Sorry, no posts matched your criteria.
Volume 10
External Commercial Borrowings by Indian Firms: A Blessing or Curse
Pooja Misra, Jagdish Shettigar , Sahil Oberoi
In the first half of FY19, ECBs touched a high of $25.17 billion in the April – September period, which was 53 per cent higher than the $16.48 billion raised by Indian entities in the same period last year; it was $42 billion for FY19. Taking Reliance Industries Limited (RIL) as a case point, the researchers analysed the advantages of borrowing by a firm through an ECB and its impact on the company's net profit and shareholder's returns vis-à-vis borrowing the same money through a premium domestic pub...
Sorry, no posts matched your criteria.
Volume 3
Evaluation of the Inflation Forecasting Process of the Reserve Bank of India: A Text Analysis Approach
Amrendra Pandey, Jagdish Shettigar , Amarnath Bose
This study attempts to evaluate the monetary policy of the Reserve Bank of India (RBI) based on an investigation of the policy statements. The analysis based on text mining of the central bank’s monetary policy statements seeks to unravel the information considered by the central bank and the processes followed in making its inflation forecasts. The findings indicate that although the RBI examined high-frequency economic indicators, its inflation forecasts have generally been off the mark. Specifically...