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"Expect Real GDP To Touch 7%": RBI Chief Shaktikanta Das To NDTV At Davos
The Indian economy is expected to touch real GDP growth of seven per cent next year, Reserve Bank of India Governor Shaktikanta Das told NDTV Thursday on the sidelines of the World Economic Forum in Davos.
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"Inflation Outlook Clouded By Uncertainties": RBI Governor
The Reserve Bank of India (RBI) Governor Shaktikanta Das said today that inflation is likely to ease in September next year, adding that the central bank expects retail inflation to be 5.4 percent for the 2023-24 financial year.
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Turbulent Year for Cryptocurrencies Could Spur Progress Towards Regulatory Norms for Digital Assets in 2023
Cryptocurrency could see more regulatory norms in 2023, after a year of turbulence that saw the collapse of massive trading platform FTX. The Reserve Bank of India has been forthright about its views on cryptocurrency and its Governor Shaktikanta Das said last month that cryptocurrencies should be "prohibited" and that if they are allowed to grow "...
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RBI Governor Says Next Financial Crisis Will Come from Private Cryptocurrencies
RBI governor Shaktikanta Das said on Wednesday that the next financial crisis would be caused by private cryptocurrencies. He also added that digital currencies have no underlying value and pose risks for macroeconomic and financial stability, and reiterated his view that they should be banned.
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Urjit Patel Quits As RBI Governor Amid Feud With Government
Amid an unprecedented public face-off with the government over a range of issues including autonomy, Reserve Bank of India Governor Urjit Patel has stepped down from his post citing "personal reasons". Mr Patel was appointed in 2016 for a three-year term, which was to expire in September next year.
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Centre's Nominees On RBI Board To Push Harder At Monday Meet: Report
As Prime Minister Narendra Modi's government turns up the heat on the Reserve Bank of India (RBI) governor to do its bidding ahead of next year's general election it is getting the central bank's board to take on a much more powerful role, according to government officials and board members.
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The Explosive RBI Speech That Has Upset The Government
RBI Deputy Governor Viral Acharya said on Friday that undermining a central bank's independence could be "potentially catastrophic", in comments appearing to push back against government pressure ahead of a general election next year. Government officials have recently called for the RBI to relax its lending restrictions on some banks, and Delhi ha...
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"Postmortem Easier For Some": Arun Jaitley's Retort To Raghuram Rajan
Finance Minister Arun Jaitley Tuesday hit out at former RBI governor Raghuram Rajan for predicting that the next banking crisis would be triggered by micro, small and medium enterprises (MSME) lending, saying postmortem is easier than taking action when it was required.
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RBI Governor To Give Pep Talk To Anti-Corruption Officers On September 20
RBI Governor Urjit Patel is scheduled to deliver a lecture to senior anti-corruption officers working with banks and other public sector organisations in Delhi next week, officials said today.
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India's Pace Of Growth Will Accelerate In 2018-19, Says RBI Governor
Asserting that the Indian economy turned in a resilient performance in 2017-18, Reserve Bank of India (RBI) Governor Urjit Patel has said the country's growth is expected to accelerate next fiscal.
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RBI May Hold Rates As Economy Rebounds To 6.3% In September Quarter
An acceleration in growth is expected to prompt Reserve Bank of India Governor Urjit Patel to be more hawkish in next week's rate review.
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After Urjit Patel, May Summon PM Narendra Modi, Warns Chief Of Parliamentary Panel
Prime Minister Narendra Modi could be asked to explain his abrupt demonetization drive to a parliamentary committee, its chief, Congress leader KV Thomas, said today according to news agency Press Trust of India.
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RBI Chief Urjit Patel Likely To Appear Before Parliamentary Panel Next Month
Reserve Bank of India (RBI) Governor Urjit Patel is likely to be called by the Parliamentary Committee of Finance for a briefing on demonetisation next month, informed sources said on Thursday.
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PM Modi Swaps Rockstar Rajan For Quiet Technocrat At RBI: Foreign Media
Goodbye global financial rock star, hello quiet trusty technocrat.
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2 Names For Raghuram Rajan's Successor, Announcement This Month: Sources
The Modi government is expected to announce the next Reserve Bank of India Governor well before the term of the current chief Raghuram Rajan comes to an end in September.
-
"Expect Real GDP To Touch 7%": RBI Chief Shaktikanta Das To NDTV At Davos
The Indian economy is expected to touch real GDP growth of seven per cent next year, Reserve Bank of India Governor Shaktikanta Das told NDTV Thursday on the sidelines of the World Economic Forum in Davos.
-
"Inflation Outlook Clouded By Uncertainties": RBI Governor
The Reserve Bank of India (RBI) Governor Shaktikanta Das said today that inflation is likely to ease in September next year, adding that the central bank expects retail inflation to be 5.4 percent for the 2023-24 financial year.
-
Turbulent Year for Cryptocurrencies Could Spur Progress Towards Regulatory Norms for Digital Assets in 2023
Cryptocurrency could see more regulatory norms in 2023, after a year of turbulence that saw the collapse of massive trading platform FTX. The Reserve Bank of India has been forthright about its views on cryptocurrency and its Governor Shaktikanta Das said last month that cryptocurrencies should be "prohibited" and that if they are allowed to grow "...
-
RBI Governor Says Next Financial Crisis Will Come from Private Cryptocurrencies
RBI governor Shaktikanta Das said on Wednesday that the next financial crisis would be caused by private cryptocurrencies. He also added that digital currencies have no underlying value and pose risks for macroeconomic and financial stability, and reiterated his view that they should be banned.
-
Urjit Patel Quits As RBI Governor Amid Feud With Government
Amid an unprecedented public face-off with the government over a range of issues including autonomy, Reserve Bank of India Governor Urjit Patel has stepped down from his post citing "personal reasons". Mr Patel was appointed in 2016 for a three-year term, which was to expire in September next year.
-
Centre's Nominees On RBI Board To Push Harder At Monday Meet: Report
As Prime Minister Narendra Modi's government turns up the heat on the Reserve Bank of India (RBI) governor to do its bidding ahead of next year's general election it is getting the central bank's board to take on a much more powerful role, according to government officials and board members.
-
The Explosive RBI Speech That Has Upset The Government
RBI Deputy Governor Viral Acharya said on Friday that undermining a central bank's independence could be "potentially catastrophic", in comments appearing to push back against government pressure ahead of a general election next year. Government officials have recently called for the RBI to relax its lending restrictions on some banks, and Delhi ha...
-
"Postmortem Easier For Some": Arun Jaitley's Retort To Raghuram Rajan
Finance Minister Arun Jaitley Tuesday hit out at former RBI governor Raghuram Rajan for predicting that the next banking crisis would be triggered by micro, small and medium enterprises (MSME) lending, saying postmortem is easier than taking action when it was required.
-
RBI Governor To Give Pep Talk To Anti-Corruption Officers On September 20
RBI Governor Urjit Patel is scheduled to deliver a lecture to senior anti-corruption officers working with banks and other public sector organisations in Delhi next week, officials said today.
-
India's Pace Of Growth Will Accelerate In 2018-19, Says RBI Governor
Asserting that the Indian economy turned in a resilient performance in 2017-18, Reserve Bank of India (RBI) Governor Urjit Patel has said the country's growth is expected to accelerate next fiscal.
-
RBI May Hold Rates As Economy Rebounds To 6.3% In September Quarter
An acceleration in growth is expected to prompt Reserve Bank of India Governor Urjit Patel to be more hawkish in next week's rate review.
-
After Urjit Patel, May Summon PM Narendra Modi, Warns Chief Of Parliamentary Panel
Prime Minister Narendra Modi could be asked to explain his abrupt demonetization drive to a parliamentary committee, its chief, Congress leader KV Thomas, said today according to news agency Press Trust of India.
-
RBI Chief Urjit Patel Likely To Appear Before Parliamentary Panel Next Month
Reserve Bank of India (RBI) Governor Urjit Patel is likely to be called by the Parliamentary Committee of Finance for a briefing on demonetisation next month, informed sources said on Thursday.
-
PM Modi Swaps Rockstar Rajan For Quiet Technocrat At RBI: Foreign Media
Goodbye global financial rock star, hello quiet trusty technocrat.
-
2 Names For Raghuram Rajan's Successor, Announcement This Month: Sources
The Modi government is expected to announce the next Reserve Bank of India Governor well before the term of the current chief Raghuram Rajan comes to an end in September.
