The food prices blame game

Category: Doing business in India | January 23rd, 2010 | By Varsha

Today’ news reported that the Congress has put the issue of food price rise on the shoulders of the agriculture minister and the minister in turn has shifted the blame on to Mother Nature. Who is responsible? And who needs to take what steps to get us out of this?

Of all the economic imbalances that

The cost of (not having) a price index

Category: Competitive Intelligence, Doing business in India | November 16th, 2009 | By Varsha

Inflation is a key parameter all central banks are required to manage. The price index enables them to measure inflation. For years, the RBI has been operating without a robust measure of inflation – shooting in the dark.

The irrelevance of the current price indices in India was starkly highlighted in recent