'The PCA framework was revised and tightened in April 2017, but there was no discussion in any board meeting. The government does not know the rationale behind revising the framework and how the RBI arrived at it. Similarly, there was no discussion in the board meeting on the revised NPA framework,' said an official.
While there are several instruments in the RBI's disposal, the most effective one for infusing durable liquidity is bond purchase from the secondary market
Siddharth Nigam is a trained 13-year-old gymnast from Allahabad.
Pakistani troops on Friday resorted to mortar shelling and firing on the Line of Control in Jammu district, the second ceasefire violation in two days ahead of a crucial meeting of the Directors General of Military Operations of the two sides aimed at easing tensions along the ceasefire line.
RBI in wait and watch mode as several risks to inflation continue to exist including a sudden reversal of food prices and oil price volatility.
Shameem Akthar, yoga acharya trained with the Sivananda Yoga Vedanta Center, shows you five simple yogic face-lift practices that can be practiced anywhere, anytime.
The pleas also include a separate petition alleging hate speeches by other political figures including Congress party's Sonia Gandhi, Rahul Gandhi and Priyanka Gandhi Vadra.
To be built at a cost of Rs 100 crore, the five-storied and 222-feet tall temple will come up at a sprawling campus spread over 15 acres at a place near Ismailpur village on Hajipur-Bidupur road, which will be christened as Angkor Nagar, BMMT's secretary and ex-IPS officer Acharya Kishore Kunal said.
Check out the star arrivals.
Usually, the chair in the Upper House reads out obituary references before members rise as a mark of respect to the memory of the departed.
B V Acharya, one of the senior most advocates in Karnataka, resigned as the advocate general on Wednesday. There is no one reason been given for the resignation and the former two time AG also does not spell out the real reason for him quitting.
Contradicting Chief Minister D V Sadananda Gowda's claims, former advocate general B V Acharya insisted that he resigned after the government pressured him to quit as the special public prosecutor in the wealth case against Tamil Nadu Chief Minister Jayalalithaa.
Six persons were killed and several others injured on Tuesday when a stampede broke out at an ashram in Chandidweep area in Haridwar, official sources said.
More troubles are brewing for yoga guru Ramdev after the CBI registered a case against his close aide Acharya Balkrishan, with Enforcement Directorate probing the funding part of his business empire, that includes cash-rich trusts.
'At this point of time, West Bengal is doing better than other states in tackling the crisis. We have a chief minister who herself has hit the streets to do what is to be done, and at the same time ensuring a proper lockdown. She is also trying day and night to set up the requisite infrastructure.'
The meeting came amid a face-off between the central bank and the finance ministry over issues ranging from appropriate size of reserves that RBI must maintain to ease of lending norms to step up growth in an election year.
The reform priorities are clear: enhance savings, improve productivity. Just 25 basis points of moving interest rate up or down would not boost investment: Former RBI Governor Y V Reddy.
In an unusual pilgrimage, A Ganesh Nadar visits a war memorial that doesn't allow us to forget the sacrifices of India's martyrs.
To a specific question on the change in RBI's stance from "neutral" to "accommodative", Das said it means that there will not be any rate hike from here on.
The government must set up a Bank Investment Company to shrink its role in PSBs, if we are serious about tackling the two persistent issues - lax corporate governance practices and discretionary decision-making, says Shyamal Majumdar.
A case of sedition against yoga guru Baba Ramdev has been filed in a local court in Patna on Thursday.
Pakistani troops opened heavy fire on Hamirpur and Balakote border belts along the Line of Control in the Poonch district of Jammu and Kashmir and also pounded civilian areas of Mankote and Mendhar belts here, an army official said on Monday.
Security forces gunned down a Lashkar-e-Toiba militant in a fierce gun battle in the border district of Poonch in Jammu and Kashmir.
Reader Sandeep Acharya met former India pacer Irfan Pathan at Bangalore International Airport.
In a pre-Budget meeting with Finance Minister Nirmala Sitharaman, the corporate leaders highlighted several issues, including certain income tax matters which were coming in the way of mergers and acquisitions or slowing them down and roles that need to be played by state businesses to prosper at the ground level.
In a relief for Railway Minister D V Sadananda Gowda's son Karthik declared absconding, a court on Monday granted him anticipatory bail in a case relating to alleged rape, kidnap and cheating of a Kannada starlet.
It's time to celebrate with the Secret Superstar team!
The latest balance of payments data released by the Reserve Bank of India (RBI) last week indicate that the CAD in fiscal 2010-11 could be anywhere between 3.5 and 4.0 per cent of gross domestic product (GDP).
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