Why is Recent Food Inflation in India so Persistent?
(Speech delivered by Shri Deepak Mohanty, Executive Director, Reserve Bank of India, at the St. Xavier™s College, Mumbai on 13th January 2014) It is an honour for me to deliver this year™s Annual Lalit Doshi Memorial Lecture. I thank Principal Dr. Fr. Frazer Mascarenhas, Dr. Aditi Sawant and Ms. Nikita Kohli for this opportunity. The… Read More
Tags: Consumer Price Index CPI, Economic growth, Economy of India, Inflation, Maharashtra, Reserve Bank of India, Wholesale price index, WPI
Statistics in RBI™s Policy Making Conceptual and Empirical Issues
(Inaugural address by Dr. Duvvuri Subbarao, Governor, Reserve Bank of India at the 7th Statistics Day Conference of RBI, Mumbai on August 30, 2013) We have gathered here today to celebrate the seventh Statistics Day Conference of the Reserve Bank. The Reserve Bank instituted the Statistics Day Conference to honour the memory of Prof. P.… Read More
Tags: CPI, India, Inflation, Monetary policy, Reserve Bank, Reserve Bank of India, Wholesale price index, WPI
RBI Notice – Auction Sale of a New Inflation Indexed Government Stock of 10 Years
Government of India Ministry of Finance Department of Economic Affairs Budget Division New Delhi, dated May 29, 2013 NOTIFICATION Auction for Sale of a New Inflation Indexed Government Stock of 10 Years F.No.4 (16) W&M/2012: Government of India hereby notifies sale of Inflation Indexed Government Stock-2023 (securities) of 10-year tenure for an aggregate amount of Rs. 1,000… Read More
Tags: Government of India, India, June 4 2013, Mumbai, Mumbai Office, Reserve Bank of India, Wholesale price index, WPI
Government Decides to Launch Inflation Index Bonds
Pursuant to the announcement in the Union Budget 2013-14, the Government of India in consultation with Reserve Bank of India (RBI) has decided to launch Inflation Index Bonds (IIBs), as instruments that will protect savings of poor and middle classes from inflation and incentivise household sector to save in financial instruments rather than buy gold.… Read More
Tags: Bonds, Coupon (bond), Government of India, Inflation, Mutual fund, Reserve Bank of India, Wholesale price index, WPI
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