Both Patel and Das, to be sure, had assumed office only after the RBI adopted flexible inflation targeting with a midpoint goal as its formal monetary policy objective. Raghuram Rajan, who preceded Patel, had raised rates in his first policy action after taking over as he had to deal with a weak external sector and drying capital inflows, among others.
Sebi action on Jane Street highlights 3 aspects of market: Uday Kotak
Uday Kotak flagged structural flaws in Indian markets — warning against excessive money power, distorted liquidity, and volume-driven business models. Kotak’s remarks come as Sebi