The Reserve Bank (RBI) resisted a 'raid' planned by some in the government to extract Rs 2-3 lakh crore from its balance sheet in 2018 to meet populist spending in run-up to general elections,......
The idea of weaponization got a fillip from an unexpected quarter.In the last week of October 1985, Rajiv met US President Ronald Reagan.Reagan told Rajiv, 'Pakistan has already made a bomb.'When......
Photograph: Kamal Singh/PTI Photo Union minister Piyush Goyal on Friday dubbed Nobel laureate economist Abhijit Banerjee as 'Left-leaning', and said as his suggestion of basic......
Almost nine months after their first open letter, the group of 14 eminent Indians on October 3 dashed off a second open letter to the government. Apart from being more elaborate than the previous......
Prime Minister Manmohan Singh's media advisor and spokesperson Sanjaya Baru's new book is creating a buzz and is certainly going to be liked by his boss.The 52-year-old'slatest bookStrategic......
The Reserve Bank on Wednesday approved the highest-ever dividend payout of Rs 2.11 lakh crore to the central government for 2023-24, a decision which will help better manage the fiscal deficit.......
The RBI was not party to the decision to demonetize 500 and 1,000-rupee notes, which was taken at the highest level of India's political leadership. A fascinating excerpt from Gokul Rathi's......
The RBI raked in a massive net income gain from foreign exchange currency sales as a buffer for the rupee during tumultuous geopolitical upheavals last year owing to Russia's invasion of Ukraine.......
While the fiscal year has just begun, any windfall surplus will be welcomed by the government as it bids to meet the fiscal deficit target of 5.9 per cent of GDP, amidst lack of clarity on exactly......
The speed at which he led the central bank in different areas -- ranging from internal reorganisation to inflation fighting, stabilising the currency, taking on rogue corporations, cleaning up bank......