Govt wanted Rs 3 lakh cr from RBI ahead of 2019 polls: Ex-Deputy Guv

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,......

Full text: President Murmu's address to Parliament's Budget Session

‘Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the......

'Deeply concerned' about security of Chinese in Pakistan, Xi tells Sharif

President Xi Jinping on Wednesday expressed "deep concern" over the security of Chinese nationals working in Pakistan on the CPEC projects and sought "reliable and safe environment" for them during......

Why Indians Study Medicine In Ukraine

'With over 50 per cent of medical seats reserved for those who have the ability to pay a fee ranging from Rs 50 lakh to Rs 1.5 crore for a five-year MBBS course and quotas in accordance with......

'Crypto is serious threat to financial stability'

'What is this cryptocurrency? Is it a product? Is it a financial product? Is it an asset?' Photograph: Kind courtesy The Digital Artist/Pixabay Shaktikanta Das, governor of Reserve Bank of India......

RBI keeps repo rate unchanged at 6.5% once again

The Reserve Bank of India on Thursday decided to keep policy rate unchanged for the sixth time in a row as it maintains a tight vigil on inflation. Photograph: PTI Photo from the Rediff Archives......

'Disinflationary stance allows for rate cuts'

'Investment creates capacity and reduces inflation. Income, employment, and savings rise.' Illustration: Dominic Xavier/Rediff.com Ashima Goyal, an external member of the RBI's monetary policy......

Is Nirmalaji A Believer In Numerology?

How does one explain the estimated capex of Rs 1,111,111 crore, wonders Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com   The Interim Budget for FY25 on Thursday continued to......