In India, lower interest rates are surely no magic wand. Joseph Stiglitz and Larry Summers may not be on the same page on many matters these days. However, on the… Continue reading "Do interest rates matter in India?"
Tag: Interest rates
Why did Reserve Bank of India’s measures in 1998 work? How do they compare with the current set of measures? I had finished writing my last MINT column on Sunday… Continue reading "January 1998 and July 2013 – what is the difference?"