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......
Rebutting the allegations of 'stealing' money from the central bank, finance minister Nirmala Sitharaman on Tuesday said the Congress leader should have had consulted his own past finance......
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.......
Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will......
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......