RK Pattnaik
- Indexed articles, last 90 days
- 3
- Latest publication
- Sep 29, 2026
- Outlet visibility, for The Hindu BusinessLine
- Top 50K sites
- Earliest in this view
- Aug 8, 2026
Latest articles
A deeper probe into FCNR(B) swap scheme (opens the original)
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The RBI announced on September 21 that the FCNR(B) swap scheme had received a record inflow of $132.98 billion. This marks never-before capital flows to the external sector in general and to NRI deposits in particular. The numbers are historic and stand at a record level of external debt. The consequences are several and severe: (a) reliance on debt forex reserves to address rupee depreciation and volatility; (b) an adverse impact on RBI’s balance sheet; (c) stress on liquidity management on rec
Computing core CPI inflation, a challenge (opens the original)
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The minutes of the August 3-5 Monetary Policy Committee (MPC) meeting released on August 19 carry a reference to the CPI inflation diffusion index to offer the view that inflation in India is not generalised. Conceptually, an inflation diffusion index measures how widely price increases have spread across goods and services in an economy. Instead of tracking the average size of a price change, it calculates the percentage of items or sectors that record price increases. This metric helps monetar
The MPCâs August tightrope and the road ahead (opens the original)
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The Monetary Policy Committee (MPC) kept the policy repo rate unchanged at 5.25 per cent in its August 5 bi-monthly resolution â the fourth consecutive time it has held rates steady. The decision was shaped by evolving growth-inflation dynamics driven by both domestic and external factors. Chief among the external shocks are geopolitical tensions emanating from conflicts in the Middle East, the imposition of US tariffs, and prolonged disruptions to global supply chains. Uncertainty around the
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