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 response to the government as any loose statement would affect the markets.
The good news for us is that India's economy - and sentiment about it - is much better than it was a year ago, says Jamal Mecklai.
Arvind Kejriwal led-Aam Aadmi Party on Thursday released the second list of candidates for the upcoming General Elections.
The Malayalam film has been in the news for all the wrong reasons.
'Trust your new governor,' Omkar Goswami advises RBI Deputy Governor Viral Acharya. 'Just because he is from the IAS and doesn't carry a PhD from a US university does not make him unsuitable for the task.' 'If anything, Das will pour oil on troubled waters, and save the RBI's reputation.'
'The Indian medical mission travelled thousands of miles to assist us and fought shoulder to shoulder with people of my father's generation against Japanese fascists. The fine representative, young Dr Kotnis gave his precious life in China,' Xi noted.
Given that the public is no longer willing to tolerate lack of transparency, politicians will see they have no alternative but to change, feels Raghuram Rajan, economic advisor to the prime minister. Interestingly, Professor Rajan made this hard-hitting speech at an event to release a book in Prime Minister Manmohan Singh's honour.
'RBI and the economy will gain tremendously from Urjit Patel's experience in both private and public sectors'
In a statement, the medical body said that the emergency services including casualty, labour rooms, emergency surgeries will function along with ICUs, CCUs, but no elective surgical case will be posted.
'The government should act proactively to instil confidence in the private investors, and also boost the purchasing power of people directly or indirectly by ensuring minimum wages.'
RBI has brought down forecasts of both year-end inflation and growth.
'We get to know secrets such as some of India's top-rated firms do not always make payments when due and many State-owned, listed, enterprises that borrow in bond markets default regularly.' 'Without naming the bank, he says that ever-greening of poor loans by a part of India's shadow banking lay at the doorstep of India's banking, notably 'one private bank'.' Viral Acharya's Quest for Restoring Financial Stability in India won't be music to many ears, observes Tamal Bandyopadhyay.
'80% of the rural and urban population don't have enough purchasing power.'
'We are by no means anywhere nearing having external financing difficulties or internal financing difficulties. The government's credit is solid, there is absolutely no difficulty for the government in borrowing and it is borrowing effectively from the public today in a fairly free public debt market,' the RBI governor tells a meeting in Washington, DC
Mithileysh Sathiyanarayanan from London writes about the lessons he learned from Dr Sharanya Rajan's commitment to work and society during the pandemic.
Fifty years ago today, December 25, 1972, Chakravarti Rajagopalachari, one of the titans of India's freedom struggle, passed into the ages. Kalki Krishnamurthy, who penned the Tamil classic Ponniyin Selvan among numerous other novels, describes his first glimpse of the man who would become an august national leader and his cherished role model.
At the launch of a breast cancer awareness app, Amitabh Bachchan spoke about fighting Hepatitis B and putting health first.
Deepa Gahlot picks 10 Web series that was worth the viewer's while.
November 8 marks 6 years after demonetisation. A K Bhattacharya reveals how the prime minister and the RBI worked together for months before Modi's 8 pm speech. A riveting excerpt from The Rise Of Goliath: Twelve Disruptions That Changed India.
'It is likely the government may opt for an IAS officer.' 'For the government, an IAS officer will be more easy to deal with,' notes A K Bhattacharya.
Governor Rajan can be more unambiguously pro-growth.
Palanivel Thiaga Rajan was on the hit-list, not because the chief minister was unhappy with his performance, but because there were constant complaints from other ministers that he was sitting on their files far too long, observes N Sathiya Moorthy.
India's lunar mission Chandrayaan-3 holds immense potential for gathering critical data and will significantly contribute to the understanding of the Moon, a former top National Aeronautics and Space Administration (NASA) official has said, describing India-United States space partnership further moving to the moon.
We need a change in mindset, says the RBI Governor.
With Raghuram Rajan not 'really there', the FinMin has decided to keep a watch on market developments this week with all key officials on the job.
'India's economic fundamentals are much too strong to be affected by his resignation,' says B S Raghavan.
Medical seats for under-graduates and post-graduates remaining vacant in the NEET era, together with the Centre 'freezing' the number of medical colleges and seats in (Dravidian) Tamil Nadu and the launch of the PM's 'Vishwakarma Scheme' for the nation's craftsmen, are all seen as a bid to further reverse the state's progressive socio-economic agenda of and its achievements of the past hundred-plus years, argues N Sathiya Moorthy.
'Here, after all, was a fine specimen of intelligence in the field that Adam Smith gave formal structure. And successful RR surely was as RBI chief.'
His chamber had a large photograph of Shiv Sena founder Bal Thackeray and a picture of Shinde's mentor Anand Dighe next to it.
Consumer prices were forecast to have risen 10.00 per cent annually last month, barely changed from the 10.09 per cent clocked in October.
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.
The impact of the national test among aspirants, people and several sections of society has been dealt with and the report is completely based on data and not on personal opinions, the panel head said.
'Cinema or the sentiment of a people, disgusted by contemporary politics and wanting to feel whole by collectively recalling a moment of great difficulty that was also a cause for togetherness?', asks Shyam G Menon.
ndependent of the political fallout, which Stalin has sought to arrest through the withdrawal of the measures as fast as they were introduced, there are concerns about the way those decisions came to be taken, without adequate application of mind, not in official terms but in political and electoral contexts, points out N Sathiya Moorthy.
As all roads lead to Vaastu building in Pali Hill, north west Mumbai, where Alia Bhatt and Ranbir Kapoor will wed, it's a good time to look up Raj Kapoor's grandchildren.
Regardless of who is right, Rajan has to quickly come to grips with a number of obvious challenges, ranging from the immediate to the medium term.
The report said that "we believe, institutions are more important than individuals" and ultimately what is important is the credibility and the independence of any institution and nothing else.
The Election Commission has a fight on its hand as candidates use ingenious methods to smuggle in money to Voters.
Himachal has a tradition of change in government after every elections and going by the trend, this time it is the turn of the BJP which is upbeat after exit poll results.
One reason for the surge in cases is the spread of infection at large weddings. Weddings turned out to be super spreaders.
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