Ajay Shah studied at IIT, Bombay and USC, Los Angeles. He has held positions at the Centre for Monitoring Indian Economy (Bombay), Indira Gandhi Institute for Development Research (Bombay) and the Ministry of Finance, and now works at NIPFP. His research interests include policy issues on Indian economic growth, open economy macroeconomics, public finance, financial economics and pensions. In the past decade, he was extensively involved in the policy process in the reforms of the equity market and the New Pension System.
Recent Blog Posts by Ajay Shah
- Economic Freedom in the States of India
- Hours of Operation of Indian Retail Firms
- Currency Futures: An Example of How India Changes
- Exchange Rate Regime of Systemically Important Countries
- Consequences of Exposure to Violence
- Looking back at Indira Gandhi
- Movement on Corporate Bonds
- Interpreting Recent Movements of the Rupee-Dollar Rate
- The Remarkable Indian Automobile Industry
- Currency Futures Liquidity ahead of the Forward Market?
- The Scope of Central Bank Independence, and the Accountability Mechanisms that go with This
- The End of the Beginning
- Where is India in Internet adoption?
- Impressive Piece of Work
- Grassroots Strategy for Mobile Phone Based Payments, Sighted in Africa
- A New Resource in Indian Business Cycle Measurement
- Parsing the Budget Announcements
- Hedging Using Derivatives
- Does unconventional monetary policy and unusual fiscal policy presage an upsurge in inflation?
- Need better information for minority shareholders
- Crisis at Satyam
- Crisis watch, 20 November
- A few currency crises coming together?
- Cash crunch at real estate companies
- Will globalisation come apart?
- The currency futures market on 2 September
- Emphases certifications as a means to building human capital
- Responding to the credit policy announcement of yesterday
- An Additional Consideration in Thinking About Optimal Currency Areas
- What happened to global food prices?



















