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Monday, May 6, 2024
TopicReserve Bank of India

Topic: Reserve Bank of India

Supreme Court refuses to hear a plea seeking instant refund after failed financial transaction

PTI -
A two-judge bench led by Chief Justice Ranjan Gogoi, however, offered the petitioner an option to file a representation before the Reserve Bank of India.

RBI needs far bigger capital buffer, says study

Anirban Nag -
The study's findings rekindle the debate on the Reserve Bank of India’s autonomy as losses could push it to seek financial aid from the government.

India’s bankruptcy law will exist—with dentures in place of teeth

Andy Mukherjee -
India’s two-year-old bankruptcy regime has been brought to the brink of irrelevance by the strain of resolving its most high-profile case -- Essar...

India’s ‘animal spirits’ wake up as cash crunch begins to ease

Anirban Nag -
An overall activity indicator measuring 'animal spirits' of the Indian economy moved two notches up in November from a month ago.

Govt to infuse Rs 83,000 crore in public sector banks in next few months, says Arun Jaitley

PTI -
The move will enhance the total recapitalisation in the current fiscal from Rs 65,000 crore to Rs 1.06 lakh crore.

China’s shadow banking may be a lot bigger than India’s, but India’s is too big to fail

Andy Mukherjee -
The Indian government can’t afford to see the industry stumble.

Yes Bank’s Rana Kapoor is playing a dangerous funding game with market money

Andy Mukherjee -
Yes Bank’s stock has sunk 50 per cent in just three months.

Amritsar blasts, RBI board meeting make front page

Rajgopal Singh -
Front Page The story of the bloody attack Sunday on a religious meeting near Amritsar in Punjab is spread on the front pages of all...

Urjit Patel couldn’t resist demonetisation, Modi’s previous bad idea. He should resist now

Andy Mukherjee -
Resource-strapped Modi govt wants RBI’s surplus capital. But that can deplete RBI’s net worth & make it ineffective.

Finance minister Arun Jaitley meets Urjit Patel as rift widens

Vrishti Beniwal -
RBI under Patel has been pushing for more powers to clean up bad debts, but the Modi government wants banks to continue lending
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Opinion

‘Trade, not aid’—Narasimha Rao’s 1991 reforms speech that changed India’s economic landscape

PV Narasimha Rao -
On 9 July 1991, then-PM PV Narasimha Rao addressed the nation days before the Budget presentation, admitting that the job of repairing India's sick economy won't be easy, quick, or smooth.

India must kill terrorists. Nijjar blowback shows it also needs laws to guide assassins

+TFP

Don’t ask your date if they want to see you again. Their mercury retrograde is a tell-tale sign

Economy

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Yuthika Bhargava -
Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

Defence

China builds road through Shaksgam Valley, India registers protest

Snehesh Alex Philip -
New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

National Interest

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

Shekhar Gupta -
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.

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