Monetary Policy – From “Accommodative” to “Neutral” stance..

Belying the expectations of a rate cut, the monetary policy committee (MPC) has not only decided to keep the rates unchanged in its meeting today but more importantly, has shifted its stance from “accommodative” to “neutral’. This is “to assess the transitory effects of demonetization on inflation and the output gap”. The shift marks a significant reversal of policy as it had maintained “accommodative’ stance all through the year. A look at the reason for the same..

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Budget – Understanding Deficit Terminologies…

The most important and the first number any economist looks at while analyzing the budget is the fiscal deficit. However, other than that, budget also throws up other deficit numbers.. So what all are these deficits and their importance?? A brief look..

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Budget 2017-18 – From ‘Swachh Bharat’ to ‘Clean India’..!

The union budget for the year 2017-18, presented today by the finance minister makes no big bang announcements but the undercurrent is loud and clear. The society - individuals and corporate - has to become more transparent and more accountable; in FM's words, a move towards 'clean India'. A look at some of the highlights..

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