Reviving growth top priority for MPCAll three RBI members were for 35 basis points cut and Ravindra Dholakia was for 40 basis points.
RBI redistributes Acharya’s portfolio among deputiesDeputy Governor Kanungo will now be responsible for overseeing the Monetary Policy Department.
Acharya’s exit likely to make MPC more open to rate cutsAt the margin, the composition of the MPC will likely become incrementally more dovish.
Viral Acharya resigns as RBI Deputy GovernorThe youngest deputy governor of the Indian central bank will return to New York University Stern School of Business in August.
Change in RBI's stance hints at more rate cuts: NomuraCuts of 0.50 per cent to narrow the real interest rate.
RBI to set up supervisory committee for banks, NBFCThe board also reviewed the current economic situation, global and domestic challenges and various areas of operations of the Reserve Bank.
Why CPI is the most adequate measure to address inflationWhen India adopted inflation targeting, it chose CPI. To look at anything else would be shifting the goal post.
The Buzzword: What is more important: Minutes or meeting?Let’s get a handle on these ‘minutes’ and why they are making many uneasy.
Uma Shankar appointed RBI Executive DirectorShankar's appointment has not yet been made public because another executive director Deepali Pant Joshi is set to retire later this month,...
Mundra retires; Vishwanathan to head supervisory depts at RBIDeputy governor Viral Acharya will be handling the central security cell, the Rajbhasha department and the human resources function, it sai...
Modi government drags feet on prosecuting 92 corrupt bureaucratsThe Narendra Modi government appears to have slipped on one of its election planks in its first year in office – to punish the corrupt bure...
Grand celebrations to mark 1st anniversary of Telangana formationTelangana government has planned a week-long cultural extravaganza to celebrate the first anniversary of the formation of the state that ca...
Jagan case: Indu group chairman & a minister now face CBI heatThe CBI filed chargesheets against two Indu group companies and named its chairman Indukuri Syam Prasad Reddy and a minister, J Geeta Reddy...
- CBI court permits ED to quiz 9 jailed in Jagan, OMC, Emaar cases
ED has sought to question the accused for the alleged violation of the PMLA and Foreign Exchange Management Act.
- Yeddyurappa demands state presidentship, Karandlaje as CM
In return for relinquishing the Karnataka chief ministership, BS Yeddyurappa is bargaining with the BJP for state presidentship of the part...
- Tatas seek land for aerospace unit at Hyderabad
THE Tata Group is planning a major investment in Andhra Pradesh in the defence sector.
- Petro hubs set to debut in Andhra Pradesh, Gujarat
Andhra Pradesh and Gujarat are set to have the first two petroleum, chemical and petrochemical investment regions (PCPIR) in the country wi...