This is a moment when the consequences of no policy can be foreseen because of the absence of any reference point. Read what extrapolated policy prescriptions are predicated on. Uddalok Bhattacharya sums up
Policy interventions are good, says Sajjid Z Chinoy. But their consequences should not be forgotten
A financial emergency would be in order now because it would enable the government to cut its employees’ salaries, says A K Bhattacharya
No one bothers about the fiscal deficit or inflation now, says Tamal Bandyopadhyay. The RBI needs to break banks’ risk aversion
The IMF has