UK judgment ‘victory for rule of law’, Lagarde’s challenges over ECB revolt, and the RBI’s waning independence

RBI’s waning independence: Last month the Reserve Bank of India announced it would transfer the government Inr1.76tn (around $250m) from its dividend income and by drawing down its reserves, raising questions over the central bank’s independence, itself a relatively recent development, writes Meghnad Desai. Read more.

Podcast

Public pensions – The shift into private markets: Brian McMahon, managing director in BNY Mellon’s alternative investment services department, speaks with Pierre Ortlieb, economist at OMFIF. They discuss the shifting nature of public pensions and their changing asset allocations. Listen to the recording.