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Tuesday, February 3, 2026
TopicReserve Bank

Topic: Reserve Bank

Decision to keep rates low has generated weakness for the rupee

RBI kept interest rates unchanged in December 2021 & in February 2022because Ministry of Finance is building an “escape clause,” allowing inflation to increase above the target goal of 4%.

Fugitive Nithyananda ready with ‘Hindu Reserve Bank of Kailasa’, launch on Ganesh Chaturthi

Rape-accused fugitive godman Nithyananda has in a video announced that 'his country' Kailasa has signed MoU with another country that will host the ‘Hindu Investment and Reserve Bank’.

It’s time India switches to millions and billions instead of lakhs and crores

The Indian way of writing numbers, particularly large ones, results in a lot of unneeded mental gymnastics. It might be a good time to bring it to an end. 

On Camera

Floundering PM Internship Scheme has seen 44% drop out since 2024 launch. Budget deals drastic blow

Only 21 percent of interns complete programme as Centre slashes budget by over 50% after poor joining and high attrition.

CDS Gen Chauhan in Armenia, focus on deeper defence ties including new deals

Armenia has procured significant defence equipment from India, including artillery guns, multi-barrel rocket launchers, air defence system, sniper rifles, weapons locating radars, anti-drone weapons.

Swiss report should now close Op Sindoor debate. Knowing when to stop the fight is key too

The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.