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Monday, November 4, 2024
TopicUrjit Patel

Topic: Urjit Patel

Subramanian Swamy backs RBI governor Urjit Patel against finance minister Jaitley

Subramanian Swamy, a baiter of previous RBI governor Raghuram Rajan, says Urjit Patel should not be allowed to quit.

Between Sardar Patel and Urjit Patel, TV news channels forgot Sri Lanka

Punsters had a field day when Narendra Modi dedicated Sardar Patel’s statue to the nation.

RBI is pushing Modi govt back as the era of easy money is over

Modi wants banks to dole out loans quickly to keep world’s fastest growing major economy firing. RBI governor Urjit Patel has other priorities.

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.

Finance minister Arun Jaitley meets Urjit Patel as rift widens

RBI under Patel has been pushing for more powers to clean up bad debts, but the Modi government wants banks to continue lending

We might be headed towards a massive showdown between Narendra Modi govt and Urijit Patel’s RBI

Patel is under pressure for further tightening the screws on undercapitalised banks and errant corporate borrowers that are worried they may lose prized assets.

RBI surprises by holding interest rates and shifting to hawkish stance

The six-member monetary policy committee led by RBI Governor Urjit Patel voted 5-1 to keep the repurchase rate at 6.5 per cent.

Oh Yes Bank, you lost your CEO – for the greater good

After acting against Rana Kapoor, RBI will be forever held to a high standard and any compromises would damage its credibility.    

By a 99.3% verdict, India’s cash ban was a farce

RBI's focus on pressing issues like the banking system deserves more attention after two years of cash ban frenzy and counting of old notes.

RBI raises prospect of currency wars as it hikes interest rates

Raising interest rates to the highest in two years, RBI says it seeks to stabilise the economy amid growing global trade and currency conflicts.

On Camera

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

India carries out 1st patrol in Depsang since disengagement with China, to take things ‘slow’

While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.