Government Bailouts A Moral Hazard, Says Chief Economic Adviser
Business | Shruti Srivastava and Anirban Nag, Bloomberg | Friday August 23, 2019
"I think we expect the government to use taxpayers money to intervene every time there is a sunset phase," Mr Subramanian said.
Floccinaucinihilipilification? RBI Governor Knows What It Means
Business | Anirban Nag, Bloomberg | Thursday August 22, 2019
Central bank watchers were left scrambling this week for their dictionaries and Google searches to decipher parts of a speech by Governor Shaktikanta Das and minutes of the recent monetary policy committee meeting.
India's Hiring Slows Down As Economy Cools: Care Ratings Study
Business | Anirban Nag, Bloomberg | Monday August 19, 2019
Total employment increased from 5.44 million as of March 2017 to 5.78 million in 2018, which is an increase of 6.2 per cent, according to the study.
RBI Stays "Accommodative" With Rare 35 Basis-Point Cut to Spur Economy
Business | Anirban Nag, Bloomberg | Wednesday August 7, 2019
The Monetary Policy Committee kept its stance accommodative, which means rate increases remain off the table.
Viral Acharya Exits RBI Job With A -Sense of Unfinished Business-
Business | Anirban Nag, Bloomberg | Tuesday July 23, 2019
Mr Acharya's boss at the central bank, Governor Shaktikanta Das, says a continuous and prolonged dependence on the government's capital infusion into banks can breed inefficiency.
PM Modi's New Budget Key to Reviving India's Animal Spirits
Business | Anirban Nag, Bloomberg | Thursday June 27, 2019
As gross domestic product growth slowed to a five-year low of 5.8 per cent in the first quarter of 2019, the Reserve Bank of India this month did its part to support the economy by lowering interest rates for a third time and switching to an accommodative stance.
Centre To Begin Search For New RBI Deputy Governor
India News | Anirban Nag, Bloomberg | Wednesday June 26, 2019
The centre will soon start searching for a successor to central bank Deputy Governor Viral Acharya after the outspoken monetary policy maker asked to leave his post six months before his term ends.
RBI Cuts Key Interest Rate To Lowest In 9 Years, Eases Policy Stance
Business | Anirban Nag, Bloomberg | Thursday June 6, 2019
The six-member Monetary Policy Committee voted unanimously for a rate cut. It also switched to an accommodative bias from a neutral stance adopted in February.
Ramping Up Exports Will Bring Up Workers' Wages In India: Report
Business | Anirban Nag, Bloomberg | Wednesday March 6, 2019
India's share of world exports is 1.7 per cent, while it buys 2.5 per cent of global imports, according to the World Trade Organization.
Ramping Up Exports Will Bring Up Workers' Wages In India: Report
India News | Anirban Nag, Bloomberg | Wednesday March 6, 2019
India needs to ramp up exports if workers are to enjoy higher wages, according to a new report from the World Bank and the International Labor Organization.
In His Own Tweets: What New RBI Governor Shaktikanta Das Thinks
Business | Anirban Nag, Bloomberg | Wednesday December 12, 2018
Shaktikanta Das is an active user of Twitter, a sharp contrast to the outgoing RBI chief Urjit Patel who was publicity shy and rarely gave interviews.
What's Next For RBI: Friday Board Meet Unlikely Without New Governor
Business | Anirban Nag, Bloomberg | Tuesday December 11, 2018
There's no obvious candidate, but local media are floating names of several people, including Subhash Chandra Garg, and Rajiv Kumar, both of whom are RBI board members.
India's Central Bank Dials Back Hawkish Tone: Foreign Media
Business | Anirban Nag, Bloomberg | Thursday December 6, 2018
Just two months after stating that interest rate cuts were "off the table," RBI Governor Urjit Patel said there's the possibility of "commensurate policy actions" if inflation continues to undershoot.
RBI Policy Meet Today, Governor's First Response On Autonomy Row Likely
Business | Anirban Nag, Bloomberg | Wednesday December 5, 2018
After raising interest rates twice this year, the RBI will probably keep its repurchase rate unchanged at 6.5 per cent, according to 48 of 52 economists surveyed by Bloomberg.
Feud Not Over, Centre To Push Governance Changes In Next RBI Meet: Report
Business | Anirban Nag, Bloomberg | Monday November 26, 2018
The proposals to discuss governance at the RBI's December 14 board meeting may further inflame tensions between the finance ministry and central bank.
Government Bailouts A Moral Hazard, Says Chief Economic Adviser
Business | Shruti Srivastava and Anirban Nag, Bloomberg | Friday August 23, 2019
"I think we expect the government to use taxpayers money to intervene every time there is a sunset phase," Mr Subramanian said.
Floccinaucinihilipilification? RBI Governor Knows What It Means
Business | Anirban Nag, Bloomberg | Thursday August 22, 2019
Central bank watchers were left scrambling this week for their dictionaries and Google searches to decipher parts of a speech by Governor Shaktikanta Das and minutes of the recent monetary policy committee meeting.
India's Hiring Slows Down As Economy Cools: Care Ratings Study
Business | Anirban Nag, Bloomberg | Monday August 19, 2019
Total employment increased from 5.44 million as of March 2017 to 5.78 million in 2018, which is an increase of 6.2 per cent, according to the study.
RBI Stays "Accommodative" With Rare 35 Basis-Point Cut to Spur Economy
Business | Anirban Nag, Bloomberg | Wednesday August 7, 2019
The Monetary Policy Committee kept its stance accommodative, which means rate increases remain off the table.
Viral Acharya Exits RBI Job With A -Sense of Unfinished Business-
Business | Anirban Nag, Bloomberg | Tuesday July 23, 2019
Mr Acharya's boss at the central bank, Governor Shaktikanta Das, says a continuous and prolonged dependence on the government's capital infusion into banks can breed inefficiency.
PM Modi's New Budget Key to Reviving India's Animal Spirits
Business | Anirban Nag, Bloomberg | Thursday June 27, 2019
As gross domestic product growth slowed to a five-year low of 5.8 per cent in the first quarter of 2019, the Reserve Bank of India this month did its part to support the economy by lowering interest rates for a third time and switching to an accommodative stance.
Centre To Begin Search For New RBI Deputy Governor
India News | Anirban Nag, Bloomberg | Wednesday June 26, 2019
The centre will soon start searching for a successor to central bank Deputy Governor Viral Acharya after the outspoken monetary policy maker asked to leave his post six months before his term ends.
RBI Cuts Key Interest Rate To Lowest In 9 Years, Eases Policy Stance
Business | Anirban Nag, Bloomberg | Thursday June 6, 2019
The six-member Monetary Policy Committee voted unanimously for a rate cut. It also switched to an accommodative bias from a neutral stance adopted in February.
Ramping Up Exports Will Bring Up Workers' Wages In India: Report
Business | Anirban Nag, Bloomberg | Wednesday March 6, 2019
India's share of world exports is 1.7 per cent, while it buys 2.5 per cent of global imports, according to the World Trade Organization.
Ramping Up Exports Will Bring Up Workers' Wages In India: Report
India News | Anirban Nag, Bloomberg | Wednesday March 6, 2019
India needs to ramp up exports if workers are to enjoy higher wages, according to a new report from the World Bank and the International Labor Organization.
In His Own Tweets: What New RBI Governor Shaktikanta Das Thinks
Business | Anirban Nag, Bloomberg | Wednesday December 12, 2018
Shaktikanta Das is an active user of Twitter, a sharp contrast to the outgoing RBI chief Urjit Patel who was publicity shy and rarely gave interviews.
What's Next For RBI: Friday Board Meet Unlikely Without New Governor
Business | Anirban Nag, Bloomberg | Tuesday December 11, 2018
There's no obvious candidate, but local media are floating names of several people, including Subhash Chandra Garg, and Rajiv Kumar, both of whom are RBI board members.
India's Central Bank Dials Back Hawkish Tone: Foreign Media
Business | Anirban Nag, Bloomberg | Thursday December 6, 2018
Just two months after stating that interest rate cuts were "off the table," RBI Governor Urjit Patel said there's the possibility of "commensurate policy actions" if inflation continues to undershoot.
RBI Policy Meet Today, Governor's First Response On Autonomy Row Likely
Business | Anirban Nag, Bloomberg | Wednesday December 5, 2018
After raising interest rates twice this year, the RBI will probably keep its repurchase rate unchanged at 6.5 per cent, according to 48 of 52 economists surveyed by Bloomberg.
Feud Not Over, Centre To Push Governance Changes In Next RBI Meet: Report
Business | Anirban Nag, Bloomberg | Monday November 26, 2018
The proposals to discuss governance at the RBI's December 14 board meeting may further inflame tensions between the finance ministry and central bank.
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