FINANCIAL MARKETS REDUCE MONETARY POLICY TO A FARCE
V. ANANTHA NAGESWARAN V. Anantha Nageswaran is the dean of IFMR Graduate School of Business (KREA University). These are his personal views
In November, Viral Acharya, one of the deputy governors of the Reserve Bank of India, had warned the government of India not to incur the wrath of the financial markets. He has been proven right, but with a twist.
First, the wrath of the financial...
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