Articles by Rahul Bajoria
Manufacturing versus services: A false binary
India does not need to choose between manufacturing and services. India has the capacity and means to succeed in both manufacturing and services.
Published on Feb 20, 2024 10:00 PM IST
Riding high on the growth momentum
The challenge for India is to sustain growth in the 7% range, or possibly aim higher at achieving 8% growth, without losing out on its hard-won macro stability
Published on Jan 10, 2024 10:14 PM IST
Time ripe for private sector capex push
Domestic financing for private investment may become easier as the government takes a backseat.
Published on Nov 14, 2023 11:54 PM IST
Focus on economy’s basics for 8% growth
There is no need to change India’s economic model to step up growth, aggressively deploying the existing advantages of the economy should do the job
Published on Oct 11, 2023 10:13 PM IST
All quiet on the interest rate front
Should RBI use blunt instruments such as interest rates, or take comfort from softening core inflation? For now, it should be the latter
Published on Aug 21, 2023 09:02 PM IST
Why RBI chose not to pivot to growth
Inflation may be dipping but medium-term outlook is cloudy. Most global central banks are not cutting rates. Why we may be in for a long pause in policy rates
Published on Jun 08, 2023 08:47 PM IST
Inflation is dipping, but RBI may not slash rates
Consumer inflation expectations have also declined compared with the recent past. But the central bank will be cautious in letting its guard down too
Updated on May 18, 2023 09:44 PM IST
Another rate hike may be in the offing
If economic activity is sustained at an elevated level and pricing power is high, RBI has a longer runway to land its rate hikes. But this does not mean the bank will keep circling, lest the fuel in the economy runs out
Published on Mar 09, 2023 07:07 AM IST
Rahul Bajoria and Shreya Sodhani
What India may get from this budget
Despite the disruptions forced by the pandemic, the economy is in good shape. The budget may focus on improving the conditions for private investment, but will have to look at how to reduce the high-debt burden
Updated on Jan 19, 2023 08:10 AM IST
Rahul Bajoria and Shreya Sodhani
On inflation in India, a silver lining of stability
India’s consumer price inflation is finally back within the band — registering a 5.9% year-on-year increase in November.
Published on Dec 19, 2022 08:29 PM IST
Prune some schemes to manage the fiscal deficit
While it is unlikely that the programmes will be completely shelved 18 months away from general elections, we believe it is important to understand what the sunset strategy will be for temporary support programmes.
Updated on Nov 30, 2022 08:33 PM IST
Rahul Bajoria
India’s economy is on a strong wicket
It is possible to maintain average real GDP growth of about 6.5% for the next three years. However, it is important to recognise the limitations on how fiscal or monetary policy can be used to mitigate global shocks, whether in energy prices or capital outflows
Updated on Sep 12, 2022 07:41 PM IST
Rahul Bajoria
India is equipped to deal with currency volatility
On the value itself, foreign exchange markets are prone to overshoot, but even if they do so, they will correct in the near-term
Updated on Jul 14, 2022 09:51 PM IST
Rahul Bajoria
RBI shows resilience in the face of shocks
With the central bank saying it’s focused on fighting inflation, the predictability of its policy actions is restored
Updated on Jun 09, 2022 08:47 PM IST
Rahul Bajoria