At a pre-Budget meeting, the FM was asked to ensure that NBFCs come out of the liquidity crisis they are facing with the help of RBI. They also spoke about the futility of trying to achieve a 3 per......
'RCEP may be in India's long-term interest, but it is certainly not in India's short-term and medium-term interest.' IMAGE: Prime Minister Narendra Modi Damodardas with other world leaders at the......
Bhalla will succeed former RBI deputy governor Subir Gokarn, who died in the US on July 30 after a brief illness. Eminent economist Surjit S Bhalla was on Tuesday appointed as the executive......
The central bank is not statutorily independent from the government, but it enjoys broad autonomy in setting monetary policy. Image: Finance Minister Arun Jaitley (L) and RBI Governor......
There are, alas, only two instruments that a government has to tackle a negative or a positive bubble -- monetary and fiscal. Alas, also, the Indian authorities seem to be only aware of positive......