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......
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......
The RBI raked in a massive net income gain from foreign exchange currency sales as a buffer for the rupee during tumultuous geopolitical upheavals last year owing to Russia's invasion of Ukraine.......
While the fiscal year has just begun, any windfall surplus will be welcomed by the government as it bids to meet the fiscal deficit target of 5.9 per cent of GDP, amidst lack of clarity on exactly......
The speed at which he led the central bank in different areas -- ranging from internal reorganisation to inflation fighting, stabilising the currency, taking on rogue corporations, cleaning up bank......
Shaktikanta Das is a master of the finest balancing act who listens to all but takes his own decisions, discovers Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com The 87-year-old......