October 14, 2022

Globalization of Inflation or Monetary Policy: What Explains the Price Rise in India

“Inflation is taxation without legislation”.  Milton Friedman Rising prices or inflation, is an undesirable and unwarranted phenomena. India’s inflationary discourse before and since the onset of the pandemic has been volatile. Shocks from all sides, albeit domestic, demand & supply, […]
June 6, 2019

Future of Monetary Policy in the Context of Global Warming and Recession

Monetary Policy is a tool used by a nation’s Central Bank to influence the nation’s price levels, output, etc as a response to global shocks. Global warming is the rise of the average temperature of the Earth due to the […]
April 13, 2015

Evaluating India’s monetary policy: Looking for Market and Non-conventional Tools

“Very cautious approach but not in line with market expectations.” Dr Martin Patrick, Chief Economist, CPPR describes in these lines the first bi-monthly monetary policy for this year announced on 7, April 2015 in Mumbai. Dr Patrick expresses and explain […]