Economy
Economy
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 ......
Economy
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 ......
Economy
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 ......
Economy
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, ......
Economy
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, ......
Economy
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 ......
Economy
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 ......
Economy
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 ......
Economy
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 ......
Economy
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 ......