Barring stray references such as the 'dual control' of banks and shifting the goalposts during demonetisation, he is not in a fault-finding mode with the government, notes Tamal Bandyopadhyay.
Emphasising that revival of growth should be the number one priority of the RBI at this time, industry groups said apprehensions about inflation rearing its head again may prove to be misplaced.
From promoters losing their firms to consumers realising there are no free lunches, 2019 was a year of getting real,says Shailesh Dobhal.
India Inc on Wednesday said it looked forward to the new RBI Governor Raghuram Rajan initiating cut in interest rates and improving credit flow to crucial sectors like infrastructure to put economy back on high-growth path.
Inflation dipped to a five-month low of 5.19 per cent in July mainly on account of decline in prices of some food articles, vegetables and protein rich items.
RBI has taken a balanced approach in the credit policy considering various developments across the globe and their near term impact.
'GST will bring in much needed transparency and higher investments in the coming years and we hope that a few percentage points to India's GDP.'
Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.
Branch additions for most major banks in the current financial year do not correspond to the number of the past two years.
The suspected security breach happened through a malware in the systems of Hitachi Payments Services, which serves ATM network of Yes Bank
A glance back at some of the important ups and down Indian Inc faced in 2018.
RBI has cut the rates thrice so far in 2015 by 25 bps each.
Expressing disappointment over the hike in repo rate by the RBI, India Inc on Friday said a rate cut by the bank would have helped ameliorate sentiments as businesses are "reeling" under a tight liquidity crunch due to high cost of capital.
'The producer will wear these gold ornaments, but they will not part with Rs 30,000 or Rs 50,000 to pay the writer.'
The top posts on social media from your favourite Bollywood celebrities.
'She was either overconfident that nothing will happen to her or she underestimated the gravity of the allegations.'
11 of top 20 celebs see decline in earnings.
Bajrangi Bhaijaan was Bollywood's biggest hit this year.
Happy at the clear mandate given by voters to the BJP-led NDA, India Inc on Friday exuded confidence that Narendra Modi will initiate bold and decisive policy reforms to promote economic growth.
Brothers is loud, over-the-top and an exhausting watch, says Raja Sen.
Singer Kavita Seth tells us what kind of songs she loves to sing -- and then even sings them!
