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Thursday, August 14, 2025
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

Trump is swinging on Russia again. What this means for Europe’s security architecture

The dynamics between Europe and Russia have gone so south that mending fences looks like an uphill task—even as the US swings between sanctions and olive branches.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

President awards 1st set of Sarvottam Yudh Seva medals since Kargil, 7 honoured for leading Op Sindoor

This year, the Indian Air Force received four of the seven awards, followed by the Indian Army with two medals, and the Indian Navy with one. 

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.