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FROM ANI - Bank Of India Bulding Catches Fire In Fort Area, Mumbai SPICEJET - Launches Second Daily Direct Flight Between Kolkata-Dhaka

India Seeing Policy Stasis, Not Policy Paralysis: Bimal Jalan

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March 3: Former RBI Governor Bimal Jalan says India’s fundamentals and policy making are stronger than ever but the government needs to decentralize its power and have 'consistent' policies, he says. However, Jalan disagrees with RBI’s approach on inflation. Squeezing investment and hiking rates won’t help unless we find the source of inflation first, he tells Vivek Law on Political Capital.