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Thursday, October 2, 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

Suryakumar Yadav beats Trump’s Gaza plan on Indian TV news. No global event can match cricket

Indian TV channels need not report extensively on war zones. But why don’t they have at least one bulletin of international news each day, prime time?

More Andhra-style prawn fry for Indian plates? How Naidu’s trying to blunt US tariff hit on aqua exports

Naidu attempts to shield aqua farmers after Trump’s tariff hits the shrimp farming sector in Andhra Pradesh, leading to the cancellation of 50% of the state's exports.

Finnish giant ICEYE to build signature radar microsatellites in India, offers full control to govt

Company builds microsatellites that are smaller, faster, cheaper to produce. ICEYE will develop & launch micro-satellites, hand them over to India, which will have full control & sovereignty.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.