Monday, 23 May, 2022
TopicRBI Governor

Topic: RBI Governor

Shaktikanta Das reappointed as RBI governor for three years

PTI -
With the second term of three years, Das will head the RBI till December 2024. The decision was taken by the Appointments Committee of Cabinet headed by PM Narendra Modi.

Fair, impartial auditing essential for resilient economy, says RBI governor Shaktikanta Das

PTI -
Speaking at the National Academy of Audit and Accounts, Das emphasised the need to improve the quality and depth of audit and said RBI has taken a host of steps in that direction.

Rising Covid cases cause for concern but won’t impact economic recovery, says RBI Governor

PTI -
Shaktikanta Das said a lockdown, like the one experienced last year, is unlikely and asserted there was no need for a downward revision of RBI's 10.5% GDP growth forecast for FY22.

RBI Governor Shaktikanta Das tests positive for Covid, will continue to work in isolation

PTI -
Shaktikanta Das says he is asymptomatic and has alerted those who came in contact with him in recent days.

India’s economic recovery to be gradual, says RBI Governor Shaktikanta Das

Remya Nair -
The RBI governor's remarks come at a time when the Finance Ministry has expressed optimism about the Indian economy witnessing a V-shaped recovery

Mega projects can reignite economy but infra NPAs for banks remains high, says RBI governor

Remya Nair -
In an address to the CII, Das stressed the need for alternative sources of infra financing, and pushed for early completion of FTAs with US, UK and EU.

Any govt unlikely to pursue meaningful privatisation of banks — ex-RBI governor Urjit Patel

Remya Nair -
In his book released Friday, Patel also wrote that governments use state-owned banks to pump-prime the economy during slowdowns and are unlikely to let go of this instrument.

Raghuram Rajan bats for quick reopening of economy, says India can’t support poor for long

Remya Nair -
Speaking to Congress leader Rahul Gandhi, RBI ex-governor Raghuram Rajan stressed India needs to manage reopening well, said further lockdowns after reopening could be devastating.

Shaktikanta Das assures RBI will use any necessary means to preserve financial stability

PTI -
After the three-day Monetary Policy Committee (MPC) meeting which ended on March 27, the RBI reduced the key policy rate by 75 basis points.

RBI Governor says will have internal discussions for issues on SC order over telecom dues

PTI -
Supreme Court threatened contempt proceedings against Bharti Airtel, Vodafone Idea and other telecoms Friday for failing to comply with directive to pay past dues.
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Opinion

Inflation made luxury cars even more expensive but sales remain in fast lane. See Mercedes

Kushan Mitra -
For years, the luxury car market in India was biased towards the entry-level. But today, cars below Rs 40 lakh account for the smallest fraction of sales.
Representational image

Doomscrolling—why you continue to surf ‘depressing’ news and what you can do about it

Illustration by Ramandeep Kaur

Quad has a sea of challenges. Navy can take cue from a Maratha admiral who sank English ships

Economy

World’s $300 trillion in debt. Here’s what it means for services like health, education

Victoria Masterson -
To meet debt payments, at least 100 countries will have to reduce spending on essential services, the IMF estimates.

Defence

File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

India to ink ‘repeat order’ deal for 73,000 SiG 716 rifles from the US

Snehesh Alex Philip -
In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.

National Interest

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

Shekhar Gupta -
That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.

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