hamas war: Trade with W Asia holds steady

However, trade with Israel, Lebanon, Jordan declines during January-July period

time-read
3 mins  |
October 07, 2024
Lights, Camera, Commerce! Rajinikanth and Bachchan unite in branding mega-hit
Business Standard

Lights, Camera, Commerce! Rajinikanth and Bachchan unite in branding mega-hit

The sharp dialogues of Andha Kanoon (1983), the captivating strains of Aana Jaana Laga Rahega from Geraftaar (1985), and the vibrant energy of Jumma Chumma De De from Hum (1991) have left an indelible mark on the memories of those who grew up in the '80s and '90s. These films celebrated the artistry of two icons of Indian cinema - Amitabh Bachchan and Rajinikanth - creating a rich tapestry of nostalgia that continues to resonate with fans.

time-read
3 mins  |
October 07, 2024
West Asia crisis forces airlines to reroute
Business Standard

West Asia crisis forces airlines to reroute

The closure of Iranian airspace after Iran fired missiles on Israel amid the crisis in West Asia have forced carriers to reroute various flights to Europe from Mumbai, increasing their flying duration by up to 20 minutes.

time-read
2 mins  |
October 07, 2024
Status quo on rate; stance too may not change
Business Standard

Status quo on rate; stance too may not change

Growth-inflation dynamics are shifting slowly, but the RBI may not be in a hurry to act amid too many uncertainties

time-read
5 mins  |
October 07, 2024
A decade of Make in India
Business Standard

A decade of Make in India

An uptick in manufacturing activity a decade since the launch of the Make in India initiative notwithstanding, India's integration with global value chains faces some challenges.

time-read
1 min  |
October 07, 2024
MODEL CODE OF CONSTRUCT
Business Standard

MODEL CODE OF CONSTRUCT

Apple is replicating its China model of manufacturing in India, with tweaks. How is it working out?

time-read
4 mins  |
October 07, 2024
Money in the bank
Business Standard

Money in the bank

The cash reserve ratio's use to ensure monetary stability is being debated as lenders' deposit growth slows down, reports RAGHU MOHAN

time-read
5 mins  |
October 07, 2024
How India made M&A easier for companies
Business Standard

How India made M&A easier for companies

The aspirations of a young India and increased income levels have encouraged companies to consider mergers and acquisitions (M&A) to keep up with demand.

time-read
2 mins  |
October 07, 2024
Rising home prices: Consider outskirts, in-progress projects
Business Standard

Rising home prices: Consider outskirts, in-progress projects

But be mindful of the potential drawbacks of these options and make balanced choices

time-read
3 mins  |
October 07, 2024
Retail investors vs algos: Like lambs to slaughter
Business Standard

Retail investors vs algos: Like lambs to slaughter

TRUTH BE TOLD

time-read
2 mins  |
October 07, 2024