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Economy

Explained: Why Modi govt cut GDP growth rates for previous years

Economy

29 November, 2018

Explained: Why Modi govt cut GDP growth rates for previous years

There was a time when only economists and academics fretted over economic indicators like gross domestic product (GDP). But not ......

RBI agrees to ease liquidity for financial sector, increase credit for SMEs

Economy

19 November, 2018

RBI agrees to ease liquidity for financial sector, increase credit for SMEs

The board of the Reserve Bank of India (RBI) on Monday agreed to ease liquidity for the financial sector and ......

India to sell 'enemy shares' to bridge revenue shortfall

Economy

09 November, 2018

India to sell 'enemy shares' to bridge revenue shortfall

India’s government said it will sell stocks worth millions of dollars seized from people who moved to Pakistan following partition ......

US Fed leaves rates unchanged but on track for further tightening

Economy

09 November, 2018

US Fed leaves rates unchanged but on track for further tightening

The U.S. Federal Reserve held interest rates steady on Thursday but remained on track to keep gradually tightening borrowing costs, ......

RBI governor Urjit Patel could resign on 19 November: Report

Economy

08 November, 2018

RBI governor Urjit Patel could resign on 19 November: Report

Reserve Bank of India (RBI) Governor Urjit Patel could resign at the central bank’s next board meeting on 19 November, ......

Govt set to put more pressure on RBI governor Urjit Patel

Economy

06 November, 2018

Govt set to put more pressure on RBI governor Urjit Patel

The Indian government intends to keep pressing demands for the country’s central bank to relax lending curbs and hand over ......

India October services output growth quickens to three-month high

Economy

05 November, 2018

India October services output growth quickens to three-month high

Activity in India’s dominant services sector increased at its fastest pace in three months in October, driven by a strong ......

Why PM Modi wants to increase control over the RBI

Economy

02 November, 2018

Why PM Modi wants to increase control over the RBI

An incendiary speech by a top Reserve Bank of India (RBI) official last Friday blew the lid off an increasingly ......

Govt says RBI autonomy 'essential' amid reports that governor Urjit Patel may resign

Economy

31 October, 2018

Govt says RBI autonomy 'essential' amid reports that governor Urjit Patel may resign

The government stressed on Wednesday that the autonomy of the Reserve Bank of India (RBI) is "essential" as it sought to calm ......

Finance minister Jaitley slams RBI as rift between govt, central bank deepens

Economy

30 October, 2018

Finance minister Jaitley slams RBI as rift between govt, central bank deepens

India’s finance minister Arun Jaitley criticised the Reserve Bank of India (RBI) for failing to prevent lending excess in a ......