The Hindu Business Line : Wednesday, October 26, 2005

RBI's price concerns
IN PITCHING FOR a high interest rate regime to slow an upward price spiral fuelled by volatile crude prices, the Reserve Bank of India seems to have shuffled its agenda from growth to price stability. The Mid-Year Review of the Annual Credit ... More

POLITICS

Throw them out!
THE stunningly pungent observations of the Supreme Court Bench made in exasperation at the impunity with which the top rungs of various political parties and their favourites as also, surprisingly, some media persons, had clung to posh bungalows ... More

CREDIT POLICY

Mid-Year Review of the Annual Credit Policy — Managing inflation, encouraging growth
While the RBI Governor, Dr Y. V. Reddy, has left alone the interest rate structure and liquidity controls, though his raising the reverse repo rate will have implications on some short-term lending rates. The Quarterly Review reflects the Government' s concern about the fiscal insulation of oil price increases from the consumer, and highlights the need to encourage credit to the agricultural and SME sectors as well as to NBFCs. Overall, the Policy has met the twin requirements of inflation manage ment and growth impulses. More

Rupee confusion mars wise moves
It is a wise decision by the RBI not to have raised the Bank Rate. And it has rightly shown concern over the share of credit to infrastructure. But the RBI's policy on rupee continues to confuse the market. More

Inflation vaccine from Reddy's lab
THE Reserve Bank's policy mandate has always been a tightrope walk between multiple objectives. These are ensuring price stability, guaranteeing adequate credit for the economy and for the government's borrowing, and sustaining high growth. On ... More

LETTERS

Damage control
Visakhapatnam airport has been closed for the last eleven days as it has gone under water after two releases from the Mehadrigadda reservoir, nearby. One wonders why this kind of contingency was not foreseen in the planning, approval and ... More

Show them out

An environment hazard

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest