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Sankalpa Bhattacharjee

Sankalpa Bhattacharjee

The Statesman

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In defence of the RBI’s calibrated tightening

In defence of the RBI’s calibrated tightening

Central banks are rarely accused of moving too soon. Yet on October 7, the RBI raised the policy repo rate by 25 basis points to 5.50 per cent and...

previous day 20

The Statesman

Sankalpa Bhattacharjee

10 years on, UPI has sent the bill

India’s Unified Payments Interface (UPI) has entered its second decade by acquiring something it was designed to suppress: a transaction price. From...

24.09.2026 40

The Statesman

Sankalpa Bhattacharjee

Task ahead is to grow while curbing inflation

India’s economy grew 7.8 per cent during Q1 FY27, comfortably eclipsing RBI’s own 7 per cent forecast. The temptation is to read this as an...

15.09.2026 30

The Statesman

Sankalpa Bhattacharjee

RBI’s neutrality is not passive

On 5 August 2026, the Reserve Bank of India’s Monetary Policy Committee (MPC) unanimously decided to keep the repo rate unchanged at 5.25 per cent...

09.08.2026 50

The Statesman

Sankalpa Bhattacharjee