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Tuesday, October 8, 2024
TopicRBI

Topic: RBI

RBI faces calls to do more than just one rate cut this week

Finance Minister Nirmala Sitharaman has ratcheted up pressure on RBI for a ‘significant cut’ to lift India’s economic growth from a five-year low.

Modi govt opens RBI deputy governor post vacated by economist Viral Acharya to IAS

Viral Acharya, who quit six months before his tenure as RBI deputy governor ended, served his last day in office on 23 July.

Risks flagged by economists, RBI to review Modi govt’s foreign bond sale plan

The Reserve Bank of India’s board will meet next month to discuss, among others, the nation’s proposed maiden offshore bond sale plan, said sources.

Like his tenure as finance secretary, IAS officer Subhash Garg’s exit was also on own terms

Subhash Garg, after handing charge to his successor Atanu Chakraborty, exited North Block with a broad smile this week.

Ex-RBI governor Bimal Jalan backs India’s first foreign sovereign bond sale

Former RBI governor Bimal Jalan said the country's fundamentals supported the case of fund raising through such sale of such bonds.

Communists should lead by example, says Ilaiah & IIM professor disagrees with Urjit Patel

The best of the day’s opinion, chosen and curated by ThePrint’s top editors.

Foreign investors can help India tide over credit crisis, says JPMorgan’s Kalpana Morparia

JPMorgan India CEO Kalpana Morparia says tweaking bankruptcy rules can help overseas investors relieve India's troubled shadow banking sector.

Viral Acharya leaves RBI as his calls to protect its surplus reserves go unheeded

Deputy Governor Viral Acharya leaves RBI today with a sense of unfinished business on the central bank’s autonomy & the health of lenders.

RBI is closely monitoring 50 NBFCs for signs of crisis

RBI is constantly in touch with large lenders, NBFCs including housing finance companies, where it sees some signs of fragility, Das says.

More interest rate cuts will depend on economic data, RBI governor Shaktikanta Das says

Das says he sees signs of recovery in growth & that RBI’s switch to accommodative stance in June in itself amounts to a 25 basis-point cut.

On Camera

Why Modi-Shah have failed to develop mass leaders in states the way Vajpayee-Advani did

BJP had leaders like Modi, Chouhan, Raje, Raman Singh, BSY, and Dhumal who kept the party’s flame burning. Those promoted by Modi-Shah in the last 10 years fail to inspire confidence.

How businesses can become more resilient to the physical impacts of climate change

Extreme weather events have impacted 50% of corporate respondents to a recent survey. This underlines the importance of significant action now to increase climate resilience.

‘Nightmare at Chennai Marina’: 4 dead, 96 hospitalised after pandemonium at packed IAF air show

Lakhs of people were stranded at beach in heat as crowd control measures apparently failed. At least 14 lakh people were in attendance though police had expected around 10 lakh.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?