An autonomous research institute under the Ministry of Finance

 

Economics Nobel winners sought to answer the question why some nations lag others

24/10/2024

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The novelty in their work is the way they put 500 years of statistical evidence to show that the quality of institutions determines success. Democracies have a better chance of getting rich. China, however, remains an enigma which doesn’t fit this explanation.

 

The Nobel Prize in Economic Sciences for ...


RBI’s monetary policy prioritises global economic headwinds

10/10/2024

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MPC has given relative significance to global headwinds and uncertainties. Therefore, a sudden reduction in rates is not feasible when inflation expectations are elevated. The catch, however, is high rates complicate public debt management. 

 

Against the backdrop of geopolitical uncertainties and poly-crisis, the 51st RBI Monetary Policy Committee ...