R. Gurumurthy

R. Gurumurthy

Gurumurthy, ex-central banker and a Wharton alum, managed the rupee and forex reserves, government debt and played a key role in drafting India's Financial Stability Reports.

Who Wants to Be a Bank CEO?

Are regulation, rising complexity and weak succession pipelines shrinking banking’s leadership pool?

R. Gurumurthy

August 27, 2026 at 6:34 AM IST

Article related image

iStock.com

Words as Fossils: The Secret History Hidden in Everyday Speech

Basis Life

From Roman elections and medieval prejudice to forgotten gods and discarded science, everyday words preserve the hidden histories, beliefs and biases of vanished worlds.

R. Gurumurthy

August 23, 2026 at 6:58 AM IST

Article related image

Via WikiCommons

RBI’s FCNR Reversal Puts Its Guidance Under Scrutiny

The RBI may have had sound reasons to close the FCNR(B) swap window early, but backtracking on a clear assurance undermines its policy guidance.

R. Gurumurthy

August 17, 2026 at 3:48 AM IST

Article related image

Istock.com

A Perfect Closing Price Is Not Enough

SEBI’s closing auction may improve price discovery, but early volatility shows that market confidence matters as much as the final price itself.

R. Gurumurthy

August 13, 2026 at 11:31 AM IST

Article related image

iStock.com

The Comforting Illusion of Purchasing Power

Purchasing power can adjust prices. It cannot adjust reality.

R. Gurumurthy

August 12, 2026 at 4:05 AM IST

Article related image

IStock/RealPictures

The Grime Behind the Dine

Basis Life

The meal may be sealed, spotless and trackable. The reusable bag carrying it home remains food delivery’s least visible hygiene blind spot.

R. Gurumurthy

August 8, 2026 at 5:31 AM IST

Article related image

Istock.com

Reopening the UCB Window: Is India Looking to the Past Instead of the Future?

The RBI’s plan to reopen UCB licensing revives an old institutional form even as governance, capital and scale constraints remain unresolved.

R. Gurumurthy

August 6, 2026 at 8:44 AM IST

Article related image

A Little Help for Japan and the Return of Managed Currencies

Reported US support for the yen is more than a market operation. It signals the return of coordinated currency management as economic statecraft.

R. Gurumurthy

August 5, 2026 at 3:36 AM IST

Article related image

White House/Via WikiCommons

When Eminence Is Not Enough

Opinion

HDFC Bank’s disclosure shows why eminent boards must be judged by their scepticism, regulatory clarity and willingness to intervene.

R. Gurumurthy

July 30, 2026 at 3:07 AM IST

Article related image

iStock.com

When Taxes Become the Hidden Architects of Financial Innovation

Taxes do more than raise revenue. They shape financial innovation, influence capital allocation and quietly determine how households and firms invest.

R. Gurumurthy

July 29, 2026 at 3:15 AM IST

Article related image

iStock.com

When the Investment Vehicle Becomes the Risk

A leveraged ETF’s collapse shows why investors must examine not only what they own but also the financial architecture through which they invest.

R. Gurumurthy

July 24, 2026 at 6:55 AM IST

Article related image

iStock.com

Platform No. 1: Reception This Way

Bhopal Metro's plan to rent stations for weddings exposes a deeper problem: India excels at building infrastructure but still struggles to build cities people can actually use.

R. Gurumurthy

July 18, 2026 at 5:39 AM IST

Article related image

Bhopal Metro

India’s Scientific Paradox: Brilliant at Solving, Not Yet Built for Discovery

India’s Olympiad triumphs reveal prodigious talent. Turning brilliant problem-solvers into discoverers requires institutions that reward dissent.

R. Gurumurthy

July 16, 2026 at 4:03 AM IST

Article related image

Istock.com

India’s Markets Should Make Ownership Cheaper Than Speculation

India’s tax system makes leveraged speculation cheaper than share ownership. Lower cash-market STT and curb incentives for ultra-short options.

R. Gurumurthy

July 14, 2026 at 11:21 AM IST

Article related image

istock.com

The Curry Leaf Crisis: When Even a Garnish Needs a Pedigree

Basis Life

A Mysuru vendor’s “naati” curry leaves turn a routine purchase into a wry reflection on authenticity, branding, and the real price of reassurance.

R. Gurumurthy

July 11, 2026 at 6:57 AM IST

Article related image

Istock.com

The Magellan Paradox Comes to India

SIPs are a powerful investing tool. But when human psychology, regulatory constraints and market structure collide, disciplined investing can become far less rewarding than the advertisements promise.

R. Gurumurthy

July 7, 2026 at 11:01 AM IST

Article related image

istock.com

RBI Fears the Crypto Risk, Parliament Sees the Future

India’s crypto debate is not really about Bitcoin replacing the rupee. It is about whether a country can protect financial stability without missing the next transformation in finance.

R. Gurumurthy

July 4, 2026 at 9:29 AM IST

Article related image

iStock.com

Reading Between the Charts: What RBI's Financial Stability Report Really Says

The RBI's Financial Stability Report reassures on the surface. Its charts, however, reveal a more complex story of policy, markets and risk.

R. Gurumurthy

July 2, 2026 at 7:07 AM IST

Article related image

istock.com

Your Dopamine Order Is Out for Delivery

A Korean website where imaginary meals never arrive reveals a deeper truth: anticipation, not consumption, has become the modern economy's currency.

R. Gurumurthy

June 28, 2026 at 12:47 PM IST

Article related image

AI Generated

When Too Many Board Seats Become a Corporate Governance Problem 

Board limits mean little if directors can accumulate endless advisory roles. Good governance depends on engagement, not the number of prestigious names. 

R. Gurumurthy

June 25, 2026 at 6:43 AM IST

Article related image

Istock.com

The Bureau

UPI & RuPay Payments May Soon Cost You: — Here’s What Could Change
Video Thumbnail
The Foster Mother of Lodhi Garden
Image