The editorial talks about RBI’s role and functions during the crisis. RBI has a dual mandate of growth and stability. To deal with the problem in hand the central bank needs to be independent, accountable, and boundaried.
With the recent incidents along the Line of Actual Control (LAC), India-China relationship is witnessing the highest tension since the Dokhlam standoff. With a little over a couple of years gap between the two incidence, both the countries have had remarkable relationship with each other. [Read More]