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Tuesday, November 5, 2024
TopicViral Acharya

Topic: Viral Acharya

Surplus, liquidity to be key agendas as RBI prepares for Nov 19 board meeting

Even though the agenda is circulated much in advance, board members are free to raise other issues in the meeting. 

Modi govt wants RBI to forego part of its surplus reserves to put it to better use

The government’s demand is expected to further escalate tensions with the RBI which has lately intensified its push for its independence and autonomy.

Undermining autonomy of RBI is the opposite of Modi’s promise of good governance

The Modi-RBI tussle flies in the face of minimum government and maximum governance slogan.

Urjit Patel won the first round in RBI vs Centre, but the war isn’t over

The timing of RBI deputy governor Viral Acharya’s scathing speech was impeccable.

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.

Is Viral Acharya speech just another fight or shows Modi govt’s inability to work with RBI?

RBI deputy governor Viral Acharya lashed out at the government for trying to undermine the authority and curb the independence of the central bank...

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.

India’s growth recovery runs straight into emerging market chaos

The economy's recovery is in question as the nation fights a currency slump and inflation brought by oil price hike.

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.