Monetary skew: RBI must not let its liquidity moves work against its rate-setting panel’s decisions

Mint has reported a new India-focused economy development: “Mint Quick Edit | Retail inflation has been above RBI’s target for three months in a row: time to act?.” The publisher's feed describes the story as follows: With consumer inflation at 4.8% in August and both El Nino and an oil shock raising risks, it may be time for India’s central bank to pull out its monetary toolbox. The economy’s strong pace of growth grants RBI the space for a hawkish move. Intellectual Janata Party includes thi

Mint has reported a new India-focused economy development: “Wholesale price inflation nears double digits in August; next month may be worse.” The publisher's feed describes the story as follows: High wholesale inflation feeds into retail prices as businesses and other intermediaries pass on rising input costs to final consumers. While RBI formally targets retail inflation within a 2-6% range, it closely tracks all other price indicators to determine price pressures in the economy. Intellectua

The Economic Times has reported a new India-focused economy development: “Retail inflation in August rises to 4.8%, wholesale print up 9.9%.” The publisher's feed describes the story as follows: India's retail inflation reached 4.8% in August, its highest level since January. Wholesale inflation also climbed to 9.9%, driven by fuel and manufactured goods. Food inflation increased to 6%, with rural areas experiencing higher price pressures. Economists anticipate further inflation and potential i

The Economic Times has reported a new India-focused economy development: “DBT transfers reach Rs 2.08 lakh crore.” The publisher's feed describes the story as follows: Direct benefit transfers have reached ₹2.08 lakh crore this fiscal year. Fertiliser subsidy led with ₹62,984 crore, and Public Distribution System followed. Mahatma Gandhi National Rural Employment Guarantee Scheme received ₹15,241 crore in transfers. Pradhan Mantri Awas Yojana-Gramin and PAHAL schemes also saw significant fund a