Telugu Desam Party MP Venugopal Reddy, who was involved in a fracas over Telangana bill in the Lok Sabha today, termed as a "lie" the allegation that he was carrying a knife inside the House and claimed that he was assulated by 10 members.
Perhaps because the Modi government had some differences of opinion with two of the economist governors (one of whom was appointed by the Manmohan Singh government), there is a view that its political leadership prefers a civil servant to head the RBI, notes A K Bhattacharya.
Andhra Pradesh home minister Mekathoti Sucharitha hoisted the National Flag at the Jinnah Tower.
Facing flak over his pepper spray attack in Lok Sabha during introduction of the Telangana Bill, Seemandhra MP L Rajagopal on Friday regretted the act, but maintained that he had done it in self defence.
Panel to recommend sharing of divisible resources between states and the Centre from 2015 to 2020.
"He (RBI governor Duvvuri Subbarao) has explained the position. I think the governor's statement is very balanced, very appropriate as far as I could understand," Reddy said.
Tobin Tax has immense potential when used along with complementary policies such as counter-cyclical and macro-prudential measures.
Despite ideological differences, the former RBI governor gives credit to political management by Delhi for protecting India from the full impact of the trans-Atlantic financial crisis.
For the financial sector to serve the real sector, yesterday's beliefs offer no road map for tomorrow's policy options, says Yaga Venugopal Reddy.
The fear of an economic slowdown has led to increased attention on interest rates movements all over the world.
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Telangana issue rocked Parliament on Monday with Lok Sabha Speaker Meria Kumar taking the unprecedented step of suspending nine members -- four of Telugu Desam Party and five Congress -- from Andhra Pradesh for creating "grave disorder".
Former Reserve Bank of India governor Yaga Venugopal Reddy said he would have preferred a tighter monetary policy as managing inflation and inflationary expectations were crucial to keep the economy growing.
Reserve Bank Governor Yaga Venugopal Reddy on Tuesday ruled out a crisis similar to the US sub-prime impact in the country, but hinted at more liquidity tightening measures from the regulator. He also said the regulator has seen simultaneous volatility in money, credit and currency markets, asset prices and food items, adding that "RBI is on a major extra-ordinary vigilance," to face these issues.
This Statement consists of two parts: Part I. Annual Statement on Monetary Policy for the Year 2007-08; and Part II. Annual Statement on Developmental and Regulatory Policies for the Year 2007-08.
Come January 31 and the RBI will announce its credit policy. To help you understand it, Get Ahead cuts through the RBI jargon.
The RBI has announced its credit policy last week and auto financiers believe that consumers should 'wait and watch' before the interest rates on auto loans settle down.
'Interest rates will depend on the respective banks depending upon their deposits. We will get a clearer picture from the banks in the coming days,' says Y V Reddy.
The commerce minister ought to seek validation for his incentives with the finance ministry.
Dr Y Venugopal Reddy, Governor of Reserve Bank of India, in a meeting with chief executives of major commercial banks on Tuesday presented the Mid-Term Review of the Annual Monetary and Credit Policy for the Year 2006-07.
The central bank has also left the Bank Rate and the Cash Reserve Ratio unchanged at 6 per cent and 5 per cent, respectively, in the annual policy announcement 2007 released on Tuesday.
The Parliament was rocked by Telangana issue again on Monday, prompting Lok Sabha Speaker Meira Kumar to take the unprecedented step of suspending nine members from Andhra Pradesh for five days, the second time in the same session.
Reserve Bank of India Governor Yag Venugopal Reddy presents the First Quarter Review of Annual Statement on Monetary Policy for the Year 2006-07.
In a free-wheeling interview with Business Standard, Reddy discusses a range of issues -- from corporate exposure to stock markets to asset bubbles -- in certain sectors.
Y V Reddy on Saturday took over as the governor of the Reserve Bank of India.
Y Venugopal Reddy, currently executive director of International Monetary Fund will be the new Governor of Reserve Bank of India, succeeding Bimal Jalan.
The government on Monday approved the appointment of B P Mishra as the new executive director of International Monetary Fund.
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