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Finance Minister Arun Jaitley with RBI Governor Shaktikanta Das

RBI governor says he’ll meet CEOs of both public & private sector banks on 21 February

Shaktikanta Das spoke after Finance Minister Arun Jaitley addressed a post-budget meeting of the central board of the RBI.
Indian currency

Rupee’s unexpected rally showcases RBI’s pivot for India markets

Money from Axis Bank Ltd.’s share sale and Vodafone Plc’s investments in its India unit are supporting the rally in the rupee
A Rafale fighter jet manufactured by Dassault Aviation SA | SeongJoon Cho/Bloomberg

Hindu’s exclusive fires Rafale attack at Modi’s PMO

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RBI

RBI is right to cut, luckily

India's interest-rate cut was justified, given that Inflation is well below target and growth is slowing across all major economies.
The Reserve Bank of India (RBI) logo is displayed inside the central bank building in Mumbai

RBI governor Shaktikanta Das’ first rate cut move is government-friendly, as expected

Experts say RBI's 25 basis points cut in lending rate is expansionary given as it comes shortly after an expansionary budget.
Indian currency

RBI cuts repo rate by 25 bps in first policy meet under Shaktikanta Das

The repo rate cut will nudge banks to cut interest rates on loans for borrowers and provide a stimulus for demand in the economy.
Representational image

India’s ‘animal spirits’ subside as falling demand hits the economy

The indicator, compiled by Bloomberg, reflects a pullback in new orders & business activity, as well as easing inflationary pressures.
The Reserve Bank of India (RBI) logo is displayed on a gate at the central bank's headquarters in Mumbai

Modi govt turns to RBI for help before elections

RBI may cough up as much as Rs 40 billion to help the Modi government make up some of its revenue shortfall this fiscal.

Caution is the watchword for world’s top central banks including Reserve Bank of India

Under a new governor Shaktikanta Das, the RBI is likely to prepare markets for an interest rate cut, say economists. Central banks enter the new year under pressure from investors to rethink just how aggressive they can be hiking interest rates. A slowdown in the world economy, the trade war and skittish financial markets are forcing policy makers including Federal Reserve Chairman Jerome Powell to express fresh caution about their scope for tightening monetary policy. The People’s Bank of China is also pledging support for its economy. That outlook marks a change from last year where a majority of central banks raised rates and the European Central Bank ceased buying assets. Of course, if economies weather the latest challenges, policy makers may need to rethink anew. What Our Economists Say: “Heightened uncertainty about the trajectory for policy normalization and reduced divergence between the Fed and the rest are set to characterize the 2019 central bank...
The Reserve Bank of India (RBI) logo is displayed on a gate at the central bank's headquarters in Mumbai

India’s subdued inflation signals interest-rate cuts in coming months

RBI Governor Shaktikanta Das is seen as more dovish on monetary policy.

On Camera

PM Narendra Modi | Suraj Singh Bisht/ThePrint

4 reasons why Modi remains in the hunt for a second term

Without these 4 factors, Modi & BJP’s fortunes would have been sunk by govt's dismal performance on the economy, jobs & reckless steps like demonetisation.
GoT

Did the last season of Game of Thrones let down its legions of fans?

Many Game of Thrones fans across the world have demanded a remake of the 8th season of Game of Thrones saying the script didn’t match their expectations.

Defence

After 10-year wait, defence ministry to grant ex-servicemen status to military nurses

Military nurses had been seeking to be treated at par with other military officers, including doctors.
Illustration: Soham Sen | ThePrint

If Pragya Thakur wins this Thursday, Modi is in for an embarrassing 5 years

Never has one constituency had such a bearing on Indian nationalism and the pretence of a Gandhian polity. So what if PM Modi doesn’t forgive her in his heart?