Here is the best of Business Standard's opinion pieces for Wednesday
The Monetary Policy Committee of the Reserve Bank of India (RBI) is widely expected to maintain the status quo on both the policy rate and stance in its meeting starting today. Financial markets would, however, want to know if the central bank is now prepared to start the policy normalisation process, or it still wants to wait and support growth by maintaining excessively high levels of liquidity in the system to keep market interest rates low. Our lead editorial argues why the RBI should formally start preparing for policy