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......
Perhaps because the Modi government had some differences of opinion with two of the economist governors (one of whom was appointed by the Manmohan Singh government), there is a view that its......
'RBI supervision is much sharper today than what it was earlier.' IMAGE: Shaktikanta Das leaves the Reserve Bank of India after two terms as governor. Photographs: ANI Photo Outgoing......
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.......