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Ila PatnaikIla Patnaik The Indian Express Group

Ila Patnaik-

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Modi(fied) state

Tuesday 18 December '07

Drawing on a wide range of parameters from the CMIE databases, it is possible...
RBI must do a Fed

Friday 14 December '07

Earlier this week, the US Federal Reserve Bank cut the Fed’s benchmark interest rate for the third time since September.
Oiling the economy

Monday 26 November '07

As the price of crude oil inches towards $100 a barrel, a Group of Ministers will debate whether India should raise domestic petroleum prices.
Aam aadmi in the hotseat

Friday 16 November '07

Is inflation now comfortably under control? Recent media headlines say that there has been a sharp drop in the inflation...
Surge and the rupee

Tuesday 6 November '07

The US Federal Reserve decided to cut interest rates once again in its meeting this week. Last month, when the Fed cut...
This fuss about credit policy

Tuesday 30 October '07

The monetary policy announcement for the coming quarter will take place amid great confusion about what the RBI is trying to achieve.
Dangers of a one-way bet

Tuesday 23 October '07

The RBI has been buying large amounts of dollars in the foreign exchange market in order to prevent rupee appreciation.
Go with the flow

Thursday 18 October '07

Stock markets responded sharply to a SEBI proposal to restrict foreign capital flows in Indian equity markets...
Figure of nine

Thursday 11 October '07

If and when the US economy goes into recession, what will be the impact on India? ILA PATNAIK argues 2 per cent of India’s GDP will be directly affected, and 7 per cent, indirectly. Rupee tinkering won’t help
The not so good news on inflation

Wednesday 26 September '07

Inflation, now at just above three per cent, seems well under control. Why, then, is the consumer not cheerful still? Ila Patnaik looks at the data and finds that inflation based on WPI is a poor measure of the cost of living
Fed in or fade out

Friday 21 September '07

Brokers are upbeat about US’s interest rate cut. Economists are not. Why? And who’s right?
Haryana Hurricane

Wednesday 19 September '07

Which states in India are attracting the most investment? How are the breakaway BIMARU states doing financially?
What’s rupee got to do with it?

Friday 7 September '07

Is there a slowdown in export growth? Is there a significant relationship between exports and the exchange rate? Ila Patnaik mines the data and explains why there are no simple answers.
Taxing times, good times

Wednesday 29 August '07

Tax collections have registered a remarkable growth in recent years. There is a marked increase in the corporate tax to GDP ratio. ILA PATNAIK sums up the story
The Fear Index

Wednesday 22 August '07

The last four weeks have seen very sharp movements in stock prices around the world.
Subprime mindset

Saturday 18 August '07

Wrong lesson from loan troubles in US: capitalism is risky. Right lesson: financial innovation helps the poor
Dollar doldrums

Monday 6 August '07

RBI’s avoiding the big monetary issue: cost of keeping rupee weak. So government must step in
How’s your risk appetite today?

Thursday 2 August '07

Indian stock markets have fallen sharply in recent days in line with volatile global markets. The source of trouble this time is news from the US housing sector.
Policy without framework

Friday 27 July '07

A new credit policy is on the anvil. But interest rate signals will not be effective unless the RBI gets back its control over the short term interest rate
Let’s waste 0.5 % of GDP

Wednesday 18 July '07

If the alternative to RBI’s rupee management are exporter sops, let’s have sops
Look who’s in the driver’s seat

Thursday 14 June '07

High investment is fuelling high GDP growth today. A look at the front-ranking industries and projects
Some house truths

Friday 8 June '07

The correct response to the increase in house prices is supply augmenting policy. The demand control policy does not give people more and bigger houses to live in
Poor Distribution System

Thursday 24 May '07

The government proposes to bring dal and edible oil under the Public Distribution System The prices of dal and edible oils have risen sharply in recent months and are expected...
The taming of the rupee

Thursday 10 May '07

The commerce minister argues for rupee manipulation. An interventionist RBI keeps everyone guessing. But higher productivity through genuine reform is the only sustainable way to improve export growth
Monetary mix-up

Monday 2 April '07

RBI is inflicting more pain than inflation. And rupee is being unnecessarily coddled
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