Hi, hope you enjoyed the introductory blog on inflation… lets delve into a few more definitions that are very apt and relevant for a developing economy like India. Consumers like you and I face true inflation in the retail market. Since the past more than six months the price of pulses skyrocketed in India and […]
On June 28, 2016, many newspapers had carried a news item on the formation of a Monetary Policy Committee by the Government of India. General public was grappling with the Brexit brouhaha and the announcement by the Government of India on the formation of MPC went almost unnoticed. A few serious ‘monetarists’ known to me […]
My nonagenarian mother, who has lost all sense of time, often asks me one question when I come home with a basket full of vegetables and groceries. Is the price of tomato Rs 2/- for 3 kgs? Is the price of rice Rs.15/- for a bag of 5 Kgs? Well!! One might rightly conclude that […]