Sunday, 26 June, 2022
TopicCentral banks

Topic: Central banks

RBI becomes world’s first monetary authority with a million Twitter followers

India's monetary authority has beaten the US Federal Reserve and European Central Bank on Twitter by emerging as the most popular central bank on the microblogging site.

Ex RBI Viral Acharya: Govt pressure on central banks can lead to kiss of death from markets

In his book, Quest for Restoring Financial Stability in India, the ex RBI deputy governor lists the ongoing challenges to RBI’s independence and how markets can ensure it.

How central banks around the world should respond to the coronavirus crisis

To avoid repeating the errors of the 2008 global financial crisis, central banks have to combine stimulus with a range of structural reforms.

China plans its own digital currency as global competition heats up

The People's Bank of China is accelerating the launch and will conduct trials across several cities, according to the state-run Global Times. Internet giants Alibaba and Tencent are expected to participate too.

Central banks are waking up to climate-change dangers. Is RBI listening?

Financial institutions and their clients are facing an increased risk of litigation for their failure to manage risks associated with climate change.

Why central banks are increasingly coming under attack from politicians

Rise of elected populist leaders and flailing economies are pushing the political establishments to reduce the autonomy of the central banks.

Central banks can no longer ignore human rights while making decisions

Central banks need to consider how factors like food production, migration, access to food, housing and jobs influence demand, and government deficits.

It’s not just RBI, central banks around the world are on alert as economic warnings flash

World Bank lowered 2019 growth forecast to the weakest since the financial crisis & monetary policy makers are seeking to shore up growth & inflation.

Why political meddling with central banks, like in India, is a terrible idea

Undoing the consequences of political meddling and restoring faith in a central bank – and the country’s currency – often requires a lot of short-term pain.

India joins world’s central banks in increasing gold bullion reserves

Experts say the RBI’s gold purchases are part of a wider picture developing across economies that is looking at de-dollarizing their forex reserves.

On Camera

YourTurn

A Wimbledon court | Twitter/Wimbledon

Not Russia, a point-less Wimbledon 2022 affects young tennis players most

Young underdogs have often defeated tennis titans. But Wimbledon 2022 removing ranking points sets them back instead of making a geopolitical impact.
Credit: ThePrint team

‘All about helping Rajni’ — tech gurus at iSPIRT quietly power India’s digital revolution

With the fictitious Rajni from rural India as its guiding light, iSPIRT has been using internet & software to change structure of country’s economy, with aim to improve quality of life.

Defence

The Indian Air Force logo | Commons

Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations

These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.
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