Topic: RBI
‘Govt sabotaging atmanirbhar plan’ — farmers criticise masoor duty cut as global prices rise
Modi govt reduced the import duty on masoor to less than half on 2 June. Farmers and traders allege move is to aid influential trading groups.
India’s foreign exchange reserves rise $3.43 billion to $493.48 billion
During the week ended 29 May, RBI data showed foreign currency assets, a major component of the overall reserves, increased by $3.50 billion to $455.21 billion
Economics not over health: SC after RBI says interest waiver will affect banks
The court allows Centre time to file a response on behalf of the RBI and finance ministry after plea says RBI’s 27 March circular didn't serve 'economic justice'.
Uday Kotak to sell 2.8% stake in Kotak Mahindra Bank for at least Rs 6,800 crore
Currently, Kotak and his family holds 28.8 per cent stake in the bank as against the RBI mandate of 26 per cent.
Jaimini Bhagwati says world should demand transparency from China, NN Vohra on US-WHO tussle
Today's political, economic & strategic punditry from Krishna Kumar, Arghya Sengupta, Duvvuri Subbarao & more.
Future actions to stimulate economy will depend on how Covid-19 crisis pans out: Sitharaman
Finance Minister Nirmala Sitharaman's statements came a day after the RBI projected economic contraction in 2020-2021.
A ‘hurt’ elephant, Modi’s economic instinct and Covid-19 masks for Zee News
The best cartoons of the day, chosen by the editors at ThePrint.
RBI rate cut, moratorium extension will help, but only revival of production & demand will boost economy
ThePrint view on the most important issues, instantly.
You don’t have to pay term loan EMI for 3 more months, with no impact on credit history
RBI has said opting for the EMI deferment until August 31 won’t hurt borrowers’ credit history, but interest will keep accruing on these loans.
RBI cuts lending rate by 40 bps to record low, says Indian economy will shrink this fiscal
In his statement, RBI governor Shaktikanta Das said inflation will remain high in the first half of the fiscal, but will stay below the 4% target later.
Few things tie Modi’s India and Imran’s Pakistan like their love-hate for foreign invasion
Be it Hindutva ideologues condemning the wicked foreign invader or Imran Khan hailing Turkish imperial rule, both want to reinforce that going forward means going backward.
Harsh Vardhan questions Delhi govt: Is Arvind Kejriwal failing in handling Covid-19 crisis?
Union health minister Harsh Vardhan Thursday raised concerns about rising Covid cases and low testing levels in Delhi.
Defence
‘April status quo’ discussed as India, China generals hold 7-hour meeting over Ladakh
The formal meeting between the top military officers of India and China started around 11.30 am and is believed to have lasted until the evening.
Why Modi doesn’t feature in a list of India’s reformist prime ministers
Despite big ideas, Modi comes off poorly as a reformer, because his bureaucrats lack the motivation to push reforms and are beginning to enjoy unbridled power.