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JAYANTH RAMA VARMA
Rate-setting panel member asks RBI to talk clearly for greater goodJayanth Rama Varma, a member of the Reserve Bank of India’s monetary policy committee, has criticised the bank's lack of transparency and i...
Inflation trajectory isn’t the pole star guiding India’s future rate actionsThe RBI has increased its lending rate by around 250 bps since May last year in a bid to cool prices. Another 25 bps hike will take the bor...
View: India isn’t immune to the stagflation that felled its neighborsLuckily for India, a part of this two-year period coincided with a post-Covid-19 reopening. Self-sufficiency in food production, a sizeable...
India’s economy seen losing speed as rising rates hurt demandGross domestic product probably rose 4.7% last quarter from a year ago, according to a median estimate of economists in a Bloomberg survey ...
View: Downbeat global economy doesn’t mean disasterImportant forces that have dimmed the outlook will probably dissipate. China’s reopening will be bumpy and may buffet commerce before buttr...
India rate-setter wants RBI to focus on softening core inflation“As far as monetary policy is concerned, moderation in the core inflation should be the priority,” Shashanka Bhide, an external member of t...
Soft landing for India means fast, if not fastest, growthEconomists at Goldman Sachs Group Inc. have already lowered the growth forecast for India to 7% from 7.2%, while Citigroup Inc. cut it more...
India may be on the cusp of private investment revival“I am cautiously optimistic about growth with some signs of gradual, though uneven, revival of consumption demand,” said Jayanth Rama Varma...
Fed-style dot plot can guide India rates well, says MPC's Jayanth Rama VarmaThe central bank’s earlier pledge to keep policy ultra loose for as long as necessary restrained it from raising its key lending rate in Ap...
RBI to go for aggressive rate hikes? Here's what economists are sayingEconomists at Nomura Holdings Inc., Barclays Plc and Deutsche Bank AG forecast the RBI to raise rates by as much as 50 basis points when it...
MPC members say addressing inflation risks crucial: MinutesThe Reserve Bank of India earlier this month started to move away from its ultra-loose monetary policy even as it kept its key lending rate...
Rate-setters at Mint Street say inflation outlook overtaken by warEven before the war, inflation was topping the RBI’s 6% upper tolerance limit in 2022, and the supply disruptions that sent oil above $100 ...
Oil shock risks becoming 'nightmare' for Reserve Bank of IndiaThe surge in edible and crude oil prices are bound to feed into headline inflation, which has already breached the upper tolerance limit of...
Jayanth Rama Varma, lone dissenter on rate panel, says RBI's credibility is at riskThe RBI, led by Governor Shaktikanta Das, has sustained its focus on keeping rates low to support growth while saying inflation, which has ...
Bond losses seen in India as dissent breaks out at RBIThe benchmark 10-year yield will climb to 6.40% by December, while the five-year yield will increase to 5.90%, according to the median esti...
‘Transitory’ inflation reaches tipping point for companies in India, all eyes on RBIThat recovery in consumer optimism may be just around the corner, according to a survey by the Reserve Bank of India. While households were...
Weighed down by poor income and prices, Indian consumers withhold spendingAlthough the future expectations index rose to 104 from 96.4, suggesting optimism about the year-ahead prospects, it’s unlikely to result i...