Saturday, 25 May, 2019
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The RBI Logo | Getty images

RBI has begun monetary policy easing, it must now focus on financial sector reforms

RBI has to improve monetary policy transmission & undertake reforms like setting up public debt management agency & boosting bond market infrastructure.
A man walks past the Reserve Bank of India headquarters in Mumbai | Shashank Parade/ PTI

RBI will issue new circular on stressed assets without ‘undue delay’: Shaktikanta Das

Two days after Supreme Court quashed RBI’s 12 February circular, governor Shaktikanta Das says ruling doesn’t question central bank’s powers.
Shaktikanta Das

Modi govt refuses to disclose appointment details of RBI governor Shaktikanta Das

Replying to an RTI query, govt declined to share the details, including names of short-listed candidates and file notings related to the appointment.
RBI Governor Shaktikanta Das

RBI’s new boss Shaktikanta Das is stuck between a rock and a hard place

If the RBI keeps buying government bonds, it surrenders its power to teach the government a lesson in fiscal arithmetic.
Bimal Jalan

Low inflation gives RBI room to support economy, says former governor Bimal Jalan

Jalan says RBI should decide how much it can do to facilitate credit flow & investment in the economy, given global risks & elections at home.
Indian trade union members pose for media holding banned currency notes during a demonstration against demonitisation in Chennai | Arun Sankar/AFP/Getty Images

Minutes prior to demonetisation, RBI had warned PM Modi of no material impact on black money

The RBI board had met just two-and-a-half hours before Prime Minister Narendra Modi announced demonetisation.
RBI building

RBI is struggling to get banks to cut interest rates

A mismatch between deposits & credit growth & competition from govt for small-savings limit ability of banks to transmit monetary policy easing.
A vendor arranges copies of newspapers that feature a BJP ads picturing Narendra Modi

Missing ministers in central govt ads a message from BJP

Pre-Truth – snappy, witty and significant snippets from the world of politics and government.
A bronze bull statue stands at the entrance to the Bombay Stock Exchange (BSE) building in Mumbai

Indian economy makes a weak start in 2019

A pullback in exports and business activity indicate weaker investors’ confidence in the Indian market.
Workers cross a road outside a Tata Steel Ltd. plant in Jamshedpur, Jharkhand

RBI likely to cut policy rates twice more, says market expert

Neeraj Gambhir, former head of fixed income at Nomura Holdings Inc. for India said that rate cuts are possible as early as April.

On Camera

Congress headquarters

One in three people at Congress rallies may not have voted for the party: Lokniti-CSDS

Survey data from BJP and Congress rallies during 2019 election suggest that huge crowds are deceiving and don’t translate into votes in favour.
elections

Does Congress have a future in India after 2019 Lok Sabha election results?

The Congress party faced a crushing defeat in the 2019 Lok Sabha elections at the hands of Narendra Modi-led BJP.

Defence

An AN-32 aircraft of the Indian Air Force

IAF workhorse AN-32 gets a fuel that’s green and creates jobs for tribals

The IAF will now run its AN-32 transport aircraft on a blended bio-fuel partly derived from trees. It plans to widen the experiment over the next two years.
Graphic by Soham Sen | ThePrint

Modi era begins in politics as caste factor fades. Here’s why he won’t be easy to beat

BJP's Mandir politics has subsumed Mandal under Modi-Shah and created a pan-Hindu vote. Modi's challenger has to invent a new politics.