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Now that RBI’s Shaktikanta Das has accepted the slowdown, how can we revive the economy?

The Reserve Bank of India Thursday cut the benchmark repo rate by 25 basis points to 6 per cent in its first bi-monthly monetary policy review.
File image of C.D. Deshmukh

Remembering CD Deshmukh, RBI’s first Indian governor

On his 123rd birth anniversary, ThePrint takes a look at the life of the civil servant who was also Union finance minister and Planning Commission member.
File photo Shaktikanta Das | PTI photo

Shaktikanta Das expected to play it safe at his first RBI board meeting tomorrow

RBI board is likely to sign off on terms of reference of the committee that will look into the issue of transfer of surplus RBI reserves.
RBI Headquarters in Mumbai

Narendra Modi government now has a great opportunity to reform RBI

Long-term reform requires a vision and the willingness of the government and the new RBI Governor to risk political capital.
Shaktikanta Da

Indian bonds rally amid hope of dovish monetary policy as new RBI chief takes charge

The new RBI chief Shaktikanta Das comes in at a time when inflation is trending lower in India amid an easing in food and energy costs.
Shaktikanta Das

Reading the mind of the new RBI Governor, one tweet at a time

Shaktikanta Das has served under the Modi government but civil servants appointed to the post of RBI governor don't always toe the line. 
File photo of Shaktikanta Das | Kiyoshi Ota/Bloomberg

RBI chief Shaktikanta Das faces a long to-do list in new job

Das’s first test comes on Friday when the RBI board is due to meet.

Shaktikanta Das, the man who spearheaded demonetisation, is new RBI governor

A retired IAS officer, Shaktikanta Das was economic affairs secy during demonetisation, and faces a host of challenges left behind by Urjit Patel.
Shaktikanta Das is one of the candidates to be selected as the next RBI interim governor

Who will be the next RBI Governor? Some early candidates

The first step is for Prime Minister Narendra Modi to appoint an interim governor.

Urjit Patel quits: Cry for RBI autonomy or inability to work with Modi govt on economy?

The Reserve Bank of India Governor Urjit Patel resigned from his post Monday citing “personal reasons”, ending weeks of speculation and a rather public feud with Prime Minister Narendra Modi government over a range of issues. Patel’s 3-year term was to expire in September 2019. Former RBI Governor Raghuram Rajan said the resignation should be read as a “statement of protest”. ThePrint asks: Urjit Patel quits: Cry for RBI autonomy or inability to work with Modi govt on economy? Last fig leaf that Modi govt is pursuing — sensible liberal economic policies — is now gone Vivek Dehejia Resident senior fellow, IDFC Institute, Mumbai Urjit Patel’s resignation as RBI governor is nothing short of a catastrophe for sensible economic policy in India. Patel had been holding out, correctly, for the functional autonomy of the RBI to set monetary policy and ensure financial stability, and, correctly, resisting the government’s attempts to whittle away that autonomy and convert the RBI into a board-run...

On Camera

CJI Gogoi

Is Supreme Court handling sexual harassment allegation against CJI Ranjan Gogoi correctly?

Two advocates Monday wrote to the Bar Council of India criticising it for its support to CJI Ranjan Gogoi and called the hearing a ‘travesty of justice’.

Defence

Indian Coast Guard

Indian Coast Guard increases maritime surveillance following Sri Lanka blasts

More ships and aircraft have been deployed to ensure India faces no security threat after a series of blasts killed 290 in Colombo, a Coast Guard official said.
Graphic by Soham Sen | ThePrint

Modi & Shah have turned India into ‘Jingostan’ & are out to conquer the paranoid country

The Modi-Shah BJP has resurrected dangers & the enemy from the past, and built a scary jingoism. It’s a great diversionary tactic, but it never ends well.