'It is far too early to celebrate the numbers.''They are still fairly weak compared to the pre-pandemic level.' *IMAGE: Celebrations at the Bombay Stock Exchange after the Sensex surpassed 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......
Gokarn was the first Indian central banker who regularised warnings to the government, through the monetary policy statement, on the need to reduce fiscal deficit. Former Reserve Bank of India......
The friction with the political class is not only about interest rates and monetary policy.While the government often spoke freely about its discomfiture, the RBI had to be careful even in its......
'Governments that did not respect the central bank's independence would sooner or later come to rue the day they undermined the institution,' RBI Deputy Governor Viral Acharya warned on Friday.The......