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Friday, May 10, 2024
TopicFinance ministry

Topic: finance ministry

Former RBI chief on why governments and central banks differ so much

D Subbarao -
There is a price to pay, of course, for not falling in line with the government, writes D Subbarao.

Modi govt underplays rift with RBI after Viral Acharya’s fiery speech

Mahua Venkatesh -
Finance ministry officials say it's a healthy sign that the government and RBI are not on the same page. 

Indian Overseas Bank & Andhra Bank among 8 identified for merger by Modi govt

Mahua Venkatesh -
Finance Ministry sources say background work for the mergers — which includes finding the right match for these banks — has already started.

Politics is back to trump economics under Modi govt

Mihir Sharma -
RBI holding rates & govt cutting fuel prices show India is simply being buffeted by politics.

Tribunal members’ fight over pay-scale reaches Delhi high court

Kaveesha Kohli -
Delhi High Court issues notice to Centre after NCLT member Vijai Pratap Singh seeks pay parity with juniors.

India’s new solar safeguard duty may threaten PM Modi’s ambitious renewable energy plans

Anindya Upadhyay -
The development follows a decision earlier this week by India’s Supreme Court that overturned a lower court stay on the tariff.

To address bad loans, govt asks RBI to identify public sector banks that can be merged

Siddhartha Singh -
Govt has also asked RBI to suggest a time frame for the consolidation to create better-capitalised lenders and improve regulatory oversight.

RBI has been on the sidelines after the rupee hit 70

Kartik Goyal -
A finance ministry official indicated last week that it would not be a concern even if the rupee fell to 80 given the decline in peers.

Jaitley is in good health and will soon resume duties: Piyush Goyal

PTI -
Goyal was allotted finance ministry after Jaitley had to suspend duties because of health reasons.

Foreigners may not get GST refunds on goods yet, says finance ministry

Ashwini Shrivastava -
The system in India is unlike certain Western countries which provide tax refunds on goods purchased by foreigners.
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Opinion

What’s Xi Jinping doing in Europe? His goal is more strategic than economic

Swasti Rao -
India should aim to get European investments that are clearly no longer going to China. That is where the dots of its efforts to save Asia from China’s dominance converge at its most basic.

Nehru, Manmohan Singh harmed the cause of caste census. Rahul doing the same now

BJP is having a Haryana headache. Even if it wins, its image could still suffer a dent

Economy

Day after mass sick leave by employees, Air India Express fires crew members, cancels 85 more flights

Yuthika Bhargava -
About 300 employees had called in sick Wednesday, allegedly in protest against mismanagement of airlines. Remaining staff given ultimatum to rejoin work by end of Thursday.

Defence

SC to take up over 400 SSC officers’ plea seeking post-retirement benefits — ‘breach of Article 14′

Apoorva Mandhani -
The Short Service Commissioned officers are demanding pension and contributory provident funds rights. The plea also questions disparity with Permanent Commissioned officers.

National Interest

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

Shekhar Gupta -
A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.

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