Prime Minister Narendra Modi and Congress leaders Sonia Gandhi and Mallikarjun Kharge were among the top leaders who paid homage to former prime minister Manmohan Singh at his home in New Delhi on......
SEBI chairperson Madhabi Puri Buch skipped a Parliament's Public Accounts Committee meeting on Thursday, prompting panel head K C Venugopal to postpone the sitting, with NDA members accusing him of......
Dr T V Somanathan is the first finance secretary to be appointed Cabinet secretary since 1985.His appointment at this juncture seems to carry much meaning for the forthcoming trajectory of reforms......
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister......
'We are going to need more technical people in government.''You can't expect a generalist to understand the complicated world of financial engineering.''I regret to say that most of our politicians......
Whether the Reserve Bank of India should target a particular level of inflation in its monetary policy or not has many disagreeing, including some prominent names. Doing so (i.e. targeting......
The Reserve Bank on Monday said asset quality of banks improved further and their gross non-performing assets (GNPA) or bad loans ratio declined to a 12-year low of 2.6 per cent in September 2024......
To ease the potential liquidity stress, the Reserve Bank on Friday slashed Cash Reserve Ratio (CRR) by 50 basis points to 4 per cent, a move that would unlock Rs 1.16 lakh crore bank funds.......
RBI Deputy Governor Swaminathan J has asked banks to follow KYC guidelines with both "precision and empathy", failing which regulatory actions will be taken against them by the central bank.......
While liquidity in the banking system has turned surplus in the last few weeks, it could go back to deficit again, mainly due to corporate advance tax outflows. Illustration: Uttam......