This month's monetary policy committee meeting glared out for being at odds with ground realities

· livemint.com

In a rare departure from the usual, the rate-setting panel's resolution announced on Friday not only overlooked inflation as a major risk, it was overshadowed by RBI governor Sanjay Malhotra's statement and an effort to attract foreign inflows.

Mythili Bhusnurmath

Mythili Bhusnurmath is an economist-turned-banker-turned journalist. She became the first woman editor of a major financial daily, Financia...


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