If the concerns over risking political capital are overcome, the long-term gains for the Indian economy will be immense, asserts A K Bhattacharya. IMAGE: Narendra D Modi during the National......
It is thanks to the policy of liberalisation conceived by Manmohan Singh and enforced by P V Narasimha Rao that the Indian economy has now become the world's 5th largest economy by nominal GDP,......
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,......
‘Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the......
President Xi Jinping on Wednesday expressed "deep concern" over the security of Chinese nationals working in Pakistan on the CPEC projects and sought "reliable and safe environment" for them during......
Even as the high inflation figure for October has ruled out any possibility of a rate cut by the Reserve Bank of India’s (RBI’s) monetary policy committee (MPC) in December, a rate cut......
'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.''The Indian economy and financial sector are now well-placed and very resilient in dealing with......
One of the deputy governors, Michael Patra's term ends on Jan 15. Photograph: Francis Mascarenhas/Reuters The government has invited applications for the post of deputy governor of the Reserve......
The RBI is fully aware that the high-cost loans and high indebtedness of the borrowers could pose financial stability risks, if not addressed by these NBFCs. Governor Shaktikanta Das has issued a......
Benchmark equity indices Sensex and Nifty pared early gains to settle lower on Wednesday due to late selling in index major Reliance Industries, ITC and HDFC Bank even as the RBI took the first......