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Wednesday, November 5, 2025
TopicSection 7 of RBI Act

Topic: Section 7 of RBI Act

Top Modi govt official taunts RBI with ‘wrath of markets’ jibe

Analysts have slammed economic affairs secretary Subhash Garg for a provocative tweet days after the RBI and the Centre sparred in the open.

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.

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.

On Camera

India’s think tanks double up as lobbyists, give no disclosures. Hurt policymaking

Many 'independent' reports, intended to shape policies, are sponsored by industry groups or entities with deep pockets and vested interests. This process must become transparent.

Kerala’s silent startup surge—work near home, smooth roads, fast internet & diaspora engagement

Once seen as a fading presence on India’s investment & startup picture, the state is slowly moving up the ladder, with policy reforms & infrastructure building.

India & Israel ink agreement to share, co-develop & co-produce advanced defence tech

Agreement signed during 17th Joint Working Group (JWG) on defence cooperation. Defence Secretary Rajesh Kumar Singh met Director General in Israeli Ministry of Defence Amir Baram Tuesday. 

Trump’s trade wars have rewritten powerplay, but India didn’t get the memo

This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.