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Tuesday, July 22, 2025
TopicUrijit Patel

Topic: Urijit Patel

Modi govt move to ‘dilute’ bankruptcy law led to our rift, RBI ex-governor Urjit Patel says

The rift centered around February 2018 circular issued by RBI, which forced banks to immediately classify borrowers as defaulters when they delayed repayments.

Viral Acharya leaves RBI as his calls to protect its surplus reserves go unheeded

Deputy Governor Viral Acharya leaves RBI today with a sense of unfinished business on the central bank’s autonomy & the health of lenders.

RBI’s Urjit Patel says oil prices will boost economy, stays mum on face-off with Modi govt

Urjit Patel, who appeared before a Parliamentary panel, didn't answer questions on several issues including the RBI's autonomy, according to sources.

Indian rupee, Asia’s worst performing currency, crashes past the 70 level to new low

The rupee dropped to 70.08 per dollar before recovering to 69.85 as state-run banks sold dollars, probably on behalf of RBI. There’s not a moment...

India joins emerging markets by raising key interest rate

RBI’s move comes as central banks in emerging markets step up action to counter capital outflows and weaker currencies that threaten to drive up inflation.

In first reaction to PNB-Nirav Modi scam, RBI governor Urjit Patel puts onus on govt

Patel defended the central bank, saying it is simply impossible for the regulator “to be in every nook and corner of banking activity to...

RBI data isn’t enough to argue if demonetisation was a success or failure

It's premature to decide whether demonetisation is a success or failure, write economists Jagdish Bhagwati, Vivek Dehejia and Pravin Krishna.

On Camera

Bihar ADG linking farmers to rising crime uncalled for. Data just doesn’t support such claims

Just as central ministries and state departments are represented by designated spokespersons, police headquarters should also appoint media officers for daily briefings.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.