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"Make In India Need Not Become Make All That India Needs": RBI Ex-Governor
Sounding a note of caution, former RBI Governor D Subbarao on Monday said that 'Make in India' should not transform into 'Make all that India needs' as it would hurt investments in the country and impact productivity.
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Ex RBI Chief Demands Centre's White Paper On Political Parties' Freebies
The Modi government should come out with a 'White paper' to generate consensus among political parties on the issue of giveaways or freebies, former RBI Governor D Subbarao has said.
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"Underscores Congress' Penchant For Deceit": Smriti Irani On Ex RBI Governor's Book
Union Minister Smriti Irani on Tuesday attacked the Congress over former RBI Governor Duvvuri Subbarao's claim that the finance ministry under Pranab Mukherjee and P Chidambaram used to pressure the RBI.
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UPA Seized RBI To Paint Picture Of Rosy Economy: Minister Anurag Thakur
Union Minister Anurag Thakur on Tuesday alleged that the Congress-led UPA government "seized" the RBI to paint an illusion of economic growth during its tenure in office.
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Pressure Was Put On RBI To Paint Rosier Picture Of Growth, Claims Ex Governor
The finance ministry under Pranab Mukherjee and P Chidambaram used to pressurise the RBI to soften interest rates and present a rosier picture of growth to shore up sentiments, recalled former RBI Governor Duvvuri Subbarao in his memoir.
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RBI's Views Might Have Delayed Crypto Bill: Deputy Governor Michael Patra
RBI Deputy Governor Michael Patra said the central bank's views about cryptocurrencies might have delayed the government's proposed legislation on crypto assets.
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Prime Minister Modi Says Cryptocurrency Should Be Used to Boost Democracy, Not Harm It
PM Modi during a virtual summit hosted by US President Joe Biden said that they are used “empower democracy, not to undermine it”.
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Ex-RBI Governor Says Crypto Could Snatch Central Bank’s Control on Money Supply, Inflation Management
Former RBI governor Duvvuri Subbarao has expressed his views regarding the crypto space in India. Threat to the central bank's jurisdiction on money management as well the lack of a data protection bill are among his top concerns against the legalisation of cryptocurrencies.
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Urjit Patel Resigns: 10 Things To Know About The RBI-Government Conflict
Reserve Bank of India (RBI) Governor Urjit Patel stepped down from his position today, months after a conflict between the central bank and the Narendra Modi government stormed into the open. The opposition parties were quick to blame the government for his decision, with the Congress declaring it as the "result of our chowkidar's assault on democr...
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Inflation Hits Poor The Most, RBI Must Listen To Them, Says D Subbarao
Reserve Bank of India has to listen to voices of the poor who are hurt the most by inflation, its former Governor Duvvuri Subbarao said adding that cutting interest rates is not necessarily the solution to stimulate investment.
-
"Make In India Need Not Become Make All That India Needs": RBI Ex-Governor
Sounding a note of caution, former RBI Governor D Subbarao on Monday said that 'Make in India' should not transform into 'Make all that India needs' as it would hurt investments in the country and impact productivity.
-
Ex RBI Chief Demands Centre's White Paper On Political Parties' Freebies
The Modi government should come out with a 'White paper' to generate consensus among political parties on the issue of giveaways or freebies, former RBI Governor D Subbarao has said.
-
"Underscores Congress' Penchant For Deceit": Smriti Irani On Ex RBI Governor's Book
Union Minister Smriti Irani on Tuesday attacked the Congress over former RBI Governor Duvvuri Subbarao's claim that the finance ministry under Pranab Mukherjee and P Chidambaram used to pressure the RBI.
-
UPA Seized RBI To Paint Picture Of Rosy Economy: Minister Anurag Thakur
Union Minister Anurag Thakur on Tuesday alleged that the Congress-led UPA government "seized" the RBI to paint an illusion of economic growth during its tenure in office.
-
Pressure Was Put On RBI To Paint Rosier Picture Of Growth, Claims Ex Governor
The finance ministry under Pranab Mukherjee and P Chidambaram used to pressurise the RBI to soften interest rates and present a rosier picture of growth to shore up sentiments, recalled former RBI Governor Duvvuri Subbarao in his memoir.
-
RBI's Views Might Have Delayed Crypto Bill: Deputy Governor Michael Patra
RBI Deputy Governor Michael Patra said the central bank's views about cryptocurrencies might have delayed the government's proposed legislation on crypto assets.
-
Prime Minister Modi Says Cryptocurrency Should Be Used to Boost Democracy, Not Harm It
PM Modi during a virtual summit hosted by US President Joe Biden said that they are used “empower democracy, not to undermine it”.
-
Ex-RBI Governor Says Crypto Could Snatch Central Bank’s Control on Money Supply, Inflation Management
Former RBI governor Duvvuri Subbarao has expressed his views regarding the crypto space in India. Threat to the central bank's jurisdiction on money management as well the lack of a data protection bill are among his top concerns against the legalisation of cryptocurrencies.
-
Urjit Patel Resigns: 10 Things To Know About The RBI-Government Conflict
Reserve Bank of India (RBI) Governor Urjit Patel stepped down from his position today, months after a conflict between the central bank and the Narendra Modi government stormed into the open. The opposition parties were quick to blame the government for his decision, with the Congress declaring it as the "result of our chowkidar's assault on democr...
-
Inflation Hits Poor The Most, RBI Must Listen To Them, Says D Subbarao
Reserve Bank of India has to listen to voices of the poor who are hurt the most by inflation, its former Governor Duvvuri Subbarao said adding that cutting interest rates is not necessarily the solution to stimulate investment.
