It’s The Best That Gover­nor Ra­jan Could Have Done

The Economic Times - - Economy -

Raghu­ram Ra­jan has turned mone­tary pol­icy into a T20 cricket match with all its glo­ri­ous un­cer­tain­ties and stun­ning sur­prises. The as­ton­ish­ing part in Tues­day’s pol­icy is not the cut in the bench­mark in­ter­est rate, which was a fore­gone con­clu­sion — but the shift in stance by the Re­serve Bank of In­dia, says

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.