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Saturday, April 27, 2024
TopicRBI

Topic: RBI

Modi govt seeks to ease RBI standoff after citing never-used Section 7

Section 7 of the RBI Act empowers the government to consult & instruct the governor to act on issues that it considers to be in the public interest.

Govt has nurtured and respected the autonomy of RBI: Arun Jaitley

The finance minister said that RBI's autonomy, within the framework of the RBI Act, is an essential and accepted governance requirement.

Modi govt cites never-used powers for resolving issues with RBI

The finance ministry and RBI are said to have differed on the central bank's handling of weak public sector banks.

Section 7 of RBI Act — Modi govt’s ‘secret weapon’ against the central bank

In light of the very public row between the Modi govt and RBI over the latter's NPA rules, there's been talk that the govt could invoke Section 7 of RBI Act.

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

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

Is Viral Acharya speech just another fight or shows Modi govt’s inability to work with RBI?

RBI deputy governor Viral Acharya lashed out at the government for trying to undermine the authority and curb the independence of the central bank...

5 reasons why the RBI and Modi govt are at loggerheads

From a banking crisis to interest rates, the RBI has often found itself on opposing sides to the Modi government this year.

We might be headed towards a massive showdown between Narendra Modi govt and Urijit Patel’s RBI

Patel is under pressure for further tightening the screws on undercapitalised banks and errant corporate borrowers that are worried they may lose prized assets.

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

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

Govt & RBI must quell speculation about ‘deteriorating relationship’

The 50-word Edit — ThePrint view on the most important issues, instantly.

On Camera

Instagram reels on stoicism are the new rage — they can battle burnout and bigotry

The Romans’ version of stoicism is rapidly picking popularity on Instagram — Marcus Aurelius, Epictetus, and Seneca are some names that get thrown at you when you fire up your screen.

Government allows export of onions to six countries, sets buffer stock target

The government had imposed an export prohibition in order to ensure adequate domestic availability of onions in the country.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

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

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.