India's central bank

EghtesadOnline: Roiled by fears of a possible conflict with Pakistan, markets in India haven’t been terribly stable in recent days. But at least one source of anxiety has happily been alleviated. Investors are confident that Tuesday’s monetary policy statement from the Reserve Bank of India -- the first since the departure of former governor Raghuram Rajan -- will signal continuity, not change.

EghtesadOnline: India's incoming central bank governor, Urjit Patel, is widely regarded as having the professional and academic credentials he needs to make a success of his new job.