An attempt is made to identify the determinants of yield spreads between the State and Central government securities in a panel data framework as has been used in several cross-country studies. This study examines the potential impact of fiscal as well as market related factors on the yield...

A review of the recent developments in the Indian Economy. Review of the trends in monetary policy challenges globally and for emerging market economies (EMEs) in particular. The monetary policy framework in India is expalined. Some issues in the conduct of monetary policy in India is given...

The impact of economic crisis on India has been analysed in the speech. [Speech delivered at the Symposium on 'The Global Economic Crisis and Challenges for the Asian Economy in a Changing World'].

The Reserve Bank released the document “Macroeconomic and Monetary Developments: First Quarter Review 2008-09†to serve as a backdrop to the First Quarter Review of Annual Policy Statement for 2008-09.

Budget speech 2008-09 by Finance Minister Dr. Thomas Issac

The growing importance of India and other emerging economies in the globalized world are given in this lecture. This group of economies is not easy to define. However, some reflections on the implications of these changes are made. The emerging markets are becoming larger players in the global...

Key features of Budget presented by Shri Pranab Mukherjee

Economy Survey 2007-08. website:http://indiabudget.nic.in

The paper contours of a feasible design of VAT in India. It also takes on board the various alternatives proposed. It looks at the issues that need resolution and the options available for resolving the same and provides estimates of the rates of tax that would ensure that the regime is revenue...